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IF we rally into the full moon window then I will short a stock.
I am only interested if we really rally hard and take out all
the in range short stops.Never give up, never surrender.
I have no explanation whatsoever for this action.
Jobless rate actually fell.
With the leisure and travel industry completed closed, I somehow find that impossible to believe.
Payrolls actually rose 2.50 million as opposed to an estimate of losing 7.50 million.
Seeing as weekly claims that come out are around 6 million a week, how is this possible.
I am totally baffled.
Plan your trade, trade your plan!
These NFP’s were until the end of May. How can jobs have been created?
In the past I would have shorted this 3 times by now. I still have not even got an entry. You just cannot when it goes this stupid.
Worst of all TRUMP is speaking at 3pm our time on the jobs report. He will be having a field day.
Plan your trade, trade your plan!
Added short 3172 es..15 pt stop..must be mad but there you go.
Good luck Houd.
P/E forward ratio at 25, highest since year 2000. Say no more!
Plan your trade, trade your plan!
I usually talk about a gap fill around this time. FWIW gap fill today is at 3110.50
Plan your trade, trade your plan!
So far there has been absolutely no selling whatsoever since open. It just continues to grind higher. Europe has very much joined the party now.
I really have no idea what will take this down.
Normally when the market goes up on bad new, it then comes down on good news.
This is a market is just happy to go up on all news.
In the US this week we have had Civil unrest and that has been completely shrugged off.
Plan your trade, trade your plan!
Beyond comprehension.im fine with the market recovering,but you’re talking a few normal years of gains in a matter of weeks.what is the euphoric buying for? Somebody care to share the news?
IF we rally into the full moon window then I will short a stock.
I am only interested if we really rally hard and take out all
the in range short stops.It’s in the right direction but I need to see a little bit more.
Never give up, never surrender.
The rally is right on all counts the writing was on the price action.
Fear of missing out drives this rally is better than the dot com time.
Hertz is 100% up today and above the price before bankruptcy it makes sense (not)
Naz ATH so now we should chase s&p and DOW everything should make ATH
Even the dot com companies that went bust.
DAX up 400+ 3 out of 5 days this week because Merkel will spend 150 Bn to fix everything and do not ask if it was that easy why she did not do it before.
We are experiencing the most parabolic rally i have seen in the last 20 year.
Lesson learnt (round 2). Ignore all rules of trading and simply never, ever fight the fed.
This post 2008 game is just silly. It is all about supporting the stock market artificially.
Boeing has added 200 points to the DOW today.
Nasdaq has hit a new record high.
I still have not shorted today, but will now at 3204.6. However running it for 20/30 points will not be the game. Happy to take 7-10 points, just so that I have some bankings.
Plan your trade, trade your plan!
If it is any consolation, this is the biggest rally since 1920.
So had I done this any other time in the last 100 years, I would be profitable here.
Plan your trade, trade your plan!
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