An anonymous person claiming to be a PCP who has no background in virology or research is certainly not the end of discussion; especially when it contradicts what a lot of actual virologists and researchers are saying.

Randy has stated in other videos that he expects it to go pretty fast (a few weeks or even a few days). He was adamant that the confluence of moving averages was going to be heavy resistance today, but in pops trillions. I’m sure the big boys are looking at the same charts.

I wonder if anyone can even estimate the market. Tons of government money in, huge unemployment & lost spending out. It almost seems like the government money in is greater than lost production due to corona. There’s a lot of moving parts though.

Agree. There’s a lot of opportunities every day in this market. Having your money sitting still in one trade hoping that the government or fed isn’t going to do anything crazy is a little unnerving. Two weeks in this market is like two months in some markets.

Regarding the virus, I was surprised to see a slow down in the rate of growth this soon in hotspots like NY. While that is good news, I agree that the inevitable economic impact is not priced into this week’s surge in prices…

It can not end well.

I voted for him, I have every right to criticize…did not get what I wanted. He shows disrespect, then so will I. I was taught to lead by example. He does not. He refuses to wear a face mask to protect others in case he’s sick. That’s one example of not being a leader. It’s not treason to show disrespect, btw. If you don’t like it, then you can always block me.
I do agree with you on comrade pooh–he sucks.

You are right, I did’t watch today’s video until the end (I just did it know), by I am watching almost all of his videos.
As for my opinions … even if I have more than 10 years of corporate banking on my resume, I still don’t claim to be as knowledgeable as Randy is (which is why I pay to hear his opinions!).

But! … I still feel that he has a strong bias. Yes, in today’s video he did mention the 2008 Fed intervention, but guess what … According to CNBC (https://www.cnbc.com/2017/11/24/the-fed-launched-qe-nine-years-ago–these-four-charts-show-its-impact.html), the QE amounted to a whopping $3.6 billion between 2008 and 2015. That’s $3.6 in 7 years. Now?! Well now we have $4.5 billion in 30 days!

Anyway … because I like to think I’m neither dumb nor arrogant, I love it when people prove me wrong – that’s how I learn, which is why I’m still hoping that Randy will address these issues in more depth. He did say “if you have time, patience and if your wallet allows it, we will go lower”, but what does “if you have time” mean? What if the Fed – who’s already all in – will prop the market until November? When I’m short, 6 months is more than forever.

Great, so steal from our grandchildren to bail out the baby bloomer’s 401k’s. I do agree that they will stop at nothing to make the market go higher. Watch the gap ups over resistance going forward. It happened almost every night during 2019.

I agree about bad news being good news, but 500 points higher in 5 minutes? I’m really referring to the plunge protection team PPT market manipulation as opposed to general sentiment.

It might be a case of “bad news is good news”, the higher the unemployment numbers, the stronger the case for ending the lockdown (which is seen as bullish, at least in the short term).

You are incorrect in your postings . . . Maybe watch the the videos before posting your comments. To help you out, many times including today he discusses this (starting 32 minutes into the video today). Of course you can differ in your opinion, but he does address it.

Yes, I failed to mentioned vitamin-C b/c I thought it was common knowledge. But to be thorough, it is highly recommended to take Vit-C, D3, and Zinc with the hydroxychloroquine

Fundamentally you are right, but we have a timing problem. The market was already broken in 2019 and it was broken in 2018, when corporate tax cuts were primarily used for buy backs.
I have no doubt that a larger, solid crash will take place in the future, but that future could be 2021 or 2025. And by then the S&P could be at 6,000, a crash of 50% bringing it down to 3,000. Are you willing to keep your positions open until this happens in an undermined moment in time?
Yeah, we know that climate change will kill us all. The only question is if it’s going to be 100 or 1 million years from now. That’s a pretty important variable.

Please elaborate about Comrade Pooh. Are he and his CCP minions pulling the strings here and manipulating our stock market? Any truth in those theories that they purposely released the China virus here in the US?