CPI will come in weak...Stock Index will SOAR

[SunTrader]

The Hound of the Baskervilles

When a reliable chart pattern or indicator does not lead to the action you expect and prices move in the opposite direction, this is what Dr Alexander Elder referred to as "The Hound of the Baskervilles" signal.
When a Head & Shoulder pattern gives a strong sell signal but the market refuses to collapse and rallies from the right shoulder, it gives the Hound of the Baskervilles signal. When prices rise above the 'head', it is time to cover shorts, reverse, and go long.... ( page 105, Trading For A Living - Elder)

When it happens. When hasn't happened yet.

 

[SunTrader]

Considering the Chinese government can actively interfere in commodities exchanges, the price cannot be determined by pure market forces of supply and demand anymore so any speculation of how China's policy regarding pandemic measures impacts commodity prices is kinda moot imo.

They can interfere. They can't can't control, at least not much or not for very long. Market forces always take precedent in the end. The biggest fish in the sea, if they get too big, learn that lesson

 

[Rickshaw Man]

Ready set blastoff $$$$$$

 

[Rickshaw Man]

Yes, i was wrong Stocks are soaring.

 

[Rickshaw Man]

You are bullish for a long time and most all positions you hyped are underwater by now. Unless you make predictions a few hours out, you were dead wrong on most all predictions this year.

Hard to argue with facts.

You're an IDIOT, lying piece of shit.

 

[Rickshaw Man]

 

[Rickshaw Man]

It doesn't get any easier than that. If you couldn't figure that out you need to find a new career. Cheers to anyone who believed and made that bet.

 

[Pekelo]

Nice call...

 

[Sekiyo]

Nice call...

Thank you

IMO the risk reward for going long is the best RN
3500 -> 3900 -> 3700
3700 -> 4100 -> ????

3900

View attachment 301115

With a stop below 3914
Target ... +400 pts
4300

5 to 1

 

[M.W.]

When you buy today you will also be underwater in a few weeks/months. Same with all other calls of yours.

But you made a few $ with your gamble today. Congrats.

"can't get any easier". All those fund managers must be idiots who did not bet their lives on your call as you did.

Remind us, how old are you again?

You're an IDIOT, lying piece of shit.