The last world war involved nukes.
It would take an ‘immaculate conception’ to create bear market in stocks right now: analyst
- Thread starter trader99
- Start date
The last world war involved nukes.
The last world war ended with nukes. Multiple sides using nukes and targetting nuclear power plants can easily destroy most what we take for granted today.
The last world war was not a nuclear war, as Simples has mentioned. A nuclear war would have a vastly different impact on the markets.
A nuclear war is soon coming to CNN.
India fighting with Pakistan and limited/tactical to major scale nuclear escalation taking place.
Be prepared for this in 2018. If China gets involved then chances of WWIII become real.
For the markets there's nothing to prepare. In the event of all-out nuclear war and the savageness that was WWI and WWII, it's just "Game Over", for most human beings, at least the lucky ones. The idea of surviving in shelters was abandoned in the 50-60's when hydrogen bombs became reality. Nuclear triad ensures MAD, any escalation a self-destructive path to irrelevance. As a species, we can easily destroy meaningful survival, even in the best bomb shelters. The challenge now is in preventing our own destruction of environment, stopping genocide and our own demise as a species.
The basic need for survival will entice global cooperation, abundance and prosperity on unprecedented scale.
Last edited:
"immaculate conception" my a@@
your analysis sucks
because TA is not about predicting what's coming it's about determining what is happening now
your analysis sucks
because TA is not about predicting what's coming it's about determining what is happening now
Last edited:
IMO, true and false.
Of course, TA helps to show trends, supports and resistances.
But TA helps too for elaborating scenarios and predicting "credible" targets.
Why? Because history repeats.
For example, DJ Transport today, bear scenario and assuming we will face a correction close to July and February '17.
If you are short Transport, a logical target would be around 9300.
Of course, maybe 9200 or 9400 would be a better target ("a posteriori").
Just an example.
CM
imho u confusing TA with the trading method (that using it)
TA does not have targets (the trader's method may have them), it has support and resistance
TA does not have the way of determining which support or resistance is at play, only the method has to determine that
and every determination by the method is only in the "now"
that "now" is the scale of the chart(s) [5min, 15min, 1 hour] that the trader uses
the only "future" that trader must accept (but unfortunately not to predict) is of the length of the scale of his "now"
so if the decision is made on 5min chart the trader may have to wait the outcome 5min (some call it predicting
)