DDD is giving us a good reminder today that momentum cuts both ways.
Just as some stocks become drunk on the way higher and go parabolic, there is no guarantee they will calmly obey your perceived support level on the inevitable downside snapback.
I remain in cash in front of the Fed, and will likely maintain that position until after the announcement
Who is playing TWTR earnings tonight?
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Me! And if my number hits, will be buying a bottle of that with my winnings #puregambling 😉
Good luck, Celeste. May the Champagne Force Be with You 😉
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The FCX Chart looks interesting here !
Whatta ya think, chess ?
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Agree, alf. Just like in early-2008, FCX can be a late-cycle mover.
Chess, looks like $TWTR bulls are receiving a healthy dose of Antabuse. Seems cash is the new aspirin these days…
CASHISH
Smoke that Cashish like it was a Tatuaje
LOL! Seriously..