K447, not waiting for it to blow up, but looking over my shoulder. Got me to be a day trader. On paper all bull markets end but this one has been fueled by so many accounting tricks that it has had a particularly slimy feel to it. GE being the current poster child. My Dad and my brother were really depressed when the dot com bubble popped, I think they thought it would never end. I have tried to learn from their mistake and am working hard at thinking in terms of cycles.
breakout. usually cannot be trusted but maybe bears dare not hold into the weekend this time since so far seems trade war tension is easing.
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Rip roaring close on tap. MOC imbalance 1.7 $billion to buy. Guess somebody wants to be long over the weekend. If Trump cancels tariffs until January they will be big winners!
Trades with cats wrote:Rip roaring close on tap. MOC imbalance 1.7 $billion to buy. Guess somebody wants to be long over the weekend. If Trump cancels tariffs until January they will be big winners!
Trump should be smart enough to know he cannot win the trade war in 2 years.
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well, guess that's it for today. Monday has been generally bear friendly recently and the 1st trading day of Dec, also bear friendly for Nasdaq. thank you guys, I'll see you in another thread soon.
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Cobra wrote:... Monday has been generally bear friendly recently and the 1st trading day of Dec, also bear friendly for Nasdaq. thank you guys, I'll see you in another thread soon.
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Suggestion: This 'next trading day' statistical based forecast might be more usuable if posted earlier in the day.
Since it is not dependant on how the current day's trading works out.