207 replies to this topic

[Keepingcool]

you and red the main posters of trades which has been fun to follow, and K's narrative always interesting...sometimes busy but entertaining. 

always great to hear others views and how they pan out.

[Keepingcool]

for posting trades actually meant D, sorry red, although interesting to see your prospectives too red.

[steadyquest]

This breakout through the averages is for all the bulls' marbles - it had better stick

 

[K Wave]

bulls so far doing what they need to....

 

Dow under 34300 could be first sign of flinch now...

[K Wave]

Rusty has to break above and close above 1900 before yesterday's attempted breakaway actually means anything for bulls.

[dTraderB]

My FF is BULLISH market after NFM jobs report -- not matter if the actual report is bearish

 

Market is bullish, consolidated and wants to go up

 

Of course, it will drop again, maybe near the close today to start a multi-day drop but there is still bullishness at these levels

 

CHINA cannot continue damaging NET ZERO policy so it is slowly dismantling it  -- very bullish 

[dTraderB]

So, this current & ongoing parabolic rally will not consolidate sideways or slightly down BUT PLUNGE ??

Walter Deemer

 

@WalterDeemer

·

Sep 27

 

"Parabolic advances usually go further than you think, but they do not correct by going sideways." -- Bob Farrell's Rule #4

 

[K Wave]

My FF is BULLISH market after NFM jobs report -- not matter if the actual report is bearish

 

Market is bullish, consolidated and wants to go up

 

Of course, it will drop again, maybe near the close today to start a multi-day drop but there is still bullishness at these levels

 

CHINA cannot continue damaging NET ZERO policy so it is slowly dismantling it  -- very bullish 

See if Hartnett is still on fire...was looking for 4150 before a big plunge...

 

Economy real close to recession here, so could see one last Bad News is Good News rampola before reality sets in.

 

1 Yr rates FINALLY starting to look toppy, and once they roll over, should be close to beginning of "official" recession

Edited by K Wave, 02 December 2022 - 08:09 AM.

[K Wave]

In any event, 34300 area, which was battled around all night, still looks important short term.

[K Wave]

Initial BIG Down....now we see what kind of counter move.

Edited by K Wave, 02 December 2022 - 08:31 AM.