fxfox Posted February 7 Report Share Posted February 7 NDX completely reversed 😂 But hey, it is a nice conversation, watching it at Bumbsberg while having tick charts on. Fun. 😂 1 Link to comment Share on other sites More sharing options...
DrStool Posted February 7 Author Report Share Posted February 7 The market does not have a mind. Link to comment Share on other sites More sharing options...
fxfox Posted February 7 Report Share Posted February 7 If we close below 4100 baby bulls will run for the exit, but doors will be closed from the outside… Link to comment Share on other sites More sharing options...
DrStool Posted February 7 Author Report Share Posted February 7 Vicious. Link to comment Share on other sites More sharing options...
DrStool Posted February 7 Author Report Share Posted February 7 Was there some news? Link to comment Share on other sites More sharing options...
WTF Posted February 7 Report Share Posted February 7 Traders must have ran out of cash... Link to comment Share on other sites More sharing options...
fxfox Posted February 7 Report Share Posted February 7 Now the pro‘s shot them dead, one after the other…  1 Link to comment Share on other sites More sharing options...
DrStool Posted February 7 Author Report Share Posted February 7 If this low holds, gonna be very bullish. Link to comment Share on other sites More sharing options...
DrStool Posted February 7 Author Report Share Posted February 7 3 minutes ago, WTF said: Traders must have ran out of cash... 😄😄😄 Link to comment Share on other sites More sharing options...
MisFit Kid Posted February 7 Report Share Posted February 7 that is some 30 minute symmetry.......so much for the "Purple Tie" indicator...... Link to comment Share on other sites More sharing options...
potatohead Posted February 7 Report Share Posted February 7 POWELL: IF DEBT CEILING ISNT RAISED NO ONE SHOULD THINK FED CAN SHIELD ECONOMY FROM EFFECTS FED'S POWELL: IT WILL BE A COUPLE OF YEARS BEFORE THE FED'S BALANCE-SHEET DECLINE COMES TO AN END. Is he saying that the debt ceiling not being raised is bad and that the Fed will not do QE in the event of bad economy? 1 Link to comment Share on other sites More sharing options...
DrStool Posted February 7 Author Report Share Posted February 7 Just now, DrStool said: 😄😄😄 It's all about whether they want to lay on more leverage, or lay it off, and in what direction. Successful day traders trade the technicals, not the newsnoise. They might fade the news, if they can interpret it well enough, in the context of what the TA tells them about the trend. Which remains up, unless this breaks down here. Which, so far, it has not. Link to comment Share on other sites More sharing options...
SiP Posted February 7 Report Share Posted February 7 Powell, paraphrased: Despite many people believing (or hoping) the Fed's recent inflation projections were too high because inflation would come down faster, the Fed didn't see it that way and, given last week's job report, still doesn't. Link to comment Share on other sites More sharing options...
DrStool Posted February 7 Author Report Share Posted February 7 3 minutes ago, potatohead said: POWELL: IF DEBT CEILING ISNT RAISED NO ONE SHOULD THINK FED CAN SHIELD ECONOMY FROM EFFECTS FED'S POWELL: IT WILL BE A COUPLE OF YEARS BEFORE THE FED'S BALANCE-SHEET DECLINE COMES TO AN END. Is he saying that the debt ceiling not being raised is bad and that the Fed will not do QE in the event of bad economy? He says a lot of things, then does what the market eventually makes him do. 1 Link to comment Share on other sites More sharing options...
SiP Posted February 7 Report Share Posted February 7 spx Link to comment Share on other sites More sharing options...
Recommended Posts