This one can get emotionally a little scary if you are plying the long bump, but here it is.
The charts could break down below the neckline (Dow and Q's are the only ones above it right now) which would help to pull in the shorts. The idea would be later it moves back above the neckline and knocks out those shorts. It's the waiting for the move back above the neckline that can be nerve-racking if you play the long side bump. If you are just waiting to short at higher levels this is really of no consequence to you, you either get them or you don't. In either case you should largely be in a short position by now.
Check out the shorts I just listed.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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