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29/07/19

13:51

Post #: 39740381
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Originally posted by ROEROC: ↑

Dangerous holding short over night in TINA market and Fed rate cut this Wednesday.
0.5% cut this year from the Feb will propel the Dow to 28000
if RBA join the move we will move beyond 7000.

all asset are based on risk free rate, when they are this low , market can go another 5%-10% and it still cheap.

You make more money buy the dip until Rate change direction then you can start thinking about shorting

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agree shorting is against the flow.
just buy dips

XJO Value at posting: 6,822.0
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