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Bubbling - Y2K all over again - More Call Buying near IT TOP


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#11 dTraderB

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Posted 07 November 2019 - 10:32 AM

WHAT?

 

Hu Xijin 胡锡进

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Attitude of the Chinese side is clear that the two sides must simultaneously, proportionally remove the existing additional tariffs in order to reach phase 1deal. This is also a realistic way to de-escalate the trade war. Hope it's also attitude of the US side.

6:24 AM - 7 Nov 2019


#12 dTraderB

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Posted 07 November 2019 - 12:07 PM

SPX jumped 8 points on this, gave back about half

 

 

US Says the phase-one China trade deal would include a rollback in tariffs $SPX -BBG

9:00 AM - 7 Nov 2019

 



#13 dTraderB

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Posted 07 November 2019 - 01:24 PM

Irrational exuberance at its highest today, since the dot com bubble

Market reacting to every tweet about trade talks, a bit erratic

 

Note this advice to bears (the few dozen left, including me) from a super-confident guru of the markets (LOL) :

 

"if you’re bearish just buy weed and smoke it, better alternative to burning your money."



#14 dTraderB

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Posted 07 November 2019 - 02:06 PM

Good for another 5 SPX points after declining from the earlier SPIKE UP on good Trade news

 

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SZ Reporting Comments From EU’s Juncker; Says US Pres. Trump Will Not Impose Tariffs On EU Automobiles

10:57 AM - 7 Nov 2019