Stock Market rollercoaster - the BULL is back! - did we already hit the bottom?

[Micawber]

Thank you, Trumpet. Havana needs a good spanking like this once in awhile.
(I think he secretly enjoys being humiliated in public like this)

Should we stop or feed his masochism by dbling down on the degradation ritual? It's a paradox.

[Bigdog]

WOW!
I commend you on your brave prediction.
Many Preach, few give exact numbers.

Well, it is a worst case scenario perdition. We may never hit 18.1k again.

[Legion]

We may never hit 18.1k again.

Or, we may.

[Bigdog]

For real. I bravely predict a higher floor. I take the over 14,788. Hell, RW hate alone will create a resistance point at where Obama left it.

So you're going to use the old "price is right" trick and bid one dollar higher, lol.

[Trumpet]

Thank you, Trumpet. Havana needs a good spanking like this once in awhile.
(I think he secretly enjoys being humiliated in public like this)

I will probably end up on Hanana's ignore list for this. .

[Doc Dutch]

Many seem to predict a 'W' shaped recovery rather than a 'V' shaper recovery.
I would think a 'U' shaped recovery would probably be the case.
But, ... any of those would beat an 'L' shaped non-recovery.

"Plan for the worst, hope for the best"

[Trumpet]

A bull market is technically defined as a 20% gain off the low.

"MarketWatch (blog)
The Dow’s 21% surge in 3 days puts it back in a bull market — here’s why the coronavirus crisis makes it feel utterly bearish
The bull market is dead, long live the bull market. ... volatile phase of action for stocks certainly doesn't feel to many like a bona fide bull run, ...
9 hours ago"

Is this it? Have we seen the bottom? ... or will it go down to 15k?

Big Pooch, the markets have lost now steam.

[Jack]

I will probably end up on Hanana's ignore list for this. .

Probably. But I would consider that a Plus.

[Walt]

Do you still believe the expert scientist prediction of 2 million deaths in the U.S. and half a million in the UK? ... or do you think the "expert" was wrong, now?

The current best guess would be between 100,000 and a million. Two million is still possible. I believe 100,000 is becoming less and less likely.

[Walt]

I am seeing a shortage of sellers in some of the better stocks. Those who wanted out, may already be out. But the markets are fickle, you may get another chance. It's a very tough market to call.

There is going to be a wave of people who need money for living expenses. They will have to sell stock at any price, whether they want to or not. And there are people buying stock on leverage who will have to sell in a major downturn. For us to hit the bottom, we need enough people to be buying value to make up for the wave of people selling for living expenses. The stock market needs to go up, or the people who bought stock on credit will have to sell.

Either direction is possible, but I personally would be happy if the market just was boring and down for a little while. If it rises, people who need the money might all try to take advantage of that at once and crash the market far worse.

[Legion]

So you're going to use the old "price is right" trick and bid one dollar higher, lol.

Poor Mcslobber.

[Wolverine]

Now I know why men in the old days dueled.

You got pistolas?

[Truth Detector]

A bull market is technically defined as a 20% gain off the low.

"MarketWatch (blog)
The Dow’s 21% surge in 3 days puts it back in a bull market — here’s why the coronavirus crisis makes it feel utterly bearish
The bull market is dead, long live the bull market. ... volatile phase of action for stocks certainly doesn't feel to many like a bona fide bull run, ...
9 hours ago"

Is this it? Have we seen the bottom? ... or will it go down to 15k?

There was a short time where I thought 15,000 was a possibility. The last three days have been encouraging and when the House finally gets off its collective asses and pass the stimulus, it will continue its upward climb which will being a little more sanity back to the economy.

[Truth Detector]

Many seem to predict a 'W' shaped recovery rather than a 'V' shaper recovery.
I would think a 'U' shaped recovery would probably be the case.
But, ... any of those would beat an 'L' shaped non-recovery.

^Fancies himself as a economic analyst.

[Truth Detector]

I hope so, but if the scientists are correct, things will get worse and the markets will suffer.

What are the scientists saying? That you're mentally retarded?