ES Journal - 2019/2020

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vanzandt said:
Put 35% of your net worth in a China pure play. If it drops another 10%, put in another 25%.
Put the last 40 in on a 15% drop from there.

Then go on vacation and never trade again for 15 years.
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But I don't want to be labeled a commie.
 
FXtrader8911 said:
True, but we are still close to the top so be prudent... start buying when prices get close to the 200-day average, that's still 200 pts away from here. China is not the only (temporary) factor here, after the virus will be the effects of the virus in earning reporting and after that is the election uncertainty.
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Agree.
The thread : ES will tank a 3325
My analysis told me the same thing back in 2019

It’s not virus related even if it doesn’t help.
Guess it’s just a correction that’s it.
 
FXtrader8911 said:
True, but we are still close to the top so be prudent... start buying when prices get close to the 200-day average, that's still 200 pts away from here. China is not the only (temporary) factor here, after the virus will be the effects of the virus in earning reporting and after that is the election uncertainty.
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What are you using for the200 day? If its a composite, you are definitely right. Tbh, I have not looked.
 
vanzandt said:
Put 35% of your net worth in a China pure play. If it drops another 10%, put in another 25%.
Put the last 40 in on a 15% drop from there.

Then go on vacation and never trade again for 15 years.
More...

How about a few of the Chinese pure plays. We can chart them going forward. Perhaps a separate thread.
 
FriskyCat said:
How about a few of the Chinese pure plays. We can chart them going forward. Perhaps a separate thread.
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I knew someone would ask that,and I almost edited the post to put "not baba" in parenthesis.
I don't know right now tbh... we'll find one though. But its not BABA, I do know that. We can find a better one that's not on CNBC daily for the masses.
 
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