Predicted: -100
Actual: +7
That's quite a margin of error.
Kudos to MMs
- Thread starter nitro
- Start date
Predicted: -100
Actual: +7
That's quite a margin of error.
The market found nothing to pull it higher except $85 billion in stimulus. There was no reason to retain a close above 1700.
Honestly, this market should be at 1550 level. No doubt...the stimulus cash is floating this boat.
I prefer...for now...dip buying gold and silver...selling 30 yr treasuries on rallies. Seems a nice cash cow.
=
Honestly, this market should be at 1550 level. No doubt...the stimulus cash is floating this boat.
I prefer...for now...dip buying gold and silver...selling 30 yr treasuries on rallies. Seems a nice cash cow.
=
It will be spectacular when all of this disfunction comes to a point where there can no longer be any negotiation. There will come a time when the system will implode on its own, incurable because the disease that makes it ill will be beyond fixing. I thought the US could last 500 years. More like 300 if that.
nitro,
what you say is all true to my beliefs and understanding of how finances work; but as a trader i neither err perma bear or perma bull. until the actual end comes it has served me well for over 20 yrs making me a damn fine living. i hope you are finding similar profits despite your strong beliefs put out in this thread.
what you say is all true to my beliefs and understanding of how finances work; but as a trader i neither err perma bear or perma bull. until the actual end comes it has served me well for over 20 yrs making me a damn fine living. i hope you are finding similar profits despite your strong beliefs put out in this thread.
Quote from nitro:
It will be spectacular when all of this disfunction comes to a point where there can no longer be any negotiation. There will come a time when the system will implode on its own, incurable because the disease that makes it ill will be beyond fixing. I thought the US could last 500 years. More like 300 if that.
Only thing imploding is VIX and short positions... Next stop 1790? 1825? Oh, the humanity of it all!
Quote from nitro:
The United States of America in one picture
R U sure? I thought you would say the rider is uncle sam, the horse is others such as the chinese, alwaleed, canada, etc.
It's always nice to be able to differentiate between personal opinions and the technicals of the market.
I recommend it.
Was it not John Maynard Keynes who said, "The market can stay irrational longer than you can stay solvent?"
I recommend it.
Was it not John Maynard Keynes who said, "The market can stay irrational longer than you can stay solvent?"