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Tariffs to 25% and Now the Virus !   currents

Started 5/5/19 by Paul (SNOTZALOT); 26787 views.
Msg 65 of 222 to gunterGUNTER 
In reply toRe: msg 64
Paul (SNOTZALOT)

From: Paul (SNOTZALOT)

8/1/19

and here was the result!

 
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Msg 66 of 222 to Paul (SNOTZALOT)SNOTZALOT 
In reply toRe: msg 65
Zo (Arcanumist)

From: Zo (Arcanumist)

8/1/19

In the past, when seeking to change a bad deal to a contract of fair benefeits, every worker has had to tighten their belt (on striking) for a better future for our children.

The tarif wars are no different. Suck it up, tighten our belts, and be steadfast in our resolve. If the world united in fair commerce, and each country accepts its own responsibilities to one another, justice would prevail.

 
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Msg 69 of 222 to gunterGUNTER 
In reply toRe: msg 68
Paul (SNOTZALOT)

From: Paul (SNOTZALOT)

8/5/19

From my HGSI Facebook Group.

So who among you are going to ignore the Hindy warnings next time? Often tossed out as a worthless indicator but once again it has proved valid.

The US Market Summary report gave us a series of 5 bucket drops last week. Ian Woodward reminds us again, Never Ignore a 5 Bucket Drop.

We had numerous Bingo indicators on the indexes, an oversold indicator and we often can get more oversold.
Tweets, tariffs and china devaluation seem to be the culprit. If you have any other suggestions please list them!
This was a day for picking peaches and weeds from the garden and having cash in your account.
Big rally tomorrow? Perhaps but my garden needs weeding.
-------------------------------
Yes I know markets go up and down and your 401K did great last year, this is a different year and take some Tums before you check your 401K this evening.
...[Message truncated]
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Msg 70 of 222
In reply toRe: msg 69
Paul (SNOTZALOT)

From: Paul (SNOTZALOT)

8/6/19

Before the open:

After the drop we saw yesterday a bounce is logical. At 6:55 AM ET it looks like an up open this morning. Futures are rallying on Chinese fixing of the Yuan.
An interesting article to consider, keep in mind it looks at history and history changes at the opening bell.
https://www.ccmmarketmodel.com/short-takes/2019/8/5/a-rare-selloff-on-wall-street
A reminder from Ian Woodward, don't play snakes (chutes) and ladders with your money!

As Fred suggested if you wish to play this, you do it with stops and you watch the screen!

 
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Msg 72 of 222 to Paul (SNOTZALOT)SNOTZALOT 
In reply toRe: msg 71
gunter

From: gunter

8/14/19

down, up, getting sea sick, and now a ominous dive ...

 
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Msg 73 of 222 to Paul (SNOTZALOT)SNOTZALOT 
In reply toRe: msg 72
gunter

From: gunter

1/27/20

and now it's  a virus ...

 
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Msg 74 of 222 to gunterGUNTER 
In reply toRe: msg 73
Paul (SNOTZALOT)

From: Paul (SNOTZALOT)

1/27/20

A good reason for the market makers to lower the bid and collect cheap inventory! This morning it was best to remove stops and go get a cup of coffee and ignore the market!

Looking at the market at 2 PM it has stabilized and a good day to find strong stocks.

 
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