Still holding and will add more soon. I have a retirement account that's long long long amd up almost 22% this year so it's all good. Plus I'll add more funds as the markets continue to March higher on nothing but fed help and cheap money. Wont last forever...history will be written after the next great collapse and crisis. Will be great to see it unfold while we are all here on elitetrader.
Market has topped on 2019/11/07. Get the hell out now.
- Thread starter noddyboy
- Start date
Still holding and will add more soon. I have a retirement account that's long long long amd up almost 22% this year so it's all good. Plus I'll add more funds as the markets continue to March higher on nothing but fed help and cheap money. Wont last forever...history will be written after the next great collapse and crisis. Will be great to see it unfold while we are all here on elitetrader.
Hmm, have you missed the memo?
https://www.bloomberg.com/news/arti...ina-trade-deal-could-happen-soon?srnd=premium
This is the time to be cautious, not blindly adding to longs. Until this trade stuff is finalized, you are at non-zero risk.
I have lost a lot of money by blindly taking the long route without realizing the risk this trade war is pushing on this bull market. Because of the trade war, I am having to try to trade with fucking stops. It is hideous, because I KNOW where the market wants to go (up). But in one fell swoop, it can all come crashing down. (Remember last year at this time? Different reasons, but the effect would be the same.)
Use caution, man.
Nice find...
I think hes bluffing but in reality I think he is playing a game. What be wants is negative rates which I believe will be here as soon as the crisis and collapse of the markets come. So what he is going to do is probably create more trade war tension, markets will drop substantially, recession fears kick in. Emergency fed meeting to knock rates down to 1% . He will then complain more about how all the others have negative rates and why cant the US get them...if he gets a second term I can almost guarantee he will get the negative rates he so desperately wants.
I don't believe we've ever had negative rates. And even IF Trump gets re-elected, we won't have them, because at that point nobody will give a shit about what Trump wants. When he gets re-elected is when he will start reversing on all the "good" he has done for the USA. He will have had his 15 minutes of Presidential fame. 8 years of it though. Mreh.
If the USA decides to abolish it's exalted "reserve currency" status, the Fed will move to negative rates. The dollar will blow up within days, Armageddon occurs, and China becomes the worlds financial center.... I'll make a prediction... By 2035, China will overtake NY as the the financial center. It will not be caused by negative rates in the USA.
Didnt they announce a trade settlement a couple of weeks ago...how mush more do they need to squeeze out of this bull market
https://www.cnbc.com/2019/11/12/jer...percent-pop-on-us-china-trade-settlement.html
https://www.cnbc.com/2019/11/12/jer...percent-pop-on-us-china-trade-settlement.html
Nah futures are down. You better get your shorts in soon. You are long and that is wrong.
