The turning points are there on the calendar and its up to the trader to navigate the direction of the turn. I was poking a harmless jab at blustar because he consistently makes this outlandish market calls and theyre usually counter to NAVs trade and/or positionActually as I understand it, correct me if Im wrong, but I believe those turning points can come at anytime so he might have had the move right just the wrong direction maybe. Who knows, I do agree with Redfoliage that this is going up on fumes and doesn't have the feeling of a healthy move, I'd prefer a -1.5-2% correction here to resolve it which could come as were nicely in that upwardly slanted channel.
Animal spirits die on this board...
Started by
NAV
, Aug 06 2018 01:38 PM
10 replies to this topic
#11
Posted 07 August 2018 - 10:56 AM