Quote from spanish89:
Ive been backing up and buying up oil and aud/usd over the weekend..
was gan buy the dow but couldnt be bothered to take on that risk and have to dela with all its ranging nonsense.. lol
But as far as fx pairs go you would have to be the biggest fool in the world to still think you can buy up the dollar!!![]()
And for the dow, why all this bearish thinking??
Its just foolish and stupid...
Like people are so so grasped in by their little screens, starring at tick bt tick on the graphs, that they havent got a bloody clue how to actually 'trade'!!
How much further you hope and think the dow will go??
It was at 13,000 14,000 few months ago...,
we now crashed down to nearly half of that barely 8,000, all within just a few months.
And with the dow movng at a few hundred points in 1 of the 2 directions each day how much lower can it go??
have antother drop a few hundred, maybe even a thousand or 2 down to 5000???! LOL![]()
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And then if it does fall that low everyone who trades is suddenlt gna decide to giveup on it for a career, and so there will be no more movment and liquidity, and so itl sit at 5000 for a few weeks t month!![]()
WIth a crash this big there will be even more liqudity than ever as everyone will no be seeing how chea everything is and start buying back.
The wold economy is shit. OK, whats new?? its been liek tis for years and years...
everyone knew that, everyone knew everyone else knew it too... lol
Just no-one cared really. then 1day the scare mungering started mianly cos of oil, and then the more the story and idea snowballed the more the newspapers started having stockmarket as front page.
And so that sparked the whole world into a fear that the world is now over and we gna all be cave men again.,
idiots and gamblers at gambling centres like lehmans finally ranout of goodluck and gambled away all their money, so what??
Yet the papers got the story, and wham this is really gna crash the economy for everyone.......................................................
End result we get th easiest few months ever of selling oil or whatever you trade!!
And ow get so so many easy closest ule get to risk free buying opportunities.
Wow,great observation from somebody who's been trading for 2 months?What a f'n clown.