Mickey... how you holdin' up down there? I saw you're currency is at an all-time low or something(?). Does that affect food prices, or just useless junk at stores that was made overseas? Is it gonna pinch the economy to the extent that you'll feel it? They were saying something about ya'll were gonna be the first to enter a no-sh*t recession. Hang in there Mick.
Welp falling AU dollar helps our exports and we export heaps of dirt 'cause the one thing we are bloody good at is digging holes, not much good at anything else besides whinging. Food prices seem stable enough, it's toilet rolls which are flying off the shelves. Never mind we have our own pulp & paper mills and make our own dunny paper and every house has a shower, BIG shortage of shit paper. NOT. Incredible! We won't enter a recession, politicians will save us by selling us out to Chinese who will house us comfortably in camps.
the market is changing, there is nothing stable, you just have to be very aware of the changes that are generated in the financial market
this market is always on the move, I think this trade is being manipulated more now with this virus crisis
Where is Truth in the Markets today? the agendas of the operators behind the 8 items that start your post poke, prod, and futz with factors that move markets. markets seek valuations that work better than those did in say in a Soviet Union portrayed in "Investment Biker" where gasoline was what 5cents a gallon but guess what, no gasoline today, you want gas, talk to igor, if he likes you and a pack of smokes, maybe he has some gas at his cousin's garage, what are you gonna pay with mister biker. would you think that markets contain about as much truth as the general population exhibits, which is more than central operators, who arrive in that position many times by less than admirable means nowhere approximating 'truth'. every country on earth has central operators, no? Where is Truth today? round the corner and down the street, wanna see it? lol israel guacamole gonna break it down for us
Key resistance level in S&P is 2650, will start scaling out of SQQQ etc and into TQQQ if we get over it. Typical recent pattern has been early week dcb/short squeeze followed by selling later in week. Keeping close eye on 2650 s/r
%% I don't like tight stops= they tend to be counter productive to me/ with good trenders. BUT cut a loss of about 3% on FAS. [ fas ,faz, erx TEND TO TREND MORE, but I trade them less] + like TQQQ+ SRTY more...……………………………………………………………...