Ughhh Was soo close to buying DXD at $18.85 this morning but thought the market was going to rally strong and erase yesterday's losses so I held back...now trading above $19.10 I bought SDOW instead but just enough shares that if I sell now I'll make enough to buy about 3 large pizzas... Oh well
True ..will see what happens next week....the s$p is sitting on support...need a nice close below 2040 to see start some kind of new downtrend...
Ready for the overnight rally, 2AM CST pop goes the index futures. So easy making free money in the central planned market.
Time can be bought by the rest of the world as the fed "fixes" things in a relative way by causing some inflation expectations, real inflation, commodity rally, weak dollar and lower rates. There is a lot of real fed driven easing/risk on happening with a shift in rate hike expectations. So, is the rally in the yen and euro totally a lack of faith in their respective central bankers or painful yet acceptable collateral damage as Yellin takes the drivers wheel? My point is , once again, that I think "this can be serviced and maintained for this year at least. August was a "new" China problem coming to a head that is now being serviced by the world to maintain things. If it, (new problems) do not crack the system they get on with the work of maintaining "it".