Pumpty Dumpty Sat On The Wall

7 ส.ค. 2020

We all know the next line...and it wasnt landing on the moon...
Volume....my one word reasoning....to Bon Jovis 'This aint a bull run'!
And it seems that bulls attempts to spark inteest is failing...meaning the downside will be quick and sharp
To quote JBJ again... 'Should have seen it coming when the volume died'
Good luck to all.

7 ส.ค. 2020

บันทึกช่วยจำ

..cant seem to post reply to RobJay ..so here it is...Im not a fan of the current stock market ..pangs of a 'greed' market not disimilar to the 29-32 market...look at the graphs. The gamble is whether there is a vaccine or not. Nobody has ever made a corona virus vaccine that works...ever, But if they do...you would want to be in the market when that news breaks...whether the data from real economies, which will get worse and worse..breaks the markets first..therein lies the gamble..
Rising market..declining volume is never a good thing. If 100 people start pushing a boulder up a hill and every ten steps somebody leaves then eventually the pace slows to a point where the boulder falls crushing those still holding it