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Just another blow-off top - SHORT THE SUCKER RALLY (not ST)


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#1 dTraderB

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Posted 04 December 2019 - 06:44 PM

Another "good trade news" rally that should be shorted IT or LT but not ST. 

Another great trading day - enjoy it until the holiday doldrums arrive.

 

Free money, QE, buybacks etc but no market can go on forever rallying on non-fundamentals

 

Short it IT and trade the ST trend up or down

 

Bull markets often end with a euphoric rally called a ‘blow-off top.’ We may have just had one

 

https://www.cnbc.com...st-had-one.html



#2 dTraderB

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Posted 04 December 2019 - 06:46 PM

The repo market is ‘broken’ and Fed injections are not a lasting solution, market pros warn

 

https://www.marketwa...4?mod=home-page



#3 dTraderB

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Posted 04 December 2019 - 06:49 PM

Will be up by 5am to do it all over again, will raise SHORT position back over 90% if market rallies tomorrow near to recent ATH or above it



#4 robo

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Posted 04 December 2019 - 07:34 PM

Will be up by 5am to do it all over again, will raise SHORT position back over 90% if market rallies tomorrow near to recent ATH or above it

Here is what I'm doing.....

 

https://www.tsptalk....9933#post629933

 

Good luck on your trades......


“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


#5 redfoliage2

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Posted Yesterday, 10:12 AM

The bounce looks about finished. Now Time for wave c down to start ........

#6 redfoliage2

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Posted Yesterday, 02:55 PM

But if Spx closes the day above 3120 it means the bounce will continue.....