Where's the cavalry?
Market's Been Down For 3 Hours...
- Thread starter Scataphagos
- Start date
The thing is, I don't think it's U.S. at all:
we started down at 3am: Germany -- economic concerns==U.S. follows DAX.
But to keep it going? Afghanistan is roiling *for* peace, just as India is roiling *for* war. This leaves a very active Pakistani army well-primed to turn 180° and start marching into Kashmir.
Two NOT-SO-STABLE_NUCLEAR_STATES.
China has its own economic woes to keep them occupied, along with building/defending The Spratley Islands ["cough cough"
}, trying to keep Kim Ill-Son on the leash, and "Hoy!" let's throw in some heavy-handed Hong Kong Gone Wrong into the mix. Can they lend a hand with a Pakistani/India conflict? Hell no! They share enough border to be drawn in! ("Pick a side, please! Pick a side!")
Ugliness abounds, and it's portent to global markets is
and 
and 
.
"Not good."
Tweets could pop us tomorrow; tweets could sink us overnight. I'm a BIG fan of economic/market vol
; I abhor non-market vol.
we started down at 3am: Germany -- economic concerns==U.S. follows DAX.
But to keep it going? Afghanistan is roiling *for* peace, just as India is roiling *for* war. This leaves a very active Pakistani army well-primed to turn 180° and start marching into Kashmir.
Two NOT-SO-STABLE_NUCLEAR_STATES.
China has its own economic woes to keep them occupied, along with building/defending The Spratley Islands ["cough cough"
}, trying to keep Kim Ill-Son on the leash, and "Hoy!" let's throw in some heavy-handed Hong Kong Gone Wrong into the mix. Can they lend a hand with a Pakistani/India conflict? Hell no! They share enough border to be drawn in! ("Pick a side, please! Pick a side!")Ugliness abounds, and it's portent to global markets is
and and ."Not good."
Tweets could pop us tomorrow; tweets could sink us overnight. I'm a BIG fan of economic/market vol
; I abhor non-market vol.
No PPT, has the Fed pulled the rug from under Mnuchin ? Orange is losing his shit on twitter today... He's gonna start getting nightmares and cold sweats soon if SP drops another 5 %
I got whipsawed this morning on NQ. I was short even. But the first few minutes got whipsawed out of my position and got out at a loss. Was so disappointed. With shorts, you gotta pick your spots very carefully given the nasty buy the dip crowd that rips up and tear your shorts apart.
Then late afternoon, I participate in a reversal and went long for 37 pts on NQ! Bam! Got out at the top of that move. Then it moved down hard after that. Whew! With countertrend trades, you gotta be superfast. Can't be holding.
Should have gotten back in for another 30 pts ride up at the last lows. But glad I made back all of my losses in the morning and some on NQ!
I guess I would have made more if I had stayed short and held. but for me, it's hard to hold through 30pts whiplash
Then late afternoon, I participate in a reversal and went long for 37 pts on NQ! Bam! Got out at the top of that move. Then it moved down hard after that. Whew! With countertrend trades, you gotta be superfast. Can't be holding.
Should have gotten back in for another 30 pts ride up at the last lows. But glad I made back all of my losses in the morning and some on NQ!
I guess I would have made more if I had stayed short and held. but for me, it's hard to hold through 30pts whiplash
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No PPT any day concerning equity markets. If someone has evidence otherwise, let's see it. I'm far more interested in real factors like corporate buy backs, mutual fund / etf holdings in the stock market, corporate profits and dividends.