Originally posted by scooterscot
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Originally posted by psychocandy View PostWAsnt it $20K?
The whole rally to $19 lasted hours $17k about 72 hours. The real high was defined by areas of support & resistance, which is around $14k on the dot.
When $10.5k is broken and becomes support, money will flood into the market at a silly rate. After $14k alts will feel the benefits of the new bull market.
Institutional investors throughout quarter 1 of 2020 have increased their holdings considerably against previous quarters."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostThe whole rally to $19 lasted hours $17k about 72 hours. The real high was defined by areas of support & resistance, which is around $14k on the dot.Comment
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Originally posted by psychocandy View PostWAsnt it $20K?And the lord said unto John; "come forth and receive eternal life." But John came fifth and won a toaster.Comment
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Everest isn't 29,000 feet.
It's only 17,000 feet because that's the support area.Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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Originally posted by TheGreenBastard View PostWhy are you trying to redefine things to fit a narrative?Comment
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Scoots may well have the last laugh if it does do another moonshot.
Although I'm not sure who's going to propel it this time. I can't see joe public piling in like they did in 2017.Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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Originally posted by scooterscot View PostInstitutional investors throughout quarter 1 of 2020 have increased their holdings considerably against previous quarters.
(I'm under 4 foot tall, as I'm typically sat down and that's my support area).Comment
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"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by TheGreenBastard View PostWhy are you trying to redefine things to fit a narrative?
The narrative I can't take credit for because the facts belong to the chart, not the media. Candle wicks tell a story, bodies tell the facts. No matter the market, candle bodies are where decisions are made.
$14k is when money floods the market, not $20k.
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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