You guys are all mad, lol. Go long. This week the dow will...

  1. 1,368 Posts.
    You guys are all mad, lol. Go long. This week the dow will flounder as most traders are still on US holidays for a week, so use it as a buying opportunity. Any down will be nothing more than profit taking.
    Fundamentals are strong and there is evidence that the US economy is strenghtening. Consumer confidence is expected to rise from 76 to 80 on Tuesday.
    When the pros return in another week, they will have to buy equities to even up there books after getting into bonds for a month.

    Stop trading technically, and look at fundamentals. The contrarians are forcing those sell signal chart patterns to arise, just to suck in all the TA players. The only gravestone will be around your neck. Im suprised to see such astute posters trying to pick turning points.

    cheers
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.