Does anyone here believe that the Fed's Plunge Protection Team props up the S&P index through their proxies ?
I keep reading in the blogosphere that they do it through the futures market before and after trading hours, during weekends, early monday morning hours etc.,
Is there any truth in it ?
Because if they are meddling, I think the S&P index is going to see 1500 first before it faces any serious correction.
P.S: By the way I heard James Turk say that gold and silver are ready for the biggest blow off this year to the top, any time from March 15 onwards.
Does anyone here believe that the Fed's Plunge Protection Team props up the S&P index through their proxies ?
I keep reading in the blogosphere that they do it through the futures market before and after trading hours, during weekends, early monday morning hours etc.,
Is there any truth in it ?
Because if they are meddling, I think the S&P index is going to see 1500 first before it faces any serious correction.
That was a tongue in cheek suggestion of course. I wouldnt want to see it go that way frankly.
But when people put their ego before everything else it is tempting to keep them away from each other so that their comments and contributions dont get personal and abusive. God knows just why they dont realise it's a waste of everyone's time except for some cheap and fleeting thrill.
On the otherhand I also hope forummers dont take any comments too personally because I believe that the internet is a matrix and everyone here is on the blue pill LOL. But there are many people in the world who take themselves too seriously and that sickens me.
I know that views slamming one's monetary positions and their ego as well, can and will feel threatening at times. Dont let it get into you and stop hitting that "Submit Comment" button if you dont have something positive to say about another person.
No one is gonna remember what you said in your post for more than 15 seconds.
Money comes & money goes. It's ok to lose money so long as you dont let it eat up your soul. Everything will come to pass. Chill out folks, it's a short life.
I did short 2 lots at 13975. Hoping to tp on one at 13800 and let the other run. Will cut loss at 14135/50.
I dont expect it to cross 14035 today, but who knows when every monday recently has been sell-dollar days.
I will open my big fat mouth and hazard a guess that the move down in the US session today thus far seems to be an impulse move and not a corrective one. It is always very difficult to catch a market turn but my guess is that it starts here. And I say that only because I am short somewhere around here LOL.
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
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إستعمال تحليل الإنترماركت والتحليل الفني الكلاسيكي لتداول الذهب و الناسداك و السندات. شاهد هنا
Using intermarket technicals analysis to trade XAUUSD Nasdaq100 and Bonds.Watch here.
Latest Hot-Chart - May 16
Dax 200 DMA Deviation
You remember we went short Dax40 in late March based on the 13% 200 DMA extension, which gave us at least a 500-pt gain.
View Hot-Chart..
I keep reading in the blogosphere that they do it through the futures market before and after trading hours, during weekends, early monday morning hours etc.,
Is there any truth in it ?
Because if they are meddling, I think the S&P index is going to see 1500 first before it faces any serious correction.
P.S: By the way I heard James Turk say that gold and silver are ready for the biggest blow off this year to the top, any time from March 15 onwards.
I keep reading in the blogosphere that they do it through the futures market before and after trading hours, during weekends, early monday morning hours etc.,
Is there any truth in it ?
Because if they are meddling, I think the S&P index is going to see 1500 first before it faces any serious correction.
For the other one I have a trailing stop at 13950.
1st profit on a virgin trade. Beginner's luck.
Relying on charts for short term trades is as good as gambling. It becomes calculated gambling with money management skills and nothing more.
Point being all fiat currencies will tank ultimately.
We will run a gold standard finally but that will debase too when it lands up in the dirty hands of central bankers.
That was a tongue in cheek suggestion of course. I wouldnt want to see it go that way frankly.
But when people put their ego before everything else it is tempting to keep them away from each other so that their comments and contributions dont get personal and abusive. God knows just why they dont realise it's a waste of everyone's time except for some cheap and fleeting thrill.
On the otherhand I also hope forummers dont take any comments too personally because I believe that the internet is a matrix and everyone here is on the blue pill LOL. But there are many people in the world who take themselves too seriously and that sickens me.
I know that views slamming one's monetary positions and their ego as well, can and will feel threatening at times. Dont let it get into you and stop hitting that "Submit Comment" button if you dont have something positive to say about another person.
No one is gonna remember what you said in your post for more than 15 seconds.
Money comes & money goes. It's ok to lose money so long as you dont let it eat up your soul. Everything will come to pass. Chill out folks, it's a short life.
This wussy is gonna go out and have a drink.
I did short 2 lots at 13975. Hoping to tp on one at 13800 and let the other run. Will cut loss at 14135/50.
I dont expect it to cross 14035 today, but who knows when every monday recently has been sell-dollar days.
I will open my big fat mouth and hazard a guess that the move down in the US session today thus far seems to be an impulse move and not a corrective one. It is always very difficult to catch a market turn but my guess is that it starts here. And I say that only because I am short somewhere around here LOL.