I swear that most traders need to have A.D.D medication reading the calls of a major market collapse 1 day next day spec rally into 2019 …. Seriously if you understand the simple things in life you know your life is not based around 1 day its about your life time.... Everyone getting excited over futures as well and the movements well they mean crap always have just a couple kids flipping tuckshop money ….
Stock market collapse don't happen when every 1 is in fear mood (they happen when euphoria is present) What we are seeing is a current rebalance of a giraffe (dow jones) which has been stretched for some time.... Sad thing is the ASX has basically gone no where in how many years and it still acts like a donkey....
Just let the market do what it needs to don't go in buying cause the market rallies or because it tanks wait on a clear signal atm its turbulent and can either be a healthy 10% correction or a complete rug pull and come back to 20% ish …..
What does professional money do when everyone is short? When everyone is calling a crash and long gold?
XJO- has had a bart simspon h@s for about 2 months and its played out I actually would rather see it crash that through support and test the weak hands as our market is full of them …..
Problem atm is the surges down Blk arrow is showing more strength(happens faster) than most of the asx piss poor bull run ...
Blue arrow showing how weak the current up surges are since the the start of sell off...
Im currently still bullish as and will be unless a rapid change in events.. I do believe this is the best thing to happen to the market for some time and once we stabilise over the next few months we might actually gain some confidence ….
Like fishing the faster the fight the quicker its in my Ice box- the more drawn out the fight the more chances of things happening (shark/knot failure/breakage) ….
TS
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I swear that most traders need to have A.D.D medication reading...
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