3040-3070, and it might, but I'm geeting a real bad feeling all of a sudden, haven't felt like this in quite awhile. (JMHO)
Sold all positions at 3004, I know I said
Started by
slupert
, Jul 12 2019 08:53 AM
10 replies to this topic
#2
12SPX
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Posted 12 July 2019 - 08:59 AM
Hmmmm, may be right at least for a correction, S&P hitting +20% for the year, quite the move really. Like that your going by feelings to, good traders get it right, bad traders don't, its all about making it little by little!!
#3
redfoliage2
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Posted 12 July 2019 - 09:34 AM
Expect this hype of Fed rate cuts lasts to the end of the month .........
#4
fib_1618
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Posted 12 July 2019 - 10:13 AM
The interest rate sensitive A/D lines have been looking for a 1/4% cut in July and another 1/4 cut in mid September.
Beyond that, there's little to go on at this time.
No matter what happens, or whoever says what, I would bet my money on those who know the game better than any of us put together.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
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#5
12SPX
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Posted 12 July 2019 - 10:31 AM
Its interesting with all the hype that the 10-year bond is backing up, maybe pulling some steam out of it!
#6
fib_1618
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Posted 12 July 2019 - 11:50 AM
Its interesting with all the hype that the 10-year bond is backing up, maybe pulling some steam out of it!
Rear view mirror stuff...we're working on December now.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
#7
12SPX
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Posted 12 July 2019 - 12:20 PM
Its interesting with all the hype that the 10-year bond is backing up, maybe pulling some steam out of it!
Rear view mirror stuff...we're working on December now.
Fib
I'm always thinking for shorter term trades not that far out.
#8
fib_1618
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Posted 12 July 2019 - 12:25 PM
Its interesting with all the hype that the 10-year bond is backing up, maybe pulling some steam out of it!
Rear view mirror stuff...we're working on December now.
Fib
I'm always thinking for shorter term trades not that far out.
That's like you driving to a destination without checking the road conditions first.
Everyone, of every trading time scale, should have a watchful eye on the direction of each asset class in order to know whether a detour is necessary or not.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
#9
da_cheif
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Posted 12 July 2019 - 12:51 PM
3040-3070, and it might, but I'm geeting a real bad feeling all of a sudden, haven't felt like this in quite awhile. (JMHO)
nose bleeds eh
#10
12SPX
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Posted 12 July 2019 - 01:04 PM
Its interesting with all the hype that the 10-year bond is backing up, maybe pulling some steam out of it!
Rear view mirror stuff...we're working on December now.
Fib
I'm always thinking for shorter term trades not that far out.
That's like you driving to a destination without checking the road conditions first.
Everyone, of every trading time scale, should have a watchful eye on the direction of each asset class in order to know whether a detour is necessary or not.
Fib
Always the comments, duh about driving however I've been doing this for over 35 years so I know and play both sides, but since this site is called "traders talk" I think its about trading not buying and holding for months on end.
