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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Lee Lichterman III who wrote (75751)1/12/2023 11:07:44 AM
From: The Ox1 Recommendation

Recommended By
ajtj99

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Thank you, Lee.

I guess it's possible that I'm looking at the dollar in a different context.

It was understandable that the world flocked to the dollar after the start of the Ukrainian conflict. In my mind, much of this unwinding/downtrend is now associated with recession concerns and less worry about the whole of Europe spiraling downward. Add in China's COVID lockdowns and other global factors/fears.

Knee jerk moves in the markets are not always directly related to the data in the way "traditional" cause/effect is being played out. So much of these extreme short term moves are simply repositioning based on several factors (options, profit/loss levels being hit, "piling on"/HFTs and so forth...).

Is the data saying change your view?
Do you expect a trend change based on the new data?

If new data is greater than X, do this, if not, do that.....or if the run up seems too extreme, longs get out and shorts pile on...(and vice versa).
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