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Yeah but what's Neil Armstrong backwards? Gnortsmralien

Say whaaaaat?!

Do they really have the buying power? I mean it's not billions. Though I suppose the institutions have to sell to someone

The sentiment is too bullish now. Just waiting for Buffett to buy in again

Because somehow everyone now knows to buy low except Buffett

80% of the writers on ZH are full of shit. Just fear stories to generate ads and revenue. The other 20% is actually decent investigative journalism

In my experience, the gamble comes not from being 'outplayed' in zones but rather making money management mistakes eg You forgot a stop loss once You averaged down You refused to accept the market direction and repeatedly traded against it Etc Any of these can turn bad because of the leverage...

Yes agreed. I was referring to the OP post

That's what they do at support resistance levels, it's why you almost always see a pierce of the lines for stop hunting.

The headlines are turning bullish

It's competitive pricing. If the cost of something goes up due to inflation you can either increase your costs or you can start making parts out of plastic instead of metal and hope your customers don't care or don't notice. Obviously there are limits...a plastic engine isn't much good :)

No but they'll soon rip out 40% of the internal costs :) Look at meat prices

I would say more easy for the large firms. I used to work from home even before the work from home discussion... Of course it's nice to go in and see people but is it possible to wfh permanently? Definitely. Even in the same office, you're on the phone because other people aren't in the same...

Depends on the sector. In IT, everyone can work from home quite easily and across many different countries

230-250 then profit taking

They are sucking in buyers before dropping it soon

I can't see how this can go any higher. Re strategy, can you scale based on winning percent? A manual scale past SR would be good but difficult to backtest

I should have added depends on the country as well. The country I trade in It's mostly 30%

Depends on the stock. IB is mostly 30%

Without a job... So, credit?