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Dr. Fly
Indeud

Stocks Blast Off Again on US-China Negotiations News

Dr. Fly Tue Jul 23, 2019 1:54pm EST 4 Comments

If I was short, I’d want to stick a sword thru my stomach right now. This should not move markets, but it did. As a matter of fact, a face ripping rally is presently underway.

The Dow is now up more than 140 and nothing can stop the madness. I’m fine with this and will be executing some trades soon. I have an idea where I want to do, mostly in tech — maybe a little SAAS.

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4 comments

  1. roguewave
    roguewave
    July 23, 2019 at 2:07 pm

    2021
    Dow 35,000
    Gold $5,000
    Bitcoin $60,000

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  2. og
    og
    July 23, 2019 at 2:15 pm

    Wish I didn’t already have a full position in SAAS. Acting like ass today.

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  3. jbandy
    jbandy
    July 23, 2019 at 3:05 pm

    Trump is so fixated on the market, the man will do anything to keep the record run going through the 2020 election season. He will criticize/threaten the Fed until they cut rates to 0%, talk about additional rate cuts, brag about closing a China trade deal…whatever it takes to keep the party going through the 2020 election. And it will work. Shorting is a fool’s errand.

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    • it is showtime
      it is showtime
      July 23, 2019 at 3:21 pm

      bigger the rise

      more precipitous the fall

      They can’t stop me from Winning In The End

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