I am getting alot of emails about what the market is doing. Guys this is very unusual times, market is edgy and basically moving on political news and decisions. For example we are up today on mark to market, G20 and nothing about technicals of companies or the market. All you can do is stay out or just see a set up and take it with your necessary risk rewards.
I have been trading for years and this is by far the most difficult environment I have ever seen. You will see many analyst and managers come on and say the same thing because honestly it is.
The good thing is this wont last much longer, so just relax and regroup. As I would say the markets aren't closing tomorrow forever there will be tons of other opportunities.
I have one good description of this market- PINBALL MACHINE :)
MARKETJEDI
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- Charlotte, NC, United States
- Bring real information to the average person about the Financial markets. I am a technical trader that uses alot of technical tools such as Fibonacci, Bollinger Bands, MACD, TRINS, VIX to read the markets
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Past performance is not indicative of future performance. Securities presented in Marketjedi’s email and website should be considered speculative, with a high degree of volatility and risk. Any REDISTRIBUTION of the above information, without prior written consent from MARKETJEDI or Owners is STRICTLY PROHIBITED.
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