Tonight's the night.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Earnings start next week. The market is acting like the 3rd quarter might be light, or guiding down for 4th Q. Ive seen three bull markets and two bear markets. I understand this will end at some point. I prefer to take it one day at a time.
Any whiff of lower guidance especially in tech....well its anybody's guess. One thing Ive learned is the central banks pretty much own the markets. The markets are no longer free they are micro managed by the central banks.
Indeed.
Enjoy your posts, btw. Kind of like a wise guy's "street smarts" guide to trading centrally managed markets.
There's no doubt that Rickshaw and others have been very much in tune with the bull market that's been and seem to have utter trust in their 'buy the dip' strategy or 'go long anywhere'.
That said - if you bought the Open and sold the Close, you'd have some really bad days lately except yesterday (and you'd had to take a LOT of heat). And there have been some nasty down turns even in this bull earlier also.
Curious how long this can last...
Currently staying below yesterday's and Friday's close in ETH. Market starting to become weary?
Ok so the overnight ramp was missing last night. The open is still an hour away. Lets see if we can' make it back up to break even.
DEMTDAYBOYZ love green
Yep the overnight losses will be gone by cash open.
