The AMZN position that has been under construction or I've been waiting on for some time to add to, is right where I want it, I'll be taking this a little above a full size core short position. I want to move quickly, but the reasons are that the divergences are in place and although AMZN could certainly add a bit here, I don't feel the percentage risk is very high, it's now above the former high which is the entire point of what I was looking for from this rally to add to core short positions, again if the concept is difficult to understand, I'd point you to this week's FRP video, just use AMZN as a substitute.
Charts coming.
Is interest rates about to start going up?
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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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