Also, what would I do with a billion?? Even my wife couldn't spend all that !
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Disliked{quote} Yes but kidding aside, we are being constrained by arithmetic biology in a geometric financial world. No matter how much money we make, we are finite in size, life expectancy, sleep deprivation, appetite etc. Therefore I value my finite time (and lack of stress) more than whatever wealth I create by sacrificing my finite resources. Also, what would I do with a billion?? Even my wife couldn't spend all that !Ignored
Disliked{quote} 25800 held so far and the daily seems to be on the way up, I will watch closely the re-test of the 26150 area but I really don't see anything on the weekly that encourages me to consider selling for the time being. Trade safe {image}Ignored
DislikedThose of you wondering what might be in store for equities today, Dax is sitting on a big support trend line, and if you haven't drawn it in yet, go back to 11th Feb 2016, and connect the low on that day to the low on 24th June 2016, and putting an extension on it, you'll see the price hit it yesterday and held. Dow is in a hell of a range, but looking technically like it might just break out of this to the north, and it is NFP day, so one has to be careful as it can whip all over the place when the figures come out as you will know. So, looking...Ignored
Disliked{quote} I would not put any trust in the extension of a couple points in time more than 2 years ago 4 months apart, the sensitivity to a few pips in the length of either wick has a massive effect on where the lines might fan out as of now. Difficult to see where the support for Dax stands right now, because it has broken down levels seen for several weeks and 11700 is key.Ignored
Disliked{quote} I would not put any trust in the extension of a couple points in time more than 2 years ago 4 months apart, the sensitivity to a few pips in the length of either wick has a massive effect on where the lines might fan out as of now. Difficult to see where the support for Dax stands right now, because it has broken down levels seen for several weeks and 11700 is key.Ignored
Disliked{quote} I never said I was putting any trust in it, I was just pointing it out as something to be aware of, nothing more.Ignored
DislikedThe Dow still in the range, but I am beginning to get confirmation on my two day chart of a significant move south within the next few days. I apologize for not being more specific, but it does synchronize with the resistance levels I have already posted on this thread, and so will merely be confirmation of what I have already predicted. The Dow has moved sideways for almost two weeks since it peaked at 26,170, and now that range looks to me as if it is about to break down. Dax rose a little today, but nothing spectacular, and it can easily drop...Ignored
Disliked{quote} Dow looks like its in Sell mode IMO.... If I was trading this now, I would short and place a SL at 25955... Just my 2 cents.Ignored
DislikedTake a look at the 2007-8 daily structure, if this fractal pans out its going to lead to a higher high b4 the final leg down, months more speculation left but I've taken a short around here and slightly in the red ATM. So what do I know....Ignored