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Explosive move coming, FED pumping $$$ via REPO, why?


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#11 hhh

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Posted 24 October 2019 - 09:52 AM

I know nothing, but I pick up a few points here and there.



#12 dTraderB

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Posted 24 October 2019 - 11:04 AM

With the FED pumping it up and ready to cut rates I have to be bullishly biased.

 

I have learned many harsh lessons from trying to fight the FED and WALL ST during my first decade of trading. Now, I go with the flow....until it turns.



#13 robo

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Posted 24 October 2019 - 12:49 PM

With the FED pumping it up and ready to cut rates I have to be bullishly biased.

 

I have learned many harsh lessons from trying to fight the FED and WALL ST during my first decade of trading. Now, I go with the flow....until it turns.

Yep..... My system remains on a buy ( hold long positions).....

 

I trade what I see happening, not what I think will happen....

 

Day 10 since the buy signal....  another ugly black candle forming, but that doesn't matter since the trend remains up.....

 

  

https://stockcharts....258&a=695223162

 

I would like to see this happen..... Looks good for some swing trading even if just the odds keep increasing.....

 

Trump Impeachment Odds Spike Amid Secretive House Hearings

 

https://www.zerohedg...-house-hearings


Edited by robo, 24 October 2019 - 12:51 PM.

“There is only one side to the stock market; and it is not the bull side or the bear side, but the right side”   Jesse L. Livermore


#14 blustar

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Posted 24 October 2019 - 09:37 PM

I went short late in the day for a swing trade into Friday.  Looking for low to mid 2980's then higher into Tuesday to 3022?


Blessings,

 

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#15 opinionated

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Posted 25 October 2019 - 06:43 AM

Those shorting with QE4 ramping up going into Nov have no memories I guess.  I have next stop 3045-55 then small pullback and 3100 soon after.

 

November will be a rocket ride,  History Does Repeat have no doubt.



#16 hhh

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Posted 25 October 2019 - 06:58 AM

How does overnight repo money loaned and paid back the next day make it into the stock market?



#17 12SPX

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Posted 25 October 2019 - 08:07 AM

I went short late in the day for a swing trade into Friday.  Looking for low to mid 2980's then higher into Tuesday to 3022?

What happened to the -6.8% fall into Nov?



#18 trioderob

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Posted 25 October 2019 - 10:37 AM

 

I went short late in the day for a swing trade into Friday.  Looking for low to mid 2980's then higher into Tuesday to 3022?

What happened to the -6.8% fall into Nov?

 

 

here is how he is playing it per his own blog :

 

"After the expected Oct 9 high, I see low Oct 11-14 (a), high Oct 15 (B), low Oct 17© of A, high Oct 23 B, Low Nov 4 C ….. "



#19 blustar

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Posted 25 October 2019 - 03:09 PM

We are forming a rare Running Correction.  A sharp pull back into early Monday to 2993 expected then higher into Oct 30 to 3058/62 zone next.  Oct 30-Nov 7 looks bearish to me. Could be 7.8%


Blessings,

 

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#20 robo

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Posted 25 October 2019 - 03:17 PM

 

I went short late in the day for a swing trade into Friday.  Looking for low to mid 2980's then higher into Tuesday to 3022?

What happened to the -6.8% fall into Nov?

 

LOL.....  To many buyers Brother.....  


“There is only one side to the stock market; and it is not the bull side or the bear side, but the right side”   Jesse L. Livermore