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a mere 3.3% up and spx and dax done


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#1 andr99

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Posted 19 May 2020 - 11:53 AM

imo


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#2 pdx5

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Posted 19 May 2020 - 10:15 PM

Sorry to bring you bad news, but futures look positive this evening.


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#3 Dex

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Posted 19 May 2020 - 11:14 PM

Sorry to bring you bad news, but futures look positive this evening.

 

same as last evening.


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#4 andr99

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Posted 20 May 2020 - 12:57 AM

.....futures positive, infact I said 3.3% UP..........dax 11500 is my final target for the dax which currently moves hand in hand with the spx. When the dax gets there and the spx touches the 200 sma, things should be done  


Edited by andr99, 20 May 2020 - 01:03 AM.

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#5 andr99

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Posted 20 May 2020 - 01:30 AM

https://i.postimg.cc...daxneckline.png

 

 

spx 3000-3030 dax 11500 

 

 

I' ve been having that dax projection since a month ago and more.....although there was no warranty and 11000-11200 might have been a wall


Edited by andr99, 20 May 2020 - 01:39 AM.

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#6 andr99

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Posted 20 May 2020 - 01:52 AM

in june we should start to descend


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#7 andr99

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Posted 20 May 2020 - 02:34 AM

https://i.postimg.cc...g/dax1100ag.png

 

 

my first made projection which told me the descent would have started from 11000-11200........which one projection will be true ? time will tell


Edited by andr99, 20 May 2020 - 02:37 AM.

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#8 andr99

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Posted 20 May 2020 - 02:52 AM

do you know why trading here is a lot easier than trading USA ? because here there's no one pumping artificially the stock market, creating bubbles after bubbles and bubbles and bubbles again. The same that prints, prints and prints again. The same that thinks that toilet paper made money is worth like normal money if no one realize that it's just made of toilet paper. I have great consideration for USA, but very little for its financial system which needs a wash or a shower I think


Edited by andr99, 20 May 2020 - 02:58 AM.

forever and only a V-E-N-E-T-K-E-N.....though partly langbardic


#9 andr99

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Posted 20 May 2020 - 04:21 AM

a last consideration....the fed currently reminds me of the french when they were defending the line maginot........germans passed trough ardennes. whatever they're doing is useless....they can pump anything they want, it will just prove to be more failing than doing nothing because they're adding damage to damage. A free market finds by itself the lows from which to restart to grow and that growth is healthy, not based on toilet paper. A healthy real growth is needed for the whole world, not an artificial fake one.       


Edited by andr99, 20 May 2020 - 04:23 AM.

forever and only a V-E-N-E-T-K-E-N.....though partly langbardic


#10 andr99

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Posted 20 May 2020 - 04:44 AM

explained in simple words.........you print money which eventually becomes worthless because the more you print, the less it is worth. given that money must end up somewhere, it ends up in the stock market, every bulls@it of stock share and all the rest gets to the levels of the pre-crisis bubble. OK good, so now you have the same stocks you had before, but with an industrial production that has fallen 30% or 50%. those stocks' revenues will be 50% less on average and their p/e will double. Is that healthy ? Sooner or later the stock market and real economy will have to meet again and then another dramatic drop will occurr. Who takes advantage from all of that ? BIG QUESTION.............I have my answer, that I keep mine.       


Edited by andr99, 20 May 2020 - 04:47 AM.

forever and only a V-E-N-E-T-K-E-N.....though partly langbardic