Pre-market Dow is up 644 already.

[gristy]

https://money.cnn.com/data/premarket/

Dow
+644.00 / +3.16%
Level
21,043.00
Data as of 10:08pm ET

Seems about right. Pattern has been 1 day down, then 1 day up. Then repeat.

[AlexSFCA]

1. the markets are trying to determine the bottom

If somehow overcome the pandemic better than expected, markets will be going up all the way till election day guaranteeing trump a victory.

[jimfields33]

4. I just want retirees 401k's to go back up

They can’t afford to wait ten years again like after 2008. But I’m more worried about stores and restaurants going under and the workers permanently out of work. That’s big time bad.

[AlexSFCA]

6. retirees would have minimal to no exposure to stocks

so they won’t be affected.

[rockfordfile]

14. Nope. Americans see trump for what he is.

[WheelWalker]

2. One step forward, three steps back.

[spooky3]

3. Yes. It has not risen on up days nearly as much as it is fallen on down days.

Trump's disaster has wiped out ALL of the gains since he was inaugurated.

[dchill]

8. Seems about right.

[sandensea]

5. It'll "Fibonacci" at 18263.

The selloff low, therefore, is likely to be just above that figure.

But who knows anymore.

[Hoyt]

7. Better than down, but this pattern of down -2000, up +1000 over weeks, ain't

positive. Until the virus is under control, and people are safe — assuming that happens— the market is sunk.

[uponit7771]

9. Dead cat bounce 3. happens after big sell offs when there's structural problems in money movement

[Pachamama]

10. +1000

Yep - the dead cat bounce

[tinrobot]

11. Yep. Sadly, the cat died of coronavirus.

It's going to be a while before his nine lives kick in.

[uponit7771]

12. +1

[Steelrolled]

13. There is incredible amounts of wealth being

generated and lost on these wild swings. Some are doing very well.

My strategy is simple - continue to contribute into my 401k every month, and wait it out.