Opend a long-position on german DAX30 today @ 12500. Because I see a chance for skyrocketing. (My) Target 1 would be 13200 points. But first >12800 needed. IF i'm right DJI will not see a pullback soon. So maybe contrarian thinking is right: Small traders are waiting/hoping for a pullback but it is not coming and they are nailed on the sideline??? Just my thoughts. >>> However. I take Gregs "warning" serious.
TY Greg the price action in bonds & metals indicate and predict a market "event" incoming. Stocks Bonds & Metals rarely all increase TOGETHER and 1 or more of these assets have it wrong. A VIX index reading above 31 would also portend future stock market trouble; but bear in mind the Fed has drugged & manipulate that too. I'm pretty convinced it's bonds & metals that have things right, just as they both predicted back in Feb
If a massive pull back happens. All will feel it. But metals my go up but cryptocurrency will feel it all. But Bitcoin broke it down trend since 2018. So it's not going back down.
I believe that we can get a pan sell of or some sort of a pullback in the metals because nothing goes up in a straight line, imo a pan sell off would be nice and I would load up with my call positions.
Gold and silver too?
Opend a long-position on german DAX30 today @ 12500. Because I see a chance for skyrocketing. (My) Target 1 would be 13200 points. But first >12800 needed. IF i'm right DJI will not see a pullback soon. So maybe contrarian thinking is right: Small traders are waiting/hoping for a pullback but it is not coming and they are nailed on the sideline??? Just my thoughts. >>> However. I take Gregs "warning" serious.
correction: @ about 12550
Bought my first put today. Already paying off!
When theres alot lot of movement in the market my macbook pros fans get louder...not so strange but a unique dichotomy.
Thank you. Taking your advice and trying to sell right now!
TY Greg the price action in bonds & metals indicate and predict a market "event" incoming. Stocks Bonds & Metals rarely all increase TOGETHER and 1 or more of these assets have it wrong. A VIX index reading above 31 would also portend future stock market trouble; but bear in mind the Fed has drugged & manipulate that too. I'm pretty convinced it's bonds & metals that have things right, just as they both predicted back in Feb
Does that include crypto?
I like the renko bars very telling
If our eBay call dips lower than 4 I'm buying more
👍🤓
Thanks!
The $trin is creeping up
Thanks Greg, I agree and I'm watching closely!!! Got my DRY POWDER ready!!!
Dollar down so is 10 yr yield. Your spot on I agree Mr.Mannarino
If a massive pull back happens. All will feel it. But metals my go up but cryptocurrency will feel it all. But Bitcoin broke it down trend since 2018. So it's not going back down.
I assume even gold and silver will need a pullback som sort of a pan sell of?
Hoping for a pullback is ok, but better not expect it. From my point of view next target in Silver is 31 USD, than 38 USD. Without serious pullbacks.
I believe that we can get a pan sell of or some sort of a pullback in the metals because nothing goes up in a straight line, imo a pan sell off would be nice and I would load up with my call positions.
agree. but we are living in crazy times. du you know the chart of caracas/venezuela stock markets?
That is true totally crazy times sadly...don't know so much beaides that I've read that it has gone parabolic and risen A LOT