That's a valid observation; agreed, buying pressure weaker now. But this is a periodic feature of any extended uptrend: a long way from a topping signal on its own.
Market has topped on 2019/11/07. Get the hell out now.
- Thread starter noddyboy
- Start date
That's a valid observation; agreed, buying pressure weaker now. But this is a periodic feature of any extended uptrend: a long way from a topping signal on its own.
I don't even know how to respond to this.
You know that shit doesn't really work, right? And that it only works when it works? You've been spending too much time around Rickshaw.
Asia has not opened yet, France is on Armistice day for the early morning, and then US is on reduced hours for Vet Day.
As if the equity index futures never went down after-hours before? Geez us!
problem is many people trade based on prediction (or fortune telling).
the right way is to trade based on what the chart is telling us & react to market
anyway those who shorted index futures an hour ago should be earning tons of money.
And I am trying to make the point that there is no such thing as risk $$$ free overnight. It exists in fantasy land.
The overarching point that Noddyboy is making, about a market top? Fool's errand.
Noddy, don't do that.
You don't actually get the earnings yield. You only get the dividend and whatever profit collected when the trade is closed.
If you hold until maturity, you'll get your full principle back plus the 1.8% interest. However, the buying power of the dollars returned might be significantly lower than when the trade was put on. So when considered from that angle, yes there is still a risk of loss. I'm not advocating buying 10 year treasuries at 1.8% yield.