As everyone in this thread is asking for ''evidence and reason'' for why you should ONLY BUY the dow at these levels,
unless you dont mind losing your money...
Ive attached a chart to show why..
Im not suggesting that you 'Buy, set target at 10,000+, and then just go on holiday for the next 5years'!
lol
As that would be a very foolish thing to do, since you will miss out on ALOT of very easy money if you did do that.
Instead im advising that if you dont want to lose money, and so only make money from your trades,
ONLY BUY the Dow from now,
but just make sure you have ALOT of intra-day PATIENCE to wait for the big spike down (often over 2 t 3days straight of down days),
and then when you see a revesal formation form (if its been 3days of down move that is about 9% down straight),
So if you buy hard there and just set your target of aboyt 100 t 200points,
its reasonably likely to have that target it within a few minutes,
quite likely that it will be hit hit within a few hours (especially if you buy at the close of the 3rd day whihc is the lowest point, and cash in next day when market opens up 100points),
and EXTREMELY unlikely that your tarbget wont get hit within a few days.
Easy easy money, nearly as easy money now as it was from the time oil went over $138.
Chart-
(red circles around the big steep drops, and then purple circles to show the bounces and sideways chppiness that followed EVERYTIME).
And thats not just what happend in dow, that is what happens in every single market.
I specialise in JUST TRADING REVESALS,
so i do know what im talking about here.
And it is extremely riduclously unlikely that we arent gna ssee some big upmoves over the enxt few days n weeks as the market makes a choppysideways path,
if not actually even starts miving upwards already.
