I think after two consecutive days of increases we're going to see a pull back today. That's what I am counting on, thats what the futures show, and I have reduced my exposure so that I am no longer relying on margin in my account. In fact, I have 33% cash position right now. Canadian numbers today were obviously not appreciated by the market, and my short USDCAD position is getting clobbered.
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Buckle up Guys its starting
- Thread starter propwarrior
- Start date
I think after two consecutive days of increases we're going to see a pull back today. That's what I am counting on, thats what the futures show, and I have reduced my exposure so that I am no longer relying on margin in my account. In fact, I have 33% cash position right now. Canadian numbers today were obviously not appreciated by the market, and my short USDCAD position is getting clobbered.
L
lovethetrade
I think the Fed not increasing the rate changes the sentiment back to bullish. Manufacturing data in Europe beat the estimates so if US manufacturing data is also strong then we are most likely heading back to the high of yesterday.
OK now, I'm all buckled up. Where's the crash? Maybe I'll get to use my seat belt if Trump manages to lie his way into the White House.
No, that would be inconsequential. He is just one of most who have lied their way into leadership roles.
OK now, I'm all buckled up. Where's the crash?
patience. it is coming.
Hope so! I'm ready with dry powder...patience. it is coming.
L
lovethetrade
I think the Fed not increasing the rate changes the sentiment back to bullish. Manufacturing data in Europe beat the estimates so if US manufacturing data is also strong then we are most likely heading back to the high of yesterday.
I got this completely wrong, the market was going to correct anyway.
The correlation between gold and equities has been fully broken this week. Big moves coming. GL
the craziness is starting. be careful out there.
Guys, obviously today we have seen the biggest drop in US equities since Brexit day. The firing gun has sounded. As it sinks in that Trump will walk this election we are going to see a correction. The only thing that will stop it imo will be global coordinated QE. The tide has turned, this is about much more than trump.
They will try and stop him getting in the whitehouse, luckily you have some good people protecting him. expect fireworks. Personally I think Hillary may have to pull out and Obama may try and hold on.
Be careful out there, this time it's real. Minimum 50% off equities, fixed income liquidty problems ahead. Buy physical commodities.
GL
well guys things are heating up since my original post. The 'polls' are putting Clinton in the lead but I think enough people now realise that polls and mainstream news are filled with fiction. The only poll being anywhere close to independent in Rasmussen and that puts them pretty much neck and neck. This is very similar to our very own Brexit situation, the day before the vote I could have secure a 3:1 odds on a leave EU result. None of these so called polls take into account the fact that many people will have a tendency not to admit to their friends, co-workers & family that they are planning on voting Trump. I am still favouring a comfortable win for trump. They tried to pin some ugly stuff on him and i expect they are going to play dirtier as they get more desperate. Have you notice how the establishment are pushing for a phony war with Russia when Trump is saying he will hook up with Putin and work together. As I have said before this is about much more than Trump and that is why we have seen and will continue to see further desperation. This vote has huge consequences not only for America but the rest of the world, particularly the rest of the developed world.
9th Sept was the starting gun everything since then has been consoldition. I am seeing a last run up to 2150 in the S&P in the next 48 hours before the next leg south starts.
Just suppose you were a smart Trillionaire now and you felt there was going to be a big asset price correction. You would simply sell up your assets at good prices and buy back prime assets when everything is in rubble. Maybe you would be rich enough to finance the rebuild.
Very interesting times lay ahead.