oldarmy1 said:

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Just landed and all I said on the plane was "I hope people listened on major support, and didn't think it would bounce once boken".

Please tell me all the work posting paid off to most and people weren't buying/holding thinking a bounce???

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You made a comment on politics about the tariffs. How could they possibly work out for us?

I first made that comment on the tarrif announcement day. I think Trump is willing to sacrifice 2500 points of his 8500 lead rally to win a long term gain.

Will Americans endure a short term pain for it? Not bloody likely. Which is really a shame

oldarmy1 said:

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I first made that comment on the tarrif announcement day. I think Trump is willing to sacrifice 2500 points of his 8500 lead rally to win a long term gain.

Will Americans endure a short term pain for it? Not bloody likely. Which is really a shame

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I don't see how we win playing that game though.

FriscoKid said:

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oldarmy1 said:

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I first made that comment on the tarrif announcement day. I think Trump is willing to sacrifice 2500 points of his 8500 lead rally to win a long term gain.

Will Americans endure a short term pain for it? Not bloody likely. Which is really a shame

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I don't see how we win playing that game though.

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If it gains us access to the Chinese market and better IP protection, I think it will be a game winner.

FriscoKid said:

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oldarmy1 said:

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I first made that comment on the tarrif announcement day. I think Trump is willing to sacrifice 2500 points of his 8500 lead rally to win a long term gain.

Will Americans endure a short term pain for it? Not bloody likely. Which is really a shame

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I don't see how we win playing that game though.

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It's the only way we win. China, while liquid in US Dollars, isn't as strong economically as they are given credit for.

We cannot compete with China's labor force, pay wise. We aren't willing to sacrifice our middle class at the altar of manufacturing efficiencies. The only way we can force China to alter their behavior is through using our wealth to our advantage. The only way to use our wealth as China's customer is to attempt to alter the terms of our deals.

S&P chart. Right shoulder forming at the open maybe.

Part of me wants to sell off any gains today but I'm torn

If Trump keeps his trap shut we are going flying IMO.

IrishTxAggie said:

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FriscoKid said:

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If Trump keeps his trap shut we are going flying IMO.

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I feel like we've learned from the past three years that Trump keeping his mouth shut ain't gonna happen.

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IrishTxAggie said:

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FriscoKid said:

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If Trump keeps his trap shut we are going flying IMO.

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I feel like we've learned from the past three years that Trump keeping his mouth shut ain't gonna happen.

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I'm trying to remind myself that he has a very short news cycle, so his comments on trade won't last too long. He should move on to something else in the coming month

tailgatetimer10 said:

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IrishTxAggie said:

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FriscoKid said:

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If Trump keeps his trap shut we are going flying IMO.

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I feel like we've learned from the past three years that Trump keeping his mouth shut ain't gonna happen.

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I'm trying to remind myself that he has a very short news cycle, so his comments on trade won't last too long. He should move on to something else in the coming month

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Agreed, he'll be back to yelling at the NY Times/Washington Post/Russian Accusations/news topic of the day in no time

You ready?

I sold off 20% on the "head"

Now decision to wait it out or grab this knife

tailgatetimer10 said:

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I sold off 20% on the "head"

Now decision to wait it out or grab this knife

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I've got a nice little doji on the last candle. Looks perfect technically. Do what you want though. I'm in, but don't hold it against me if I'm wrong.

Edit and to be clear we are going higher not lower. Your knife comment scared me.

I understood, the knife comment was reflective of the last week and more of a "joke"

it's pretty

We are clear for take off.

Little bit of a problem the last 10 minutes or so. We might be breaking out of a channel. Still in, but watching it.

switched to 5 min chart

I'm out.

Taking a beating on some of my long equities today...

I was about to sell. Literally had the order ready to click. Then boom. NVDA climbed $5 per share in 20 mins.

There's the flying

Les Appelt 1999 said:

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I was about to sell. Literally had the order ready to click. Then boom. NVDA climbed $5 per share in 20 mins.

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I don't want to talk about it.

Never broke below the right shoulder. If you traded this the right way then congrats.

If you panicked on the last red candle like I did before it launched then shame on you.

I held, on accident, but I held.

Got stuck in a meeting

tailgatetimer10 said:

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I held, on accident, but I held.

Got stuck in a meeting

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nice

Another bloodbath today