- Joined
- 13 January 2011
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- 16
Feel like taking a sneaky long on the DAX given the capitulation last week. Too chicken.
Feel like taking a sneaky long on the DAX given the capitulation last week. Too chicken.
Tomorrow mornings DAX low would be the trade I reckon....... :grenade:
9500 has a real chance if we can take out the low of today
At this rate I don't think I will be getting any sleep tonight.
Don't tell me your spreading US equities now?
So where to from here? You'd imagine we get a short squeeze at some stage but what about medium/long term? Charts have just broken down to such a point where it's hard to see any value in 'investing?'
It's not a financial crises or debt crises.
Europe has learned to print, balance sheets are strong, there's no inflation and where swimming in cheap oil.
It couldn't be better........
Well, China may not be buying so much stuff and a few Countries could go under on the oil price.
Guess that's a bit of something to worry about. Oil seems to have paralleled China's slow down.
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What we have here is your typical WW cyclical bear market, so we either need to sit on the sidelines or learn to short if we haven't before now, as that is the way to play profitably until the trend changes
The commodities slump including the price of oil has been indicating for some time now that a bearish correction was coming due to a faltering real world economy including China and it appears the correction is under way now.
China has plenty of scope to cut rates, EU will say "whatever it takes" again, Yellan might not raise in Sept... Those headline bots will be buying like it was 2012.
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