I guess El-Erian is reading my posts on here because he is saying the same exact thing I have been talking about for months and months and years and years. . THE FED IS FUC$KING CLUELESS!!!!!!! They are running this world economy into the ground..... http://www.cnbc.com/2016/06/16/fed-...d-overly-data-dependent-mohamed-el-erian.html
18% loss to GREEN profits DRIP trading near $8.00 from $5.85 Sold 1/2 position after the spike to around $7 still holding my remaining shares ....all profits now. Will wait for $8+ if oil breaks $40 DRIP will be trading 30-40% higher from today's levels!!!!
If you are making money on DRIP you are losing on UWTI. You are reminding me a lot of "Karen the Supertrader" on this, reporting only realized gains and carrying unrealized losses on the books.
Looks like a 200 point Dow rally in coming days is a sure bet, big gap up at the Sunday night open. Nive inverted head and shoulder just in time before the vote in UK
Richshaw, even though you're being true to the thread title, you'd get quite a bit less flack around here if you showed up on down days as well.
So back up to Dow 18000 we go, I simply don't buy that the British people want to remain in the EU, just like everything else is more than likely rigged by the central banks.
This guy is calling for Dow 11,500....I think he's right...I give it a 3 -4 year time frame. http://www.cnbc.com/2016/06/22/dow-11500-is-a-matter-of-when-not-if-advisor.html
"Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell." --Sir John Templeton. I don't necessarily think we are going up though, just food for thought!