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Posts
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No position atm.
Entry orders
Small long Dow at 23100
Small short Dow at 23900Never give up, never surrender.
6.6 million jobless this week.
But with it they have a new 2.3 trillion programme.
so the market goes up!
Plan your trade, trade your plan!
Where would the markets be if the FED did not provide all this liquidity?
Yeah right free market.
Plan your trade, trade your plan!
As my rough cash template from futures … nearest round numbers
Dow 23200(bears want) … 23500 (middle) … 24800(bulls want)
Never give up, never surrender.
As my rough cash template from futures … nearest round numbers
Dow 23200(bears want) … 23500 (middle) … 24800(bulls want)
oops Dow 23200(bears want) … 23500 (middle) … 23800(bulls want)
Never give up, never surrender.
Absolutely nothing one could have done there. Being long into the numbers would have been too risky (fundamentals wise). If one was short, its gone up 75 ES points in a straight line.
Plan your trade, trade your plan!
For technical reasons I want Dow cash to open
in the range 23900 – 24000Where I will be waiting to short it … gulp !
Never give up, never surrender.
I need to read up about Japan, they were doing QE after QE and their market went from 40000 to 8000. They never recovered.
Plan your trade, trade your plan!
I need to read up about Japan, they were doing QE after QE and their market went from 40000 to 8000. They never recovered.
One problem was the people are great savers for their retirement.
When interest rates went so low, there was no return on savings,
this caused mild panic and these people just saved more and
it throttled the economy.Never give up, never surrender.
SPX approaching my first chart target at 2,810. However this gap up will represent an incomplete pattern. The next target is 2,840 and 2,900 above that.
For technical reasons I want Dow cash to open
in the range 23900 – 24000Where I will be waiting to short it … gulp !
If not at open then very soon afterwards … in this current move up.
Never give up, never surrender.
I need to read up about Japan, they were doing QE after QE and their market went from 40000 to 8000. They never recovered.
One problem was the people are great savers for their retirement. When interest rates went so low, there was no return on savings, this caused mild panic and these people just saved more and it throttled the economy.
Thank you Chris, yes its come back to me now. To be honest the yanks have been great spenders before, but if they have no job, we shall see what spending power they have.
Plan your trade, trade your plan!
Dow not reached my range …. there will be no buyers
here but it may be driven higher if shorts came in
and they are squeezed out.Big round number under shoot then overshoot perhaps
but that would require 24000 plusNever give up, never surrender.
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