I am surprised Trump has started openly Fed bashing again. He clearly feels more confident after the weekends events with Hillary. Notice how he keeps pushing back on the word 'independent'. 1946 guys thats when BOE became independent. 70 years ago. http://www.cnbc.com/2016/09/12/trump-says-fed-chief-yellen-should-be-ashamed.html
Surprisingly boring day today so far. Neither the bears nor the bulls on Elitetrader called Monday correctly. At least, my positions in apple and TQQQ are enjoying a bit of a recovery.
I have such a small position in it ( 50 shares), and a bunch of cash and margin on reserve to deal with a crashing market. I think I'll just hold for now.
Thats cool. Just keep an eye on it though, it could drop fast. No sense in losing money, even if its a little bit. G/L
Actually, the timing of Friday's crash was rather amusing in my case. I had a bunch more cash sitting on the sidelines, and on Thursday, I finally decided to jump into a few ETFs and a couple of stocks, tired of watching it going up while I sat on the sidelines. Murphy's law. Boom! Down she goes. You can sit on the sidelines forever, and never make any money. You can jump in quickly and lose money. There is no perfect solution. However, these are long term investments I am talking about now, so ....
Like clockwork, it happened again. 100% long with a 19000 target today in YM with stops locking in fat profitos.
Eventually, but not yet. You see, the machines are programmed to buy buy buy in an non obvious manner after EVERY sell off. To beat the machines, you need to know the machines. Chido knows the machines.