Quote from iceman1:
Oh, so this is trading "psychology". Oh, Ok. Now I get it!
sorry you couldn't even concede any part of my point... read it over again slowly without protecting the caveman, and you will see it is right on target!
well....... we all reap what we sow. SO if ET wants to deteriorate into this kind of stuff.... and call it TRADING discussions, then why even have different forums?
regards,
Just to prove a point. There was news out that a Russian nuke sub was going to explode.. which was absurd.. and all the international markets tanked liked a rock.. take a look at the DAX when that news came out. On a typical day months ago market wouldnt even blink at such stupid news. Neither would it blink at any Israel/Palestinian news.
Point is.. investors are getting scared and are preparing for the worst. The shift right now is away from fundementals and into terror headlines. If you think thats not relevant to trading then u must be kidding.
--MIKE