I look at the past to see patterns.. all the major indexes broke trendies, doesn't mean we shoot down.. just might range trade here. No one is willing to buy the garbage. In this climate who will buy NFLX at 105 or greater? With ludicrous policies, even the common investor has wisened up. Many are sitting in cash. There is a sense of unease in whats happening globally.
ES Journal - 2016
- Thread starter Buy1Sell2
- Start date
I look at the past to see patterns.. all the major indexes broke trendies, doesn't mean we shoot down.. just might range trade here. No one is willing to buy the garbage. In this climate who will buy NFLX at 105 or greater? With ludicrous policies, even the common investor has wisened up. Many are sitting in cash. There is a sense of unease in whats happening globally.
If garbage makes a better return than cash, then hell yeah, I'd put money into 'garbage'. BTW NFLX is 97+ bucks now. Overall I agree with bearish analysis, but you posted daily charts and based on those I view them as still rather bullish.
Garbage, is another mans treasure. If there's risk capital than there will be buyers.
nikkei
Hit TP
Balance - 102,000.00
Trade 5 - (June contract)
Short 2020 SL 2050 TP 1990 (working)
market makers in general that provide liquidity, will have exposure on the long side. To make money on that exposure easiest thing is to goose futures up on low volume and unload equity exposure at higher levels. If they have net 50 billion exposure, use 2 billion at night to goose futures up and unload that 50 billion in different share types.
