Trump just destroyed any hope of a trade deal. Bears, get ready.

dozu888 said:
Overnight is a cool dude.... but he needs to get out of TDS lol... and I've already explained why TDS is so bad for trading.
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When you base your trading decisions on your hatred of President Donald Trump, you have injected petty politics in your trading. The stockmarket does not care! Fools will find their monies gone faster and still wondering what happened until, their next vile, rants against President Donald Trump. When he leaves the US Presidency, whether that be in 2020 or 2024, he will still be a billionaire. You would have lost probably, all your monies by that time! Hey, you got to hate Trump right? Till your eyes about to pop out of their sockets? That should be worth something. So, keep on hating! I have yet, to see trolls make any monies and I have been to a lot of financial message boards. Maybe, you will be the first one!
 
Overnight said:
The shitty thing about this is, I KNOW exactly what would have happened on Sunday night. Investors everywhere would have been ruminating on this over the weekend, and started to feel really really positive about the Lighthizer meetings.

The markets would have gone up over Sunday night.

Now that Trump just spewed this dribble? The markets are going to tank HARD on the Sunday open. And, they may continue tanking right through the Fed decision, because Trade is the heaviest weighting on the markets right now. So I have no choice but to dump my long, just like on Mar 5th.

The Fed has just taken a back seat.
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Currently YM is up +.36%
 
KeLo said:
Currently YM is up +.36%
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The thing that people like you and @LacesOut do not realize is that I use this tactic of mentally pushing my trade into more and more negative territory by cursing and ranting at it, with the idea that I will anti-jinx myself and the trade will eventually work. It's a quirky thing I have and do, and it had been working lately.
 
Overnight said:
The thing that people like you and @LacesOut do not realize is that I use this tactic of mentally pushing my trade into more and more negative territory by cursing and ranting at it, with the idea that I will anti-jinx myself and the trade will eventually work. It's a quirky thing I have and do, and it had been working lately.
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OK
 
KeLo said:
OK
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What I mean is, it works for me, to appease my head. It would not work for anyone else. Pity the folks who choose to ignore me because they cannot stand thought outside their own frame of reference.
 
Overnight said:
And I didn't dump it. And what I forsaw has come to pass. I got the timing wrong, but throw enough darts at the dartboard and yer bound to hit a high-score.
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I believe the sell-off today was due to Fed Chair Powell's comments at his press conference.
 
Now today's sell-off can be blamed on tariffs. That was one hell of an intraday reversal. A great day to trade.
 
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