Crap GDP numbers buy dips

Dollar falling some more. Good news for the big US-based multinationals. Need to worry about USD/JPY and the carry trade issue?
 
What I find bizzare is that the US is the worlds biggest importer of goods yet so many people on here love the falling dollar which brings with it imported inflation. I am missing something
 
Quote from Bogan7:

What I find bizzare is that the US is the worlds biggest importer of goods yet so many people on here love the falling dollar which brings with it imported inflation. I am missing something

yes the market can remain irrational longer than you can remain solvent
 
I find it interesting why we have to label the market irrational or rational. All I know is if I am on the wrong side and trading against the market then I am losing money. How many people were short Nasdaq 1999 and lost their a**?? Only to go long early 2000. Timing is everything and the market will let us know when it changes its mind.
 
Quote from stock_trad3r:

Crap GDP=no interest rate hike

Crap GDP= future recession = guaranteed(by history) stock market correction
markets are irrational, that doesnt mean we shouldn't be buying
 
Quote from makloda:

I find it interesting why we have to label the market irrational or rational. All I know is if I am on the wrong side and trading against the market then I am losing money. How many people were short Nasdaq 1999 and lost their a**?? Only to go long early 2000. Timing is everything and the market will let us know when it changes its mind.

This is priceless. This one paragraph sums up everything that I have learnt. No indicators, no forecasting just understanding what is happening now.
 
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