Traders' happy hour?
Started by
steadyquest
, Aug 10 2021 03:50 PM
2 replies to this topic
#2
slupert
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- Traders-Talk User
- 2,802 posts
Member
Posted 10 August 2021 - 05:54 PM
watch the NQ's, id they don't close above 15,133 they 'll take a quick swan dive. Already weak, rates alittle higher, cyclicals looking more appealing. No real bad news yet, they will drop like a rock if taxes teake center stage, remmeber they take it on the chn worse with taxes. (JMHO)
#3
pdx5
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- Traders-Talk User
- 9,527 posts
I want return OF my money more than return ON my money
Posted 10 August 2021 - 08:55 PM
Bubblicious territory usually gets in trouble in Fall season, around October. Your older charts confirms lows around that time.
But this is a different kind of year. The politicians who love to spend money have found good excuse in covid. If the Delta variant gets nasty, lookout for Niagara falls of dollars coming down from the sky.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
