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14/10/16

10:02

Post #: 19854074
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Originally posted by Ravenhaller ↑

Nice moves in the US last night. Typically i'd take that (almost) doji on the SPY index as a cue to jump back in, but something doesn't feel quite right here... DB rolling over once again; the latest Chinese data was terrible (a 0.6% correction at our end seems a little underdone); and of course, unending political uncertainty in the US.

I'll be watching today's movers (of course), but might just wait until the fast stochastic crosses over on the VIX index before I make any new positions.

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I'm not big on charts but fundamentally speaking VOC & BKL looked undervalued to me, have thrown a large amount of cash for ST play on both.

Also if like conversations on the broader market, type "XJO" in the search bar, a few boy's their talk about that stuff.
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