That past two weeks surely didn't look pretty. On one hand, the Fed insisted its pressure on further rate hiking to confront inflation. On the other hand, foreign currencies and crude oil refused to retreat. The choices are pretty limited for everyone alike, both investors and traders. So the open question is where the money should go? Inflation up Rate hike Equity decline Bond decline Where should the money go? How about interest and dividend?
I am not going to talk about the cancellation made earlier. I know it's pretty disappointing. But it is not a problem especially not my problem. What had happened happened. So let's move on. NASDAQ 2K support will hold. Good luck.
### Re reuse Our community doesnt recycle this kind of paper; like to reuse business envelopes, like a free post it note.
qdz3se, i find your thoughts very interesting. think conventionally and traditionally to get conventional and traditional results. think differently and get... Can i ask if you have any serious compass where you're headed? JJ
I will address the questions to me later. Now let us ask ourselves the following questions. How are the basic practices that professional altheletes repeat almost everyday in a season? How about us the traders? How long since our last practice on trading? Now there is a clue for this question. Why would we expect favourable results based on such degree of practice?
yes practice doesn't make perfect.... *perfect* practice makes perfect it's possible to practice casually, and solidify a casual action&result into habit However, if we want a growing/improving result, we need to practice the same way. How many times did we fall down while learning to walk? ... ride a bike?... what would make trading any different, aside from it being even more complex and requiring more understanding? if you would prefer me to leave the thread to you alone, please mention it. I do appreciate your style of thinking and would enjoy posting similar style thoughts occassionally if it fits in with your goal for your thread Jon
Shoo Shoo bears! It is not a comfortable time to be bearish. No inflation. CPI came mostly in tame. It is not difficult for Fed to add fuel to the economy when needed.
CPI is lagging indicator and much less weight than PPI, IMHO. If we see another 0.8% or so next month, run for the exits.