35854 replies to this topic

[Argento]

Great calls A!!

Thanks g

 

Hope you are riding this wave down too!

 

A

[gannet]

Gap should close a bit more but mr market did yesterday what she does best, took out a lot of shorts...should now be ready to resume the move down!

 

Dr copper saying this bull is not lekke!

 

A

 

Great calls A!!

[Argento]

Good call once again Argento....

Thanks RorB

 

A

[Argento]

 ah, thanks Argento,  just read this now:

 

www.investing.com/news/commodities-news/copepr-prices-plunge-in-asia-with-sell-off-above-4-323348

 

A

[OceanWalz]

Gap should close a bit more but mr market did yesterday what she does best, took out a lot of shorts...should now be ready to resume the move down!

 

Dr copper saying this bull is not lekke!

 

A

 ah, thanks Argento,  just read this now:

 

www.investing.com/news/commodities-news/copepr-prices-plunge-in-asia-with-sell-off-above-4-323348

[Argento]

actually am wary I my T40F's Shorts might be whipped by market going UP! 

Gap should close a bit more but mr market did yesterday what she does best, took out a lot of shorts...should now be ready to resume the move down!

 

Dr copper saying this bull is not lekke!

 

A

[REDorBLACK]

actually am wary I my T40F's Shorts might be whipped by market going UP! 

that maybe the case for a day trader....but the bigger picture is still heavily bearish

[OceanWalz]

awfully quiet in here...i suspect some longs were caught with their pants down

actually am wary I my T40F's Shorts might be whipped by market going UP! 

[REDorBLACK]

awfully quiet in here...i suspect some longs were caught with their pants down

[Django]

Lol Red 😂😜 I typed that when S&P was 0.50% green wow.... My words weren't cold. Massive gap down tomorrow and if your long and we somehow cover that gap I'd look to get out, serious pain ahead for longs. Trade safe and be prosperous.

[AJS]

Sums it up...

 

 q1wfdd.jpg.jpg   37.92KB   34 downloads

[AJS]

Good call once again Argento....

 

Indeed good. Experience and loads of chart-studying talking there.

[REDorBLACK]

You don't want to be long trust me...VIX is high so markets are very volatile with big moves and is usually more bearish action than bullish!

 

Watch down below later this week....me thinks US going to sell off tonight!

 

A

 

Good call once again Argento....

[REDorBLACK]

Id be very careful, U.S looking like a bit of a reversal. Will see where they close. VIX near 20 very volatile action on markets big moves up and down. My sentiment is Bearish we can move up but larger move coming down. I'm short and holding. Very interesting 5days ahead.

yeah..id take a quick look at the S&P before deciding

[Django]

Id be very careful, U.S looking like a bit of a reversal. Will see where they close. VIX near 20 very volatile action on markets big moves up and down. My sentiment is Bearish we can move up but larger move coming down. I'm short and holding. Very interesting 5days ahead.

[strydomk]

Yes. IG. Moved up 250 points already.

[REDorBLACK]

Market down 530 points since the close. Seems like a no brainer long. Hope I'm right.

 

IG?

[strydomk]

Market down 530 points since the close. Seems like a no brainer long. Hope I'm right.

[Plasma]

For the Bears out there for Mercenary Trader.

Emerging markets are set to experience severe crisis as a rising dollar effectively imposes severe credit conditions and amplified default risk. Leveraged commodity producers, for example shale producers at the margins with too-high breakeven costs, will start to see their finances implode, effectively insolvent as cash flows fall below the ability to service loans. Whole countries will be in jeopardy. Russia is, in a word, screwed. The fallout goes on and on. Vicious feedback loops will replace previously existing virtuous ones. It is going to be a bloodbath. And there is no way to stop it.


Remember, again, the estimated size of the USD “carry trade” — yield-related investments exposed to rising dollar reversal — is measured in the trillions. There are institutional investors with massive, massive exposure via their overly aggressive allocations to emerging market investments, commodity producer debt, high yielding carry trade currencies like the Australian and Canadian dollars, and so on…


Those inertia-driven institutional investors, giant herding beasts that they are, got themselves heavily over-exposed at the very top of the cycle, just as they always do. Just as always happens in every major market cycle. And now the great unwind is coming. And they will feel it full force, and be forced to withdraw, and their withdrawal will accelerate the pain trade as global conditions tighten further.

Hi P, I agree with your logic and sound reasoning but there's just one small problem.

http://www.zerohedge...ying-sp-futures

Who knows when rationality will overcome fantasy. I am long until the S&P falls out of the long term channel from 2011 and will only believe it when I see it.

Hi D

No credits to me..it is an extract from Mercenary Trader....posted here for reflection...no position toward it.

[Daytrade]

For the Bears out there for Mercenary Trader.
Emerging markets are set to experience severe crisis as a rising dollar effectively imposes severe credit conditions and amplified default risk. Leveraged commodity producers, for example shale producers at the margins with too-high breakeven costs, will start to see their finances implode, effectively insolvent as cash flows fall below the ability to service loans. Whole countries will be in jeopardy. Russia is, in a word, screwed. The fallout goes on and on. Vicious feedback loops will replace previously existing virtuous ones. It is going to be a bloodbath. And there is no way to stop it.

Remember, again, the estimated size of the USD “carry trade” — yield-related investments exposed to rising dollar reversal — is measured in the trillions. There are institutional investors with massive, massive exposure via their overly aggressive allocations to emerging market investments, commodity producer debt, high yielding carry trade currencies like the Australian and Canadian dollars, and so on…

Those inertia-driven institutional investors, giant herding beasts that they are, got themselves heavily over-exposed at the very top of the cycle, just as they always do. Just as always happens in every major market cycle. And now the great unwind is coming. And they will feel it full force, and be forced to withdraw, and their withdrawal will accelerate the pain trade as global conditions tighten further.

 

Hi P, I agree with your logic and sound reasoning but there's just one small problem. 

 

http://www.zerohedge...ying-sp-futures

 

Who knows when rationality will overcome fantasy. I am long until the S&P falls out of the long term channel from 2011 and will only believe it when I see it.