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waiting for an ST top in Europe


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#1 andr99

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Posted 17 March 2021 - 06:01 AM

end of March and the bus gets to the bus stop......we're waiting exactly for that

 


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#2 andr99

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Posted 17 March 2021 - 06:22 AM

much higher targets to come when the correction that follows the ST top is over.........obviously


forever and only a V-E-N-E-T-K-E-N - langbard


#3 pdx5

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Posted 17 March 2021 - 02:15 PM

What correction? The soothsayer sage Powell cleared off any fears of escalating interest rates through 2023, in his speech today.


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#4 andr99

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Posted 17 March 2021 - 02:18 PM

What correction? The soothsayer sage Powell cleared off any fears of escalating interest rates through 2023, in his speech today.

 

even in a super bullish environment, sometimes stock markets correct, don' t they ? 


forever and only a V-E-N-E-T-K-E-N - langbard


#5 pdx5

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Posted 17 March 2021 - 03:00 PM

Oh yes..stocks will fluctuate in every market. Stocks never move in a straight line.

But a serious correction usually needs serious reasons.

For the next few months I am having difficulty finding the goblins behind the curtain.

Unemployment is falling, corporate earnings are increasing (although valuations are sky high), 

FED chair assured us they will not follow aggressive interest policy through 2023,

and Americans are being carpet bombed with money from B-52 bombers.

My family received $4200 stimulus checks today! That is all discretionary spending money for us.

90 Million Americans are now vaccinated, and covid deaths are dropping.

I think bulls are safe through May at least on Wall Street. But what do I know?

I know nothing about markets in Italy or Germany.


Edited by pdx5, 17 March 2021 - 03:03 PM.

"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#6 andr99

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Posted 17 March 2021 - 03:02 PM

infact....I' m expecting a correction in Europe. If it is dictated by a correction of the American chief or it unfolds even while the chief goes sideways or doesn' t correct at all........we'll see. Besides that, we're talking about probabilities......it's not sure  


Edited by andr99, 17 March 2021 - 03:04 PM.

forever and only a V-E-N-E-T-K-E-N - langbard