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on March 18th I closed my long positions in Europe


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#1 andr99

andr99

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Posted 15 June 2024 - 02:17 PM

here is the link 

 

https://www.traders-...r99#entry907197

 

I was aware it might have been early, but I was in a hurry to take the large profit I was making. Someone asked me why 

 

I was closing my longs if I was bullish with regards to the stock market. I replied that I was bullish in America where I was

 

going to place my next longs, but not so bullish in Europe as I thought we were approaching a red hot zone. At that time

 

I didn't understand however  what the catalyst for a drop might have been. Now I got the answer, the political vote for the 

 

European parliament. This week the stock markets in Europe started to drop vertically, banks in primis, which were the longs 

 

I had in my pockets and which I closed, in order to move my long positions to the American stock market in other sectors which are

 

not the banks. Well, the right wing wave that came out from voters all across Europe and I'm one of them, has given me a double

 

satisfaction. First of all, we are starting to see the leftist majority ruling Europe standing on its knees, which is not just beautiful, but

 

also great. Secondly, my forecast for the stock market in Europe, was correct. A bit early and I knew, but substantially correct. 

 

Good.   


Edited by andr99, 15 June 2024 - 02:21 PM.

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


#2 andr99

andr99

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Posted 16 June 2024 - 10:53 AM

in the meanwhile that I'm in party mode for the leftist defeat in Europe, I'm also happy to watch the American market climb the wall of worries. 


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