OK, what is your take on how much further we are going to pull back?

Discussion in 'Trading' started by Saltynuts, Mar 19, 2018.

  1. rvince99

    rvince99

    Yes, and yesterday's shutdown insanity bill, is still somethign highly, HIGHLY stimulative.
     
    #21     Mar 24, 2018
    tommcginnis likes this.
  2. tommcginnis

    tommcginnis

    "End of story"??? Pfffft! That was a miss. Sheeesh.

    While it's not something foreseeable from a "technical" view, I wonder if this latest Trumpidiotic Crisis is a game-changer -- i.e., if we're not going to see a 2015-ish pause in the climb that's been oh-so-evident from 2012. It would not be a conclusion derivable from the numbers, but from the headlines:
    Trumpidor says, "Steel! Aluminum!"
    Chinese say, "Coal! Finished Products!"
    T-rumT-rumT-rum says, "Intellectual theft!"
    Chinese say, "Soybeans, y'all! And keep your ethanol, too!"

    This could go on a week, or six, or could go through FY2019.
    Dunno! But this new story will be written in Tweaks, and we will Tweak UP with good news, and most certainly Tweak DOWN with bad.
    No graphs will help, and fundamentals will have transient impact at best.
    Best thing?? Wide stops.
     
    Last edited: Mar 24, 2018
    #22     Mar 24, 2018
  3. Hey! Use Logic there!
     
    #23     Mar 24, 2018