Iran's Revolutionary Guard Rocket Attack on US Base in Iraq

[Overnight]

or maybe this is just a catalyst for a market that was due to pull back anyway.

It pulled back from Oct 2018 to Dec 24th 2018. It pulled back May 5th 2019 to June 1st or whatever 2019. It pulled back Aug 1st 2019 to whatever Aug 2019. All were 10 percent or greater.

How many pullbacks of 10 percent or greater do we need?

 

[dozu888]

or maybe this is just a catalyst for a market that was due to pull back anyway.

that's legit.

although the parameters I monitor indicate we were not due for a correction yet. but nobody can predict missiles... so by pressing the price down a few % it artificially creates a supply (certain people want to sell now)..

it's ok, will get to new highs in no time.

 

[Overnight]

...

trading is not that complicated guys... on the poker table if you see a guy's bluff you move all in.. it's no different here.

You admitted in another thread that you are a non-trader. ? So what are you on about?

The big boys are talking now. Go away.

 

[Cuddles]

and by the way..

look at the stuff people talk about - back test forward test zero commission best broker landing out shares in IB blah blah

at the end of the day this is a game of chicken, literally.

the way my boys take money out of your pocket is exactly in moments like this, they know what they are doing, you are pissing in the pants.

trading is not that complicated guys... on the poker table if you see a guy's bluff you move all in.. it's no different here.

or all a game of perception. The problem is being of the wrong perception. If my perception is that our leadership is idiotic and not at all ready to handle the debt of warfare, and your perception is we'll see some post wwii economic boom, someone's bound to be more right than the other.

 

[dozu888]

It pulled back from Oct 2018 to Dec 24th 2018. It pulled back May 5th 2019 to June 1st or whatever 2019. It pulled back Aug 1st 2019 to whatever Aug 2019. All were 10 percent or greater.

How many pullbacks of 10 percent or greater do we need?

omg you are also chicken little?

 

[dozu888]

or all a game of perception. The problem is being of the wrong perception. If my perception is that our leadership is idiotic and not at all ready to handle the debt of warfare, and your perception is we'll see some post wwii economic boom, someone's bound to be more right than the other.

right, our leadership is the idiot that has made SP 60% higher since election.... that's why I am saying if you stay on the plantation it will be a forever conflict to make money on the long side... we are mid cycle in once in a lifetime boom... if you don't ride it you will only be able to tell your grandchildren someday - woulda coulda shoulda..

 

[LS1Z28]

https://www.businessinsider.com/her...ock-markets-when-the-world-goes-to-war-2017-8

first of all, what do we have, 1 in 20 chance this actually escalates into a real war?

secondly, if it does, the market typically gets a 10-15% hair cut, followed by ~35% rise 12 months later.

it's always BULLISH, the gov prints more money, get the military industrial machine going in full gear, corporate profits going thru the roof.. not to mention this time if we take over Iran we get all their oil! massive windfall for the US of A!

it's not like we are gonna fight Russia or China... Iran has no nuke, we have zero chance to lose...

it's a locked in bullish case.

if you go to cash you get screwed because the more they print the more they dilute.

I don't see this turning into WW3, but a war with Iran and destabilization in the Middle East is a remote possibility. Could that create enough fear to push us into our next recession?

 

[Cuddles]

right, our leadership is the idiot that has made SP 60% higher since election.... that's why I am saying if you stay on the plantation it will be a forever conflict to make money on the long side... we are mid cycle in once in a lifetime boom... if you don't ride it you will only be able to tell your grandchildren someday - woulda coulda shoulda..

i too could be rich if i printed money

 

[El OchoCinco]

I don't see this turning into WW3, but a war with Iran and destabilization in the Middle East is a remote possibility. Could that create enough fear to push us into our next recession?

War is good for the economy, always was. Got us out of the Great Depression eventually and saved countless economic times.

 

[dozu888]

i too could be rich if i printed money

I didn't print myself either.. that would be illegal, but anybody going all in since the 2016 election would have seen his account balance sky rocketing... it's all about reading the people and the situation... a little bit of lucky didn't hurt either.