Surf Report

Discussion in 'Journals' started by marketsurfer, Feb 16, 2017.

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  1. Ha Surf. Nice try at conflating the Macron odds with the markets reaction to the outcome which are of course independent.
     
    #2381     May 5, 2017
  2. JSSPMK

    JSSPMK

    Market reaction is a 50/50 outcome always.
     
    #2382     May 5, 2017
  3. truetype

    truetype

    No. You're saying the most likely scenario, a Macron win, is probably bullish. But everyone knows that. The market discounts the likely scenario, with a dash of the unlikely. It's like an FDA drug trial. "I think the stock will go up if the FDA approves the drug." Yes, of course. But the current stock price is a weighted average of approved/not-approved valuations.
     
    #2383     May 5, 2017
    propwarrior likes this.

  4. You do realize that almost every time you post a chart getting all excited over a Dow -25 day the market reverses... why are you not equally disappointed at the +28 day we have now? Real traders don't start popping the champagne because the market made an inch when you have a mile to go.
     
    #2384     May 5, 2017
    propwarrior likes this.
  5. speedo

    speedo

    Real traders also use real money and don't guarantee outcomes.
     
    #2385     May 5, 2017
    propwarrior and NKVI>NH like this.

  6. IMG_0444.JPG
     
    #2386     May 5, 2017
  7. ok then Surf. IF Macron wins what do you think will happen to the Dow?
     
    #2387     May 5, 2017
  8. JSSPMK

    JSSPMK

    Weren't markets expected to tank with Trump victory?
     
    #2388     May 5, 2017
  9. vanzandt

    vanzandt

    Futures will be green Sunday night. Sell-off next week.
     
    #2389     May 5, 2017
    wave likes this.
  10. It should just keep going up, to be honest. It's what the market does! Pull up a daily chart. If brokers didn't let retail people short the market, there'd be lots more people making good money instead of being wiped put.

    We'll see 3k on teh ES soon enough, and that's a promise
     
    #2390     May 5, 2017
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