DrStool Posted April 28, 2021 Author Report Share Posted April 28, 2021 Although sometimes they're not. That's where trade management comes in. Link to comment Share on other sites More sharing options...
DrStool Posted April 28, 2021 Author Report Share Posted April 28, 2021 Cut your losses. Let your profits run. Link to comment Share on other sites More sharing options...
DrStool Posted April 28, 2021 Author Report Share Posted April 28, 2021 The trend is your friend. Link to comment Share on other sites More sharing options...
DrStool Posted April 28, 2021 Author Report Share Posted April 28, 2021 Don't fight the Fed. Don't fight the tape. Link to comment Share on other sites More sharing options...
DrStool Posted April 28, 2021 Author Report Share Posted April 28, 2021 All of that shit usually works. Link to comment Share on other sites More sharing options...
Mkucstars Posted April 28, 2021 Report Share Posted April 28, 2021 Jerome has met with the homeless many times, and they are us. Yes, he actually said that. What a crock, but what else is new. Link to comment Share on other sites More sharing options...
Mkucstars Posted April 28, 2021 Report Share Posted April 28, 2021 So... Who do you suppose is selling into all this bullish liquidity? It isn't me... Link to comment Share on other sites More sharing options...
Mkucstars Posted April 28, 2021 Report Share Posted April 28, 2021 Record levels of bullishness, both pro and amateur. I'd say all those bulls have already bought. So who will they dump their stonks on? Doesn't take much to drop this sucker Link to comment Share on other sites More sharing options...
DrStool Posted April 28, 2021 Author Report Share Posted April 28, 2021 Endless liquidity. The dealers have more cash every day. Banks, hedge funds. Always more cash. It's obscene. Absolutely obscene. https://liquiditytrader.com/index.php/2021/04/28/markets-awash-in-cash-where-how-and-how-long-revealed/ Link to comment Share on other sites More sharing options...
DrStool Posted April 28, 2021 Author Report Share Posted April 28, 2021 Jaysus says, "Froth." Maestro said, "Irrational exuberance." That was 1996. The market topped out in March 2000. Link to comment Share on other sites More sharing options...
Mkucstars Posted April 28, 2021 Report Share Posted April 28, 2021 And where were rates and Fed balance sheet at then? Not intending to argue, but your dollars are fast becoming worthless. Yes, we will continue to print, but at what cost? Link to comment Share on other sites More sharing options...
Jorma Posted April 28, 2021 Report Share Posted April 28, 2021 There is a lot of other stuff to buy besides stocks. Somebody paid $3mil for a Lebron rookie card. Have you looked at the ag commodities? Link to comment Share on other sites More sharing options...
Mkucstars Posted April 28, 2021 Report Share Posted April 28, 2021 Yes, I have. And they could double again. Then what will we eat? Link to comment Share on other sites More sharing options...
Jorma Posted April 28, 2021 Report Share Posted April 28, 2021 They are going to inflate everything baby. Enough get Elon's disciples to Mars. After that? Got me. Link to comment Share on other sites More sharing options...
Mkucstars Posted April 28, 2021 Report Share Posted April 28, 2021 The things we are all aware of have been priced into the market, thus historic high valuations. How much more, how many more fools can they sell stocks to? I think that's why we are stalling here. I believe we are near the end of the rope. We already have mass euphoria. Just my opinion. Link to comment Share on other sites More sharing options...
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