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#1 RadioHead

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Posted 01 June 2021 - 04:10 AM

Spooz are up only half a percent so far overnight. I'm buying more at 4218 to add to my position.

 

There are 3 ways we can think about inflation:

 

1. Inflation doesn't exist. That means that deflation is still a major force. Deflation has been the best for S&P in history.

 

2. Inflation is temporary. That means that the FED will continue to print. That is great for S&P.

 

3. Inflation is here to stay. That means that prices of every asset go up. S&P is an asset. That is great for S&P.

 

Pick your reason and buy S&P.

 

Remember: stocks can go down, S&P 500 can not.

 

 



#2 pdx5

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Posted 01 June 2021 - 05:59 AM

SPX went down from 3000 to 2250 in March-April 2020.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#3 fib_1618

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Posted 01 June 2021 - 06:25 AM

SPX went down from 3000 to 2250 in March-April 2020.

 

And global economies were completely shut down because of "political diplomacy" against an unseen foe.

 

Gross exceptions to general rules can never be considered when they're forced upon us by power hungry bullies who use fear as an emotional tool.

 

Fib


Better to ignore me than abhor me.

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"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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#4 RadioHead

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Posted 01 June 2021 - 07:52 AM

SPX went down from 3000 to 2250 in March-April 2020.

 

Who cares what was in the past. You might as well bring up the 70s or other bear markets. It is in the past. We trade the future.



#5 da_cheif

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Posted 01 June 2021 - 08:06 AM

>We trade the future.<     ur absolutely correct.....snort     .....watch the sky    675 ono



#6 pdx5

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Posted 01 June 2021 - 08:08 AM

 

SPX went down from 3000 to 2250 in March-April 2020.

 

And global economies were completely shut down because of "political diplomacy" against an unseen foe.

 

Gross exceptions to general rules can never be considered when they're forced upon us by power hungry bullies who use fear as an emotional tool.

 

Fib

 

As one of the smart trader here, I value your opinions.

So tell me Fib, what stops the political class to foster another fear diplomacy in future?

Now they have actually seen how useful their fear diplomacy was. They will use it again

to stay in power. Most likely in 2024 for sure to scare voters into keeping them in power.

Or at any other time when they can benefit from fear diplomacy.

 

At the current moment, there is plenty of money coming from gov't to keep SPX going higher.

But valuations are in the watch the sky territory. 2021 will be interesting year. 


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

#7 da_cheif

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Posted 01 June 2021 - 08:11 AM

 

 

SPX went down from 3000 to 2250 in March-April 2020.

 

And global economies were completely shut down because of "political diplomacy" against an unseen foe.

 

Gross exceptions to general rules can never be considered when they're forced upon us by power hungry bullies who use fear as an emotional tool.

 

Fib

 

As one of the smart trader here, I value your opinions.

So tell me Fib, what stops the political class to foster another fear diplomacy in future?

Now they have actually seen how useful their fear diplomacy was. They will use it again

to stay in power. Most likely in 2024 for sure to scare voters into keeping them in power.

Or at any other time when they can benefit from fear diplomacy.

 

At the current moment, there is plenty of money coming from gov't to keep SPX going higher.

But valuations are in the watch the sky territory. 2021 will be interesting year. 

 

>At the current moment, there is plenty of money coming from gov't to keep SPX going higher.<   who told u that?



#8 linrom1

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Posted 01 June 2021 - 09:24 AM

Great action today just when everyone started making jokes of "Sell in May and go Away."  Go away forever is very long time?



#9 RadioHead

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Posted 01 June 2021 - 09:59 AM

Great action today just when everyone started making jokes of "Sell in May and go Away."  Go away forever is very long time?

 

Selling will be over around 4190. That is all bears will get. New highs next.



#10 linrom1

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Posted 01 June 2021 - 10:32 AM

 

Great action today just when everyone started making jokes of "Sell in May and go Away."  Go away forever is very long time?

 

Selling will be over around 4190. That is all bears will get. New highs next.

 

The top signal will come same way it always does.: Sigma 4 Days on record volume. The last time we had such a day was June 11 2020. So no signal yet.


Edited by linrom1, 01 June 2021 - 10:35 AM.