Dentalfloss
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Dow
So someone knew the Chinese were going to back down on the trade war yesterday and loaded up. Now those people who were late to the party and have just started buying are going to get bitten. Anyone here stupid enough to go long in the last half hour?Given there no news pushing this inexorably higher I'm guessing there will be a Trump tweet tomorrow announcing some great new plan / strategy / economic miracle. Someone already knows the news.
Unless this is a purely technical bounce.
BTW, did anyone notice I got me price for me shorts yesterdaystrait higher off the open and short. drawing a fib here from today's low to HERE. as good as any indicator today me thinks.
38% = 25,880. that's too steep for me so I'm going with 25940.
Don't think it matters much now, we're up here and staying up here.You mean Trump lied ...
Trump Made Up "High Level Phone Calls" With China To Boost Markets, Aides Admit: Report
And now, according to a CNN report, White House aides "conceded the phone calls Trump described didn't happen they way he said they did," and "instead, two officials said Trump was eager to project optimism that might boost markets, and conflated comments from China's vice premier with direct communication from the Chinese," precisely as we said had likely happened on Monday morning.
Trump has become increasingly concerned about the market's inability to rise comfortably above 3,000 and is agitated, CNN reports, because "the economy is flashing warning signs Trump didn't expect, his trade war with China is dragging on months longer than expected yet he refuses to give in," and he's "spinning to find victories to sell to voters."
Who'd a thunk it.
I did. 🍀BTW, did anyone notice I got me price for me shorts yesterday
YM?sold YM @ 26314
Dow futures. How do you not know "YM"? It's like the biggest contract in the World.