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Everything posted by fxfox

  1. They are working on getting the NDX green for today 😂
  2. Really seems to be the British English term for „layoffs“. I only know „redundancy“ as an Statistics term.
  3. Apple Key Note was quite disappointing today. Would be good reason to sell. If they don‘t, with real follow thru, would be bullish.
  4. He said yesterday that trees can explode. 😂
  5. Confused Ass sayz: „He who chase yield, get‘s ass burned“.
  6. They need excuses/reasons. Tomorrow is the Apple Special Event. That will be the reason to bomb it higher. As goes Apple so goes the market. Sounds weird, but these are the times we live in.
  7. There are old farts who make women pregnant. I see nothing bearish in todays action. Base building. They gonna bomb it above the EMA200 hourly tomorrow.
  8. Your stuff seems to work quite well, but many other TA things which used to work before 2009 don‘t work anymore. Has to do with those hard and quick momentum crashes. Charts get effed up so to say.
  9. EMA 200 hourly serves as good res so far. Once cleared, kaboom to the upside. Remember: The MBS dough isn‘t always put to work at the first day entirely. This looks more and more like a bottom building process. Somehow the bear narrative seems to be that we already made a major top in go down from September on. Based on EW stuff or wottnot. Thing is: Since 2009 EVERY technical stuff, which is partly from the voodoo department, got killed and doesn‘t really work anymore. We will make a new ATH before the election.
  10. Seems so. Many broken kong term charts in oil sector: Monster rounding top on minthly chart in Exxon. BP and Shell also broken. Those are all „dividend aristocrats“, or should we say: They used to be? Hard to say which impact the Saudi Aramco IPO had for the whole sector. Normally it should have lead to selling of other major oil shares.
  11. Hmmm... complicated. On the one hand looks like quite some damage has been done. On the other hand there is still dough looming which can be used to bomb the market higher. Tricky.
  12. We did buy Soviet oil all thru the Cold War although we in the West knew that we would literally kill them if we wouldnt do so. But we did. Things sometimes seem to be so obvious, but play out differently than very sophisticated and intelligent people thought.
  13. Market will not go down seriously before the election. The Trump side will do EVERYTHING to hold stocks up. They would even murder Powell if needed and replace him with a puppet if necessary. They have the FED and the banks on their side. What also will happen before the election is an engineered monster drop in Gold. 200 points in one single day.
  14. With basically zero interest WORLDWIDE they will bot pay back debt. There is no place to hide. There is no real carry trade like we had in decades before. Every HNWI wealth manager must be in stocks nowadays and the stock exposure has to be much larger then it used to be decades ago. Bears dream about a 2000 to 2003 redux. That will not happen. Not in the near future.
  15. I would NOT be surprised one single iota if they gonna print a bullish hammer on the daily
  16. Problem is that the ultra right wing has much more guns and ammo. The military has to step in at a certain point.
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