the market is like a boxer absorbing blows to the body - it cant handle it untill the acculuation drops him to one knee
TREND is UP - bullish above SPX 2760
#11
Posted 21 June 2018 - 02:37 PM
#12
Posted 21 June 2018 - 03:02 PM
Today's close is bearish.
But, this has been a very choppy and indecisive market.
#13
Posted 21 June 2018 - 03:24 PM
Trimmed my FULLY SHORT positions to PARTLY SHORT
#14
Posted 21 June 2018 - 11:58 PM
#15
Posted 22 June 2018 - 06:10 AM
Sure its up as long as the FED is still buying this crap.
https://www.newyorkf...lastTwenty.html
This was supposed to have occurred long enough to get through the financial crisis. The crisis is over and they need to hand all of these securities back to Goldman - at a price. Problem is - they can't do it without creating another financial crisis. The FED should NEVER have been allowed to purchase private debt. Just another scam waiting to implode and the FED will be out of ammunition. The market values no longer reflect anything in the real economy.