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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GoodGord who wrote (87898)11/11/2016 6:12:00 AM
From: GROUND ZERO™2 Recommendations

Recommended By
GoodGord
Mevis

  Respond to of 218795
 
Apparently, the infrastructure companies will do well but the tech companies will suffer somewhat under Donald's more protectionist policies, not really protectionist but making sure the U.S. is no longer screwed on these international trade deals, this is thanks to Edward Miller's market insight on this issue... so it seems, long the DOW and the RUT, short the NAZ and the SOX is probably the play, those are my current positions which I took yesterday morning right on the opening... I feel comfortable holding these positions, although feeling comfortable holding any market position isn't necessarily a good sign... (gulp)...

In the morning when I took this group of positions, I didn't know why these various market indices were moving in opposite directions, but I still took the trade positions based on the obvious market action and chart patterns of these indices, I only learned why these market indices are moving in opposite directions later in the day... this is yet another example of technicals beating fundamentals... knowing what is more important than knowing why...

GZ