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Trump rally turning to Trump crash


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#21 salam

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Posted 05 February 2018 - 06:27 PM

typical!
 
Big move down .....
 
...Im gonna take the rest of the profit and run Closed rest ES 2723. Handsome profit, by simply playing the trend and selling at resistance :)
 
I'm gonna do a Nav and take a break from posting. Need to focus on a few work related projects, and trade the tren now and again



Turned pc off after feeling smug with my ‘large profit for the day’... typical, I only caught a quarter of the move.

Need to work on my trading skills a little more too methinks. Clue was in the Vix breakout and the speed of the reversal. I do hope you folks enjoyed the ride down.. and avoided catching knives.

As always trade safe. Bye all
I'm not sure what my future holds... But I know who holds it.

#22 ryanoo

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Posted 05 February 2018 - 09:47 PM

 

They don't have Janet anymore to ensure that all that private debt is bought by the FED.  Donald has nothing to do with it.   This new guy might just audit the mortgage assets they have bought and find out if all are underwritten properly and not buy any more until fraud in the system of insuring this crap is fixed.  

Donald could have reappointed Yellen but he went with this new guy, so he has everything to do with it. just saying

 

 

 

It’s surely not a good thing that Trump got rid of one of the most distinguished Federal Reserve chairs in history just before markets started to flash some warning signs. Jerome Powell, Janet Yellen’s replacement, seems like a reasonable guy. But we have no idea how well he would handle a crisis if one developed.

 

Meanwhile, the current secretary of the Treasury — who declared of Davos, “I don’t think it’s a hangout for globalists” — may be the least distinguished, least informed individual ever to hold that position.

So are we heading for trouble? Too soon to tell. But if we are, rest assured that we’ll have the worst possible people on the case.

Doesn't sound very reassuring ...



#23 dTraderB

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Posted 06 February 2018 - 06:22 AM

Tweeters Troll Donald Trump Over Massive ‘Trump Dump’ Stock Market Plunge Trump’s boasts are coming back to haunt him.

 

https://www.huffingt...4b00f94fe947188


Edited by dTraderB, 06 February 2018 - 06:23 AM.