Out for a 7 point profit, sell higher again if we hit it otherwise could just take the rest of the day off lol!!
BULLS Surge after defending ES 3700 - but CHINA dragging markets
Started by
dTraderB
, Nov 06 2022 05:40 PM
247 replies to this topic
#182
linrom1
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Posted 10 November 2022 - 01:10 PM
Shorting GS becasue financials always outperform during recession?
#183
12SPX
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Posted 10 November 2022 - 01:15 PM
Getting exciting, starting a short build at 3920...
#184
12SPX
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Posted 10 November 2022 - 01:25 PM
profit stop 3919
#185
12SPX
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Posted 10 November 2022 - 01:30 PM
Out for 1 point, starting a new short build at 3920...
#186
12SPX
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Posted 10 November 2022 - 01:50 PM
Average short 3925...
#187
redfoliage2
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Posted 10 November 2022 - 01:59 PM
The market is overacting to the CPI. 7.7% inflation rate is still too high when compared to the Fed's plan to bring the inflation rate down to 2%. I doubt this CPI has any effect on the Fed's plan fighting the inflation .........................
Edited by redfoliage2, 10 November 2022 - 02:02 PM.
#188
linrom1
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Posted 10 November 2022 - 02:11 PM
The market is overacting to the CPI. 7.7% inflation rate is still too high when compared to the Fed's plan to bring the inflation rate down to 2%. I doubt this CPI has any effect on the Fed's plan fighting the inflation .........................
It's just racketeering becasue they can.
#189
12SPX
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Posted 10 November 2022 - 02:26 PM
Has nothing to do with that, its all about psychology and the shift in it. You need to be ahead of every shift, I learned that after the 1987 market crash. Its not surprising at all there was this much of an effect from an okay report.
#190
redfoliage2
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Posted 10 November 2022 - 02:29 PM
The market is overacting to the CPI. 7.7% inflation rate is still too high when compared to the Fed's plan to bring the inflation rate down to 2%. I doubt this CPI has any effect on the Fed's plan fighting the inflation .........................
It's just racketeering becasue they can.
I believe in a bear market what's up will be down later ...................
Edited by redfoliage2, 10 November 2022 - 02:33 PM.
