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fxfox

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Posts posted by fxfox

  1. 30 minutes ago, DrStool said:

    But when you zoom in to hourly or shorter, it's whippy. 

     

     

    That's why you have to zoom out.

    Just stick to that what you said as one of the first back in March: That the probability that we get some kind of inflation above the norm (I want to avoid the term "hyperinflation" here since it is historically overloaded with reminders about German multi 1000% inflation figures in the 1920s) is quite here and that it will show up in stock prices.

  2. 6 hours ago, DrStool said:

    The monthly oscillators say that the euro will break out within a few months. The target would then be 1.25, and if they get through that, then 1.45.  

    tvc_7dac21b31ee6056670a147992e8667aa.png

    Good to get confirmation from your stuff. I share that view. Given that MASSIVE congestion area around 1.25 I am quite sure that EUR/USD will virtually explode to the upside once that level is cleared. That 1.25 is like a watershed.

  3. 35 minutes ago, PullMyFinger said:

    I don't know what it is about trading vs. predicting, but about 10 years ago, a friend of mine who was an excellent day trader started a stock market prediction service. Hired a publicist to make TV and radio appearances because she wanted to be a media star. She lost her ability to trade and abandoned the site after about a year. She is still frequently on Crapvision, Fox Business, Cheddar Business and such, touting herself as an "economist" and back to making macro predictions--I bet she still doesn't trade. I thought maybe it was the difference between making short term trades vs. trying to cater to subscribers that don't watch the markets all day, but whatever it was, her ability to trade vanished. Kinda like in the movie Tin Cup where Kevin Costner's character gets the shanks right before the U.S. Open. 

    Linda Bradford Raschke? 🧐😇😂

    Your friend obviously lost her touch, she lost „the flow“, her „trading brain“ so to say is damaged by external interference.

    To „only“ make predictions is like paper trading. I have much respect for the hard work of some market forcasters, but trading your account, where you not only gave gambling money, but most of your net worth, is the real arbiter. THEN you really get to know what the market is, how he effs everyone, how your freak out cause you can‘t accept certain moves... euphoria, depression, regret, manic depression... all within one single week. That‘s the market. 
    See, the other day I saw an interview with Ray Dalio. It was 8 long. He basically said: Nothing. 8 mins, it was bla bla, fugazi.

     

  4. 5 minutes ago, DrStool said:

    No comparison. Biden's lead is outside the margin of error, much larger than Hillary's. Biden doesn't engender the hatred and mistrust Hillary does. Hillary didn't have a Lincoln Project and RVAT, etc. This is a huge wave. 

    If the vote is counted, Biden will win in a landslide. Trump's base is down to the last few inbred hill people and bluebloods, who are rich, but incredibly stupid and racist.     

     

    That‘s correct, but I have the feeling, that Biden will not win on own strenght, but only the majority doesn‘t want Trump anymore. Hopefully that will last into the election, but I have doubts. These days the tide can turn quite quickly.

    Four more years and Trump will destroy the whole world order. 

  5. Just now, DrStool said:

    Biden is way ahead. He's the right pick for the times and it's no accident that he has a huge lead in all polls, including miraculously in R leaning battleground states.  

    But it's irrelevant because Trump is pulling out all the stops to steal the election. 

    Bills wife was also way ahead. That doesn‘t count much these days anymore.

    Trumps mobsters will pump stocks and that‘s why he will win. Aming other reasons like gerrymendering and such.

     

  6. 1 hour ago, DrStool said:

    I've been ruminating about that for the past couple of months as they built that up. It's the $64 question. What will they do with it? 

    They answered for a big chunk of it on Tuesday, and I walked through a little of that in the report as well. 

    What they gonna do with it??? They gonna make Trump win the election, that‘s what they gonna do with it. If the markets are up into the election he will win.

    How can the Denocrats be so insane and nominate Biden??? I mean that even looks like as if the criteria was „ok fellow Democrats, who is our weakest guy?“ I mean sorry, but Biden is even weaker than Carter and that‘s really hard to achieve.

    If you wanna defeat Trump you can‘t send Biden into the battle.

  7. 5 minutes ago, jp6 said:

    OMG.

    You are making me worried. Then again Gold Forum is dead. Only Gold Bull in Bearish Forum

    In my view, Gold is not a part of the portfolios of most people. Imagine what happens if there will be a mental shift and most start to add Gold so that they have at least a 5 or 10% exposure to Gold in their portfolio.

    we may have also the wrong reference: we look at 2000 and say „oh Gold was at 280 then now it is 2000, so it already went up quite a lot“. Let‘s assume that POG in the year was just idiotically low, it almost wasn‘t there as an asset class anymore, NO ONE had Gold. If I remember correctly the POG didn‘t even appear on many tickers in the media. So let‘s say 1000 is a realistic starting point. Then it just did double in price. Is that a lot in a time where CB‘s print like madman, where we have a pandemic, which doesn‘t seem to end and so forth?

    If I‘d be long Gold I never ever would it sell here for a trade. Just let it ride and see what happens.

  8. 44 minutes ago, SiP said:

    What gold is doing and silver, its just amazing. Completely overbought, and it keep moving higher!  

    Buying panic and a sign that there are big players who buy hand over fist at any cost.

    There were 2 psycho barriers, the 2011 ATH and big psycho number 2000. Both broken. So that‘s a complete sentiment switch. Even those who hate Gold gonna buy some now. Don‘t forget: The media hasn‘t really discovered it yet. Gold didnt really get hyped yet. IF it is gonna hyped like Nasdaq stocks - which is not completely unlikely - it will hit 5000 by Christmas.

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