RedZone Posted April 4, 2018 Report Share Posted April 4, 2018 I guess it will be amusing watching this play out. http://money.cnn.com/2018/04/04/news/economy/china-tariffs-us-goods-soybeans/index.html?sr=twCNNp040418economy0659AMStory&CNNPolitics=Tw 1 Quote Link to comment Share on other sites More sharing options...
RedZone Posted April 4, 2018 Author Report Share Posted April 4, 2018 I don't think the Dow will like this too much, but I'm no expect. Quote Link to comment Share on other sites More sharing options...
DarterBlue Posted April 4, 2018 Report Share Posted April 4, 2018 25 minutes ago, RedZone said: I don't think the Dow will like this too much, but I'm no expect. The market will give up yesterday's gains at the open. Where it closes is another matter. Quote Link to comment Share on other sites More sharing options...
HSFBfan Posted April 4, 2018 Report Share Posted April 4, 2018 8 minutes ago, DarterBlue said: The market will give up yesterday's gains at the open. Where it closes is another matter. Its going to open over 500 points down Quote Link to comment Share on other sites More sharing options...
DarterBlue Posted April 4, 2018 Report Share Posted April 4, 2018 17 minutes ago, HSFBfan said: Its going to open over 500 points down No it did not. Quote Link to comment Share on other sites More sharing options...
DarterBlue Posted April 4, 2018 Report Share Posted April 4, 2018 18 minutes ago, HSFBfan said: Its going to open over 500 points down Futures are at best a very imprecise indication of where the market will or will not open. They give opening direction, but don't accurately reflect opening price particularly when the moves in price are big. Quote Link to comment Share on other sites More sharing options...
HSFBfan Posted April 4, 2018 Report Share Posted April 4, 2018 1 minute ago, DarterBlue said: No it did not. CNBC pre data had it -515 early this morning. Its down about 400 Quote Link to comment Share on other sites More sharing options...
DarterBlue Posted April 4, 2018 Report Share Posted April 4, 2018 1 minute ago, HSFBfan said: CNBC pre data had it -515 early this morning. Its down about 400 Please see my comment immediately above your response. I look at actual data, not what the talking heads on CNBC have to say. In case you don't know, I trade, while they pontificate! Quote Link to comment Share on other sites More sharing options...
HSFBfan Posted April 4, 2018 Report Share Posted April 4, 2018 1 minute ago, DarterBlue said: Please see my comment immediately above your response. I look at actual data, not what the talking heads on CNBC have to say. In case you don't know, I trade, while they pontificate! Yes i know I saw it after I responded. There is probably very little chance it hits positive numbers today at least in my opinion but since you do the research you could tell me Quote Link to comment Share on other sites More sharing options...
DarterBlue Posted April 4, 2018 Report Share Posted April 4, 2018 Just now, HSFBfan said: Yes i know I saw it after I responded. There is probably very little chance it hits positive numbers today at least in my opinion but since you do the research you could tell me There is a big battle going on as I type this. It's for the very heart and soul of the 2009-2018? Bull Market. If the bulls can somehow turn today around, it will be an extremely bullish sign. They are certainly trying their darnedest in the face of bad headlines. Quote Link to comment Share on other sites More sharing options...
HSFBfan Posted April 4, 2018 Report Share Posted April 4, 2018 2 minutes ago, DarterBlue said: There is a big battle going on as I type this. It's for the very heart and soul of the 2009-2018? Bull Market. If the bulls can somehow turn today around, it will be an extremely bullish sign. They are certainly trying their darnedest in the face of bad headlines. Where do you think the DOW should be? 21-22k levels? Quote Link to comment Share on other sites More sharing options...
DarterBlue Posted April 4, 2018 Report Share Posted April 4, 2018 1 minute ago, HSFBfan said: Where do you think the DOW should be? 21-22k levels? From a valuation standpoint, the market averages should probably be 25% below current levels. But valuations are never used by me to make forecasts. While in the very, very long term, values are reflected in prices, sometimes for very long periods stocks can remain overvalued or undervalued. So, I will let the market's action determine what I do with my trade. Values only measure risk. But they do not determine direction. Quote Link to comment Share on other sites More sharing options...
HSFBfan Posted April 4, 2018 Report Share Posted April 4, 2018 1 minute ago, GardenStateBaller said: Start paying attention to the percentage drops, not so much the actual number. Being down 300 points only equates to a smidgen over 1%. Yes I know. Its a very small percentage. Quote Link to comment Share on other sites More sharing options...
DarterBlue Posted April 4, 2018 Report Share Posted April 4, 2018 Just now, HSFBfan said: Yes I know. Its a very small percentage. Actually, you should pay attention to the market action; how it actually trades. One percent drops day in and day out bleed you to death. Quote Link to comment Share on other sites More sharing options...
HSFBfan Posted April 4, 2018 Report Share Posted April 4, 2018 1 minute ago, DarterBlue said: Actually, you should pay attention to the market action; how it actually trades. One percent drops day in and day out bleed you to death. Yes you can look at it like that too. 1-2% a day is like a slow death. But you guys know a lot more than me. I have no dog in the fight. I just like to watch what it does Quote Link to comment Share on other sites More sharing options...
HSFBfan Posted April 4, 2018 Report Share Posted April 4, 2018 @DarterBlue Dow has bounced back almost 300 points from the opening Quote Link to comment Share on other sites More sharing options...
HSFBfan Posted April 4, 2018 Report Share Posted April 4, 2018 Just now, GardenStateBaller said: Keep in mind that Wall Street is bullish on our POTUS. We're all in good hands. Yes but the speculation with the news are driving these investors nuts. As you can see down over 400 this morning. Now down about 150. Still have a long way to go but if you bought this morning your doing ok Quote Link to comment Share on other sites More sharing options...
DarterBlue Posted April 4, 2018 Report Share Posted April 4, 2018 5 minutes ago, HSFBfan said: @DarterBlue Dow has bounced back almost 300 points from the opening Like I said above, today is a life and death struggle for the soul of the bull market. So far the bulls are winning. If they do so decisively, I will probably cover my shorts after I do my analysis. However, the day is still young and the rally could stall. Quote Link to comment Share on other sites More sharing options...
HSFBfan Posted April 4, 2018 Report Share Posted April 4, 2018 Just now, DarterBlue said: Like I said above, today is a life and death struggle for the soul of the bull market. So far the bulls are winning. If they do so decisively, I will probably cover my shorts after I do my analysis. However, the day is still young and the rally could stall. it depends on what part of investing your in. If your looking to retire soon yea your watching whats happening closely and doing the research like you said. If your a young investor who has 30 years to go than today means very little. Quote Link to comment Share on other sites More sharing options...
HSFBfan Posted April 4, 2018 Report Share Posted April 4, 2018 2 minutes ago, GardenStateBaller said: Every trade-related decision POTUS makes is for the betterment of our country. Invest some and come along for this fantastic ride! If I had money I would go in. China has what billion in trade surplus on us. That needs to end. We gotta get to a point where the USA has the surplus and the dominant hand Quote Link to comment Share on other sites More sharing options...
HSFBfan Posted April 4, 2018 Report Share Posted April 4, 2018 Just now, GardenStateBaller said: Start with $5-10 per week. You'll have thousands before you know it. You need to pay YOURSELF first and let the market work for you!! Ill give you $10 bucks go invest for me Quote Link to comment Share on other sites More sharing options...
DarterBlue Posted April 4, 2018 Report Share Posted April 4, 2018 8 minutes ago, HSFBfan said: it depends on what part of investing your in. If your looking to retire soon yea your watching whats happening closely and doing the research like you said. If your a young investor who has 30 years to go than today means very little. Actually, it depends on what kind of market participant you are. If you are the average person, I agree with you. For me, I have always been a trader. I don't have an investor's temperament. Quote Link to comment Share on other sites More sharing options...
HSFBfan Posted April 4, 2018 Report Share Posted April 4, 2018 Just now, DarterBlue said: Actually, it depends on what kind of market participant you are. If you are the average person, I agree with you. For me, I have always been a trader. I don't have an investor's temperament. Gotcha. Everyone plays the game differently Quote Link to comment Share on other sites More sharing options...
DarterBlue Posted April 4, 2018 Report Share Posted April 4, 2018 4 minutes ago, HSFBfan said: Ill give you $10 bucks go invest for me You should do the work yourself. Giving someone the responsibility for the most importing thing in your financial life is not smart. It generally ends badly. 1 Quote Link to comment Share on other sites More sharing options...
HSFBfan Posted April 4, 2018 Report Share Posted April 4, 2018 Just now, DarterBlue said: You should do the work yourself. Giving someone the responsibility for the most importing thing in your financial life is not smart. It generally ends badly. I dont have the time nor the knowledge. So ill ship you 10 bucks throw it anywhere you think. Whats the worse that can happen I lose 10 bucks Quote Link to comment Share on other sites More sharing options...
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