No more encouraging China tweets from Mnuchin, Kudlow. I remember once a week someone in the current admin would chirp something positive. It was all a ploy.
Today was a bit of an unannounced historic day in the market. We may get a bounce, even a strong bounce from here. Once thing is for certain, unless trade issues are resolved fairly quickly at this point, things are going to get very ugly. What people sometimes forget is cause and ___________ . But it’s nothing than can’t be foreseen with a little visualization skill. By the way, if things continue on their present course, it WILL be profitable to fight the Fed, in my opinion. Big short covering rallies will be great entries for bears. ET has many amazing people here, but overall it is too much of a time sink for me now and my time management discipline unravels more as I spend more time on here. Good trading to all and maybe I’ll check in quarterly if I still remember my login info!
S and P still in decline mode here---and there is no obvious reason to get out of my short position at this time. Tuesdays have a tendency to bounce, but it's not guaranteed. Let's see what tomorrow brings--
I see this type of posting all the time. I am not sure where the mindset comes from, but it is repeated over and over.
Other than yesterday being the low, you mean? We may be at odds with respect to market position at the moment, but you know we're still friends ... just so the negative nancy's don't think I'm trying to troll you or something ... have a good one B1!