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UP ES 4250-4300 then big AUGUSTG REVERSAL


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#31 K Wave

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Posted 02 August 2022 - 02:51 PM

Looking like Bears may have done what they needed to do today to arrest the ramp job. Tomorrow they may finally have a little bit of fun....

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#32 andr99

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Posted 02 August 2022 - 02:54 PM

I am just amazed at ignorance of most of the financial experts. Here is what some experts say that it's no big deal to move manufacturing to other countries outside of China if relations between US and China deteriorate.

 

First it would take decades to train the workforce and then it would cost $20-30trillion to build up the infrastructure. Haha, what bafoons.

 

whatever the cost, moving production outside china must be done, because producing there is like financing your worst economic enemy....and not just economic


Edited by andr99, 02 August 2022 - 02:55 PM.

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


#33 K Wave

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Posted 02 August 2022 - 03:31 PM

On this subject, we wholeheartedly agree!

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#34 linrom1

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Posted 02 August 2022 - 05:20 PM

 

I am just amazed at ignorance of most of the financial experts. Here is what some experts say that it's no big deal to move manufacturing to other countries outside of China if relations between US and China deteriorate.

 

First it would take decades to train the workforce and then it would cost $20-30trillion to build up the infrastructure. Haha, what bafoons.

 

whatever the cost, moving production outside china must be done, because producing there is like financing your worst economic enemy....and not just economic

 

You can't do it. There is inadequate skilled labor force, the millennial wokes can't handle manual labor. When you try to figure out  the additional need for energy with demand for electricity needed for EVs, you should give up even before you would attempt to onshore a single factory. And then the inflation would run amok for next 40 years. There is no other country on earth with build up infrastructure, logistics and low cost of production like China.



#35 andr99

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Posted 03 August 2022 - 02:23 AM

the only thing that is impossible is the one you don' t want to do.....all the rest is possible


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


#36 dTraderB

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Posted 03 August 2022 - 01:04 PM

5 hours sleep since Tuesday 5am ... marathon sessions, great markets especially in normally dull August. 

 

High-risk 7 TESLA PUTS trade was actually positive for a while yesterday but now down on the day, will add more, 1 NQ HEDGE LONG provides partial hedging for this and 9 QQQ PUTS, 6 AMZN PUTS, 8 AAPL PUTS. AMZN & AAPL PUTS opened today, will add more during the rest of this rally

 

Still fairly small NET SHORT position compared with previous months but I am focusing on NQ daytrading, TLT CALLS, and gradually building SHORT position

 

Watching the SEMIS, maybe PUTS on SOXX or on individual companies

 

I think ENERGY stocks are overextended.... will consider SHORTS



#37 dTraderB

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Posted 03 August 2022 - 01:05 PM

I agree ES 4160-80 resistance zone, and then 4220-30 if it gets there

Fantastic follow through as we remain in a buy-all-dips market since June 16th. My 1st target today was 4135 in #ES_F, cleared, and now hitting todays 4160 target #2 Spot to base out/recharge, 4200-4220 is next up. Bulls want to hold 4135-30 now or we revisit 4105 yet again
Quote Tweet
 
 
 
 
 
 
ZVBuToeP_mini.jpg
 
Adam Mancini
 
@AdamMancini4
· 2h
Today's 4135 1st target clipped and this now the *4th* time this week that #ES_F has dipped under 4105 (failed breakdown setup) then surged to 4135. 4 day bull flag, but could fill out more After 4160, 4200-20 target is major res pullback zone. <4100 now we could drop direct twitter.com/AdamMancini4/s…
@AdamMancini4
·
 
Fantastic follow through as we remain in a buy-all-dips market since June 16th. My 1st target today was 4135 in #ES_F, cleared, and now hitting todays 4160 target #2 Spot to base out/recharge, 4200-4220 is next up. Bulls want to hold 4135-30 now or we revisit 4105 yet again
Quote Tweet
 
 
 
 
 
 
ZVBuToeP_mini.jpg
 
Adam Mancini
 
@AdamMancini4
· 2h
Today's 4135 1st target clipped and this now the *4th* time this week that #ES_F has dipped under 4105 (failed breakdown setup) then surged to 4135. 4 day bull flag, but could fill out more After 4160, 4200-20 target is major res pullback zone. <4100 now we could drop direct twitter.com/AdamMancini4/s…


#38 dTraderB

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Posted 03 August 2022 - 01:36 PM

New UVXY CALLS position, down 6% today

actually now 7% 

 

Should reverse split below 10



#39 redfoliage2

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Posted 03 August 2022 - 03:02 PM

Pump to dump is the name of the game ........................



#40 steadyquest

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Posted 03 August 2022 - 05:00 PM

If all are convinced this is a bear market rally then how can that possibly be true?

 

Mega.png

 

Mega2.png

 

https://www.finvids....Wedge-Asc-Desc/