A crash is more likely then new highs!
The market is moving based upon the news and there is more negative then positive that could happen.
1 brexit troubles
2 China deal does not happen
3 us tariffs on European goods and Europe retaliates
4 Trump impeachment gain traction
5 earnings disappoint
6 North Korea, Iran/oil, northern Syria
October is a risky month for stocks...
Crash
Started by
Dex
, Oct 19 2019 06:28 PM
10 replies to this topic
#1
Dex
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Posted 19 October 2019 - 06:28 PM
"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
17_16
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#2
da_cheif
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Posted 19 October 2019 - 07:52 PM
A crash is more likely then new highs!
The market is moving based upon the news and there is more negative then positive that could happen.
1 brexit troubles
2 China deal does not happen
3 us tariffs on European goods and Europe retaliates
4 Trump impeachment gain traction
5 earnings disappoint
6 North Korea, Iran/oil, northern Syria
October is a risky month for stocks...
u gotta bad habit....but thats good for the bulls.......lol
#4
tradesurfer
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Posted 19 October 2019 - 09:51 PM
I have to agree. Next 2 weeks basedon seasonal effect alone should be enough for at least some downside.
Looks like the same setup as the finaly mini rally into October 15th, 1929.
We had a series of indecision dojis in DIA SPY etc and then a bearish engulfing on Friday to set the decline in motion.
The bearish shooting star in the DIA although based on a bad fat finger tick looks extremely bearish to me, one of the most bearish setups going into a forward week that I have ever seen.
#5
pdx5
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I want return OF my money more than return ON my money
Posted 19 October 2019 - 11:09 PM
A crash is more likely then new highs!
The market is moving based upon the news and there is more negative then positive that could happen.
1 brexit troubles--------------------------------------------UK is getting out one way or another
2 China deal does not happen--------------------------It is a trade WAR, only one can win in any war., it will be USA if Trump is president
3 us tariffs on European goods and Europe retaliates-----Only trade DEFICIT countries can retaliate effectively
4 Trump impeachment gain traction-------impeachment is not removal from office, removal needs 67 senators to go along, unlikely! But if Trump is removed, crash possibilities take a giant leap upwards.
5 earnings disappoint--------------------------neutral at this point
6 North Korea, Iran/oil, northern Syria-----they are all hurting economically, economic weaklings are powerless to cause serious problems. At best they can be flash in the pan.
October is a risky month for stocks...........This is the main risk for a downslide
Edited by pdx5, 19 October 2019 - 11:13 PM.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#6
Dex
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Posted 20 October 2019 - 12:13 PM
1.
https://www.google.c...litics-48519746
2.
https://www.dw.com/e...oods/a-50880622
3. China is trying to outwaited Trump. They see that all his new trade deals are being stopped by dems
4
Like Nixon, if the people get behind it, anything can happen.A crash is more likely then new highs!
The market is moving based upon the news and there is more negative then positive that could happen.
1 brexit troubles--------------------------------------------UK is getting out one way or another
2 China deal does not happen--------------------------It is a trade WAR, only one can win in any war., it will be USA if Trump is president
3 us tariffs on European goods and Europe retaliates-----Only trade DEFICIT countries can retaliate effectively
4 Trump impeachment gain traction-------impeachment is not removal from office, removal needs 67 senators to go along, unlikely! But if Trump is removed, crash possibilities take a giant leap upwards.
5 earnings disappoint--------------------------neutral at this point
6 North Korea, Iran/oil, northern Syria-----they are all hurting economically, economic weaklings are powerless to cause serious problems. At best they can be flash in the pan.
October is a risky month for stocks...........This is the main risk for a downslide
"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
17_16
17_16
#7
Dex
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Posted 20 October 2019 - 12:14 PM
On my phone ... Sorry for how the above got posted.
"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
17_16
17_16
#8
Dex
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Posted 20 October 2019 - 12:18 PM
"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
17_16
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#9
pdx5
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I want return OF my money more than return ON my money
Posted 20 October 2019 - 01:44 PM
On my phone ... Sorry for how the above got posted.
Never a problem 
I can read minds haha
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#10
trioderob
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Posted 20 October 2019 - 01:58 PM
if we are going to talk about the funnymentals - this could over ride all the other news and worries
https://www.bloomber...ys?srnd=premium
