You predicted trump would move the markets down with his tweet about no stimulus deal till after the election? Wow you are truly a prophet.
Calling for A High on the Russell @1616.60
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See, Jesse Livermore talks about this. It wasn't about the stimulus. Think about how there was so much bad news during the bull market but it was shrugged off. The tweet was just an excuse; its all about the technicals. But now, as it was in the 1920s in his time, or in the 1680's in de la Vega's time, they have noted this phenomenon. Some people will never believe it, others will. That's why I never look at the news and such. I wouldn't have known about it had I not been informed.
Well, he made a fair bit before that.
And it isn't EoM yet.
That said, the current price action as of right now is invalidating my idea- the market did NOT generate a weekly high at 1616.60 and has gone much higher. However, the exit target was hit and I'm not holding a position.
And it isn't EoM yet.
That said, the current price action as of right now is invalidating my idea- the market did NOT generate a weekly high at 1616.60 and has gone much higher. However, the exit target was hit and I'm not holding a position.
I know, I was joking about the eom part.
Also, I posted losses as well in the 'intraday movement prediction 1 week in advance' thread- I meant that the exit target I called before even entering the trade was hit. I also said there that the exit criteria was half on the initial target, then the rest scaled out. The day after, that other half was still in profit. But even if I had closed the other half at the time of that posting, it would still show a profit; see the 3 day chart attached.
I said this because there are many skeptical people (and justifiably so) because of a lot of wild claims and obfuscation. That's why I wanted to be as clear as possible.
