Ok 25 mins into trading and wow what a seesaw ride so far.Gains during the pre market have all but been wiped out.On a 5 min chart the bears have managed to pull it back to a 50 MA.There is one more report due out at 10 on home sales which will give another volatile move but once thats done the market should calm down.Its still early into trading and today seems to be the wild wild west anything can happen.Will this be the new high for the year or is this just the beginning of another leg up.Time will tell weather stimulated growth can win against fundamentals over the long term.
Anna this is just a side note but do you think you have enough time to maybe teach me a little about the market.I still really new and trying to learn as much as i can.Finding mentors is like trying to find a needle in a haystack.
right on the button dear went up and down like a yoyo .Hahaha since im sitting this friday out im just a bystander right now.Im gauging where the market ends today to make a call on monday to see if its the right time to get in again.
I’m sure the FP is the final upside target, but getting there today seems impossible. But, we’ve all seen the impossible happen here lately, so I won’t rule it out.
Maybe there won’t be any false flag over the weekend, and the market will wait until Bullish Monday to reach the FP, and then fall from so other “less harmful” event. We can only hope so.
Well true volume is key to see weather the action is real or fake thats like a lie detector right now as things stand i will agree 100% on a correction and this rubbish bull run will end the key to everything right now would be the time period.Thats the reason why to me news is actually the key to that.It was bugging me when the news was screaming sell sell sell.Im actually waiting for things to turn around to BUY BUY BUY.That will cause complacence in the market which traps bulls instead.Buy on fear sell on complacence.Im leaning to that to get a right time on the market shift.
hahhaha gotta remember that ”O bomb-us”
opening now
Ok 25 mins into trading and wow what a seesaw ride so far.Gains during the pre market have all but been wiped out.On a 5 min chart the bears have managed to pull it back to a 50 MA.There is one more report due out at 10 on home sales which will give another volatile move but once thats done the market should calm down.Its still early into trading and today seems to be the wild wild west anything can happen.Will this be the new high for the year or is this just the beginning of another leg up.Time will tell weather stimulated growth can win against fundamentals over the long term.
I sent you an invite on goggle chat so when your online just msg me anytime
Does O’bomb-us speak here shortly? MrTopStep posted that he does.
sure email me DJ annmallgirl (gmail)
Anna this is just a side note but do you think you have enough time to maybe teach me a little about the market.I still really new and trying to learn as much as i can.Finding mentors is like trying to find a needle in a haystack.
right on the button dear went up and down like a yoyo .Hahaha since im sitting this friday out im just a bystander right now.Im gauging where the market ends today to make a call on monday to see if its the right time to get in again.
I’m sure the FP is the final upside target, but getting there today seems impossible. But, we’ve all seen the impossible happen here lately, so I won’t rule it out.
Maybe there won’t be any false flag over the weekend, and the market will wait until Bullish Monday to reach the FP, and then fall from so other “less harmful” event. We can only hope so.
Well true volume is key to see weather the action is real or fake thats like a lie detector right now as things stand i will agree 100% on a correction and this rubbish bull run will end the key to everything right now would be the time period.Thats the reason why to me news is actually the key to that.It was bugging me when the news was screaming sell sell sell.Im actually waiting for things to turn around to BUY BUY BUY.That will cause complacence in the market which traps bulls instead.Buy on fear sell on complacence.Im leaning to that to get a right time on the market shift.