Black Monday

[bull....]

bush vrs gore was a contested contest and had to wait till dec before the supreme court decided. choppy to then? big rise probably as balance say relief lefties didnt get control of the house and senate

[blackcap]

bush vrs gore was a contested contest and had to wait till dec before the supreme court decided. choppy to then? big rise probably as balance say relief lefties didnt get control of the house and senate

Well lefties did get control of House with Speaker Pelosi reappointed, but they are ineffectual if they do not have the Senate. Yes it is looking very likely that the Senate will be won by the Republicans. That said, Harris as Potus could unleash some Executive Socialism hell.

[King1212]

Nah....no worries. Cheap money around.. market will keep going up till it burst out...

The question is when it will burst out?

Answer is when we are all not aware...just like corona virus

[Balance]

Nah....no worries. Cheap money around.. market will keep going up till it burst out...

The question is when it will burst out?

Answer is when we are all not aware...just like corona virus

Ride the Tiger hard but how to dismount without getting eaten alive? 😰

[bull....]

Well lefties did get control of House with Speaker Pelosi reappointed, but they are ineffectual if they do not have the Senate. Yes it is looking very likely that the Senate will be won by the Republicans. That said, Harris as Potus could unleash some Executive Socialism hell.

harris bit of an unknown but she likes weed anyway lower stimulus outcome with the senate controlled by republicans than if democrats won outright also this is reflected in the 10yr bonds plummeting also got to wonder how much growth policies will actually get achieved or will it just be 4yrs of nothing but sub - par growth trying to dig there way out of a recession hoping the fed doesnt run out of juice , contrary to what balance says money printing is not unlimited.

[King1212]

Yes balance....it is a share market..only the brave one will be rewarded

[Balance]

Yes balance....it is a share market..only the brave one will be rewarded

You can only win big when your desire to win exceeds your fear of losing. Easy to say, hard to do!

[King1212]

Yes... especially a lot of us here got burnt and scared with Feb n March crashed. Many have not back to the market yet...those people are all in property market.

Now us election passed ... expecting in flow of huge cash in the market with value stocks in the favour ....

Don't ask me what are nzx remaining value stocks.


Ahhh...will share it if people ask ....lol

[bull....]

and gold up another 22 dollars , etherum stalled but bitcoin still in rally mode in correllation with golds rise. they all probably rally cause of fed money printing which i have been bleating on about fore -ever would cause side effects.

trades still good , strong overnight for gold. as mentioned earlier on thread thought around the 1900 area would be the stall point and this has eventuated as the area of consolidation until the market decides which way next.

crytos. eg bitcoin etc on a tear but from a return perpective offering huge returns at the moment compared to other assets at the moment.

all related to the fact that money printing is not ending anytime soon and in fact the US election is confirming this because no stimulus until next yr as senate winner might not be known until then which means the only thing holding everything together is the money printing machines at the fed at the moment

[peat]

SP500 might have turned
Hammer followed by bullish engulfing on the daily.
Attachment 12057

yep those candles worked
Attachment 12065
note how the two candles beat the DMI+/- crossover (and of course we do have to wait for the bullish engulfing to complete before the signal is given).
The ADX on the daily is horribly lagging.