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"A gift for the bears"

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#11 pedro



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Posted 16 March 2019 - 01:38 PM

"If China makes a deal to buy more American products, that automatically reduces their manufacturing volume."


There should be no shortage of viable options here.

Pollution control equipment, foodstuffs, and royalties for IP use to name a few.


Asians would also be the market for PNW lumber, but last I read western lumber mills were averse to cutting in metric sizes.

#12 SemiBizz


    Volume Dynamics Specialist

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Posted 16 March 2019 - 02:44 PM

Actually there was a great clue we would have a blowoff on Friday...


Nasdaq Composite Narrowest Daily Range in a year...


NR7 signals.. multiple.


That last hour was UGLY though...


It was Rebalance Day at NYSE and other indices...

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.