ES Journal - 2019/2020

Status
Not open for further replies.
themickey said:
I'm strongly of the opinion that's been happening already last couple of weeks and still continues.
It's weird though because the market last couple of days has been strong, not in volume but price.
I'm not buying into this rally, too risky for me until after election outcome.
October's I've experienced major volatility to downside, very difficult to cope with.
More...
Certainly would be a possibility of stock dumping later in the year to avoid higher cap gains and transaction tax. I'm not factoring any of that kind of news though into my decisions as I simply look to market technicals to tell me where we are going. Right now, the market is saying, to me anyway, that we go higher. As always , I protect myself from too much loss. This is the key.
 
Anyhow the point I was attempting to make, I'm currently seeing widespread selling into strength atm on stocks.
For me it's safer to also go to cash atm and sit on sidelines for a while.
Cash is also a trading position.
 
Buy1Sell2 said:
Certainly would be a possibility of stock dumping later in the year to avoid higher cap gains and transaction tax...
More...

This is totally the most paramount decision investors will be making if Biden wins. If he does, I expect a huge sell-off before Jan 1 for that very reason.
 
I'm long into the close. With a tight stop.
The herd is gonna run it.
Might be a nice nice short squeeze if it can get some legs.
One of those 50 point, 3:20PM Spooz specials.

The White House is trying, Dems will have to give a little.
Common sense. A deal will happen.
Trump's done with the steroids, he's back to normal. Trump normal that is.

Anyway, lets watch the show. I got a big bet to the upside here.
 
A lot of you guys aren't looking at this with the proper perspective. now, Sven also is very bearish. He sees what is going on, and insist things should be other than they are.

Price is truth.

upload_2020-10-9_14-26-13.png


There is a reason Warren Buffet is essentially a perma bull.
 
Status
Not open for further replies.
Back
Top