Recent AI rally- the Biggest head fake in years ?

Discussion in 'Trading' started by Ultimate, Jun 26, 2023.

  1. Ultimate

    Ultimate

    Todays inflation number will dictate near term action.
     
    Last edited: Jun 30, 2023
    #11     Jun 30, 2023
  2. Ultimate

    Ultimate

    Inflation data came in as expected.
     
    #12     Jun 30, 2023
  3. Overnight

    Overnight

    You're just blathering. I bought some QQQ at 371 at end of Sep, 2021. How come my position is barely at breakeven today if the markets never go down?

    I bought some MNQ 2 weeks ago today. How come today it is still underwater, 2 weeks later if every day is a V?

    Where were you from middle of February to middle of March with this V bullshit? You sound just like Rickshaw and eqtrdr.
     
    #13     Jun 30, 2023
  4. mervyn

    mervyn

    V is possibly from ZT or ZB, but I am sitting out this summer, just few points.
     
    #14     Jul 2, 2023
  5. This has been the market all year. The March "small dip" was laughable. July is just teed up to be another massive gain. If you look at the monthly chart, it's an absolute lock QQQ is testing 400. Wait for the one small red day each week and then buy. Free money.
     
    #15     Jul 4, 2023
  6. Overnight

    Overnight

    Dead give-away.
     
    #16     Jul 4, 2023
  7. mervyn

    mervyn

    no, sitting out this summer on 30% cash, don't trust this rally trade.
     
    #17     Jul 4, 2023
  8. Sekiyo

    Sekiyo

    What about 17-18 or 20-22 ?
    Headfakes ?

    upload_2023-7-5_4-19-55.png
     
    #18     Jul 4, 2023