Hello Graeme Street, I'm not here to give any advice. As you, I am not a newbie but also no expert. Greg told us to watch oil and 10 yrs, both down. And to watch the news. To me it seems they try to create a second CoVid Fantasy-wave. Charts tell me, as you said, a 'massive' pullback is possible here. I'm not shorting this market but actually I'm flat on stocks, waiting/hoping for a pullback to buy. For German DAX30 think 11,500 is possible. Now it's at 13,000. Means 1,500 points down. So for Dow Jones 700 points down would not be surprising /for me/. After that FED rules again supported by some wonderland vaccine-"news". PS: My focus is on Silver, closed my positions yesterday. Now waiting/hoping for about 20 usd to buy again. Just my thoughts.
I did my first trade last week, following Greg advice, after not being in the market for three years (lost a lot of money). First trade was a lost $322 becaused I became afaid (I was down $1000). If I waited till market close, I would have a small profit. Second no one knows when the markets will go up or down. It is a risk. You have to watch trends. Today I did not rush in, and got 2 contracts of DIS at $9.55. Tomorrow I will not be so lucky.
Hello Graeme Street, I'm not here to give any advice. As you, I am not a newbie but also no expert. Greg told us to watch oil and 10 yrs, both down. And to watch the news. To me it seems they try to create a second CoVid Fantasy-wave. Charts tell me, as you said, a 'massive' pullback is possible here. I'm not shorting this market but actually I'm flat on stocks, waiting/hoping for a pullback to buy. For German DAX30 think 11,500 is possible. Now it's at 13,000. Means 1,500 points down. So for Dow Jones 700 points down would not be surprising /for me/. After that FED rules again supported by some wonderland vaccine-"news". PS: My focus is on Silver, closed my positions yesterday. Now waiting/hoping for about 20 usd to buy again. Just my thoughts.
I did my first trade last week, following Greg advice, after not being in the market for three years (lost a lot of money). First trade was a lost $322 becaused I became afaid (I was down $1000). If I waited till market close, I would have a small profit. Second no one knows when the markets will go up or down. It is a risk. You have to watch trends. Today I did not rush in, and got 2 contracts of DIS at $9.55. Tomorrow I will not be so lucky.