If you mean Dec (last month) of last year.
We are now in multi-months of hyperinflation and Russian Saber-rattling.
Anyway I agree with you and all those saying wait till the market shows downtrend is over. But with PA not silly MA's and such. :)
So sumtim only works if you make billions, huh?
Note I don't use H&S patterns or flags/pennants/wedges/triangles/cup&handle yada yada. But plenty do so there must be sumtim there.
Another thing to consider, while others rambling on - about a week, month, year long haul (without OPoster defining their OPost ... yet) - $SOX had biggest drop today points/percentage-wise of whole move down. Maybe it is the end for now - shack out weak hands. Maybe it isn't.
Republican Party 2022 - let's who can get the furthest up tRump's rectum.
Hey it helps avoid reality. Don't knock it till you try (ask Lindsey Graham, Ted Cruz etc) but bring plenty of TP.
But we are not mind readers. Helps to be more specific. Also as to what is your aim even posting this. Affirmation - attaboy? Encourage others to piggyback?
I notice no mention of a stop. Maybe (?) because it is a uhhh long time hold. Go way to lock yourself into being hamstrung. If support on chart breaks (high volume wide range breakout bar leading to ATH) likely it will run ... downhill and then some. Time will tell.
Interest rates are always a big factor with currencies (and everything else for that matter) and Bund was close to parity, backed off, made a 2nd attempt which so far has failed. While the Gilt has been even "stronger" relatively speaking
.
Welp at least there is no Fed meeting in Feb for Elite traders to expose their lack of knowledge/experience while pontificating Powell this and that. :rolleyes:
"Timing is everything."
They have been getting it for decades across 1000's of screens.
Someone sure must think it is worth it, otherwise Mr B would never have made billionaire status.
Speaking of Romper Room you do know the markets expectation today is for ... no change? Just jawboning about what might be coming in March and down the line.
We will know in a few hours in any case - and how the markets will interpret it. Best to wait before sticking foot in mouth yet again.