- Sees need for more accommodation
- Says unconventional policy has been very helpful
- US growth has been not nearly strong enough
Posted 09 October 2013 - 04:26 PM
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 09 October 2013 - 04:22 PM
Another long added @38158. One more left in the bag...to add if she reaches 37800-ish.
Hey R! Good call there! May the bounce continue into the night! If only the US wants to turn green...
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 09 October 2013 - 04:20 PM
hoping for a nice bounce once US makes some announcement on some agreement or something like that...
looks like a nice reversal candle on 1hr thingy
Edited by Ninja, 09 October 2013 - 04:22 PM.
Posted 09 October 2013 - 04:08 PM
Hey K...I'm not Chubby
(though at certain times, I wish I was
)
Apologies R! and Chubby! I must be getting cross-eyed from staring and wondering too much. Hope Yellen gets appointed and this thing starts to turn.. Although with the support lines broken there may be more downside to come first...
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 09 October 2013 - 04:08 PM
IG CASH
Posted 09 October 2013 - 04:05 PM
ok... now i'm going long into friday
Posted 09 October 2013 - 04:03 PM
You are right, many analysts say Yellen has got the job. Guess Obama realises that after this debt ceiling debate he will need a dove. I just think its a way to calm the markets, so they don't go into free fall. Yellen was probably he's trump card incase markets start showing stress like now.
Markets will hit all time highs when the debt issue is solved. We can expect the bull run to continue for another two years. Yellen will make Bernanke look like a hawk. We need woman to run the world.
I even think Yellen will add QE to 100-150billion.
Yellen will not hesitate to push the Fed on getting more aggressive to address the prodigious output & labor market gaps.
Yellen, Lagarde, Merkel. MargaretThatcher would've been proud for Nkosizana Zuma (African Union) LOL
Ain't that the truth !
Trading by emotion and/or expectation is a pocket emptying certainty.
Posted 09 October 2013 - 04:02 PM
Another long added @38158. One more left in the bag...to add if she reaches 37800-ish.
Below 37000 will probably kill the spirit.
With the weekend coming. And no debt issue resolved. Its going to the wire.
My stop is @37000, 1000 point stop i don't want to miss the rally. If its gets taken out. I will loose nearly 15% of my account. Maybe even more if i start compounding the longs. I just have to risk atleast 25% of my account. This is better than playing the lottery.
The moment they solve the debt issue, markets will fly. With Yellen coming in, no taper until next year. Or maybe never.
This is just the pullback we need before year end rally.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 09 October 2013 - 03:58 PM
Hey K...I'm not Chubby
(though at certain times, I wish I was )
I'm with you Chubby. After sitting on the sidelines watching the action today finally went long @38114.
Posted 09 October 2013 - 03:53 PM
Acording to Reuters, Obama is making the announcement today at 1900GMT, from the WhiteHouse.
Confirmation by the Democratically controlled senate is needed, but that will in all likelyhood be a formality.
You are right, many analysts say Yellen has got the job. Guess Obama realises that after this debt ceiling debate he will need a dove. I just think its a way to calm the markets, so they don't go into free fall. Yellen was probably he's trump card incase markets start showing stress like now.
Markets will hit all time highs when the debt issue is solved. We can expect the bull run to continue for another two years. Yellen will make Bernanke look like a hawk. We need woman to run the world.
I even think Yellen will add QE to 100-150billion.
Yellen will not hesitate to push the Fed on getting more aggressive to address the prodigious output & labor market gaps.
Yellen, Lagarde, Merkel. MargaretThatcher would've been proud for Nkosizana Zuma (African Union) LOL
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 09 October 2013 - 03:50 PM
Another long added @38158. One more left in the bag...to add if she reaches 37800-ish.
I'm with you Chubby. After sitting on the sidelines watching the action today finally went long @38114.
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 09 October 2013 - 03:43 PM
Another long added @38158. One more left in the bag...to add if she reaches 37800-ish.
Posted 09 October 2013 - 03:34 PM
me too
Deleted my order. Us futures not looking to good. Will try another day.
Posted 09 October 2013 - 03:33 PM
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Posted 09 October 2013 - 03:22 PM
Long added @38100 . waiting for IG to bite or not !
Posted 09 October 2013 - 03:02 PM
Closed out, that was a bad decision.
Just too many supports broken. I only have one long open incase we get a rally.
Market is debt ceiling driven now.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 09 October 2013 - 02:57 PM
Ok, closed short and I am long from 38531 for a bounce.
sorry, 38539
Closed out, that was a bad decision.
Alsi future
I only post my views, not advice
Posted 09 October 2013 - 02:51 PM
I will grab a long at 38370..Futures looking up and bottoms looking down
Still long Chubby ?
Trading by emotion and/or expectation is a pocket emptying certainty.
Posted 09 October 2013 - 02:50 PM
For those who use S&P500, DJIA,NASDAQ as a indicator. Please listen to this video.
The guy is very good.
I listen to it everyday. Although sometimes when he calls short trades, i dont take them.
Every morning of the day he makes a video. Just something good to listen to everyday.
http://livewithoscar...DailyVideo.aspx
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 09 October 2013 - 02:42 PM
Some market analysts say he will choose Donald Kohn.
Acording to Reuters, Obama is making the announcement today at 1900GMT, from the WhiteHouse.
Confirmation by the Democratically controlled senate is needed, but that will in all likelyhood be a formality.
Trading by emotion and/or expectation is a pocket emptying certainty.