P
postman
The dows upward spikes are vicious.
I have a good feeling about a late rip even though its not Friday.Slow till to the bottom?
Must have just been wind.I have a good feeling about a late rip even though its not Friday.
At my age thats worth celebrating!Another day another dump
Currently building a short position in ASX 200....
Reason China trade flows.... Aussies not yet woken up to impacts from China quarantine not least domestic demand in China for Aus resources, tourism impacts to Aus and Uni students etc etc
Potential building into perfect storm coupled with bushfire impacts etc
Also looking at Shorting Aussie dollar later down the line.... RBA has just held rates but mid- year I would be looking at another cut to try and stimulate local demand because of above.
Let’s see....as always markets will make their own mind up
This is pure Fed lead manipulation.The buyers are coming bit of late rally in the ASX.
Just don't tell the sellers.
ASX 200 futures up over 14% built a short position around 5620 on the back of that. If I’m wrong fine I’ll take it on the chin.... I’ve had enough good days out of this to compensate!This is pure Fed lead manipulation.
Here's what I think is going down.
1T intervention.
We had a couple of attempts earlier in the week, which failed miserably.
Today we might see multiple interventions resulting in limit up then limit up again.
If correct assessment, anyone fighting the move thinking selling will come in will be steamrollered.
See if the US can hold and build into the close today.
Drop on Monday open just lack of liquidity.
Then buy into Monday Morning Asia time.
1T in action.
These swings are incredible 1,500 points off the lows in 90 minutes, my longs are looking good now.Could be a 40% move from the bottom, maybe more.
I think it's already started. The game today will be steamrollering sellers.
Buy the fffffing dips as Postie says.