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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: rimshot who wrote (44811)11/26/2021 12:32:55 AM
From: Sun Tzu  Respond to of 97958
 
It's not that complicated. Are you denying that you thought the bias is on the up side and became increasingly bullish?

It's easy to look at an uptrend and claim the market will continue the trend. It is a 100x harder to call for a change in trend.

BTW, remember how I told you that Asian markets keep struggling despite good economic news? Did you think that their traders are a bunch of morons or that the global markets are not interconnected? Here's the latest from the land of the rising sun. The stated reasons for the fall are unimportant. What matters is where they are going.

And while we are at it - make some clear calls if you want to get into this debate. None of this cryptic RSP should hold a decimal point until I see what happens and I'll tell you some other ambiguous message after the fact. If you are trading indexes on multi-day holds, then you should have been able to say something like, "we've seen low for the day and I expect the market to go up to X so I am buying now." That is a real call.

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Japan’s Nikkei 225 drops nearly 3% as Asia-Pacific markets slip amid renewed Covid fears
PUBLISHED THU, NOV 25 20216:44 PM EST UPDATED AN HOUR AGO

Eustance Huang @EUSTANCEHUANG

KEY POINTS

  • Stocks in Japan led losses among Asia-Pacific markets in Friday trade, with the Nikkei 225 dropping nearly 3%.
  • Travel stocks in Asia-Pacific fell in Friday trade amid renewed Covid fears.
  • World Health Organization officials said Thursday they are monitoring a new Covid variant with “a large number of mutations.” A special meeting is scheduled for Friday to discuss its implications for vaccines and treatments.

SINGAPORE — Shares in Asia-Pacific slipped in Friday trade, with Japanese stocks leading losses regionally as fears of a new Covid variant weighed on investor sentiment.

The Nikkei 225 in Japan dropped 2.69% while the Topix index fell 2.09%. Shares of SoftBank Group plummeted around 5% following a Bloomberg report that Chinese regulators have asked Didi, which the Japanese conglomerate holds a sizable stake in, to delist from the U.S.

Those losses came after World Health Organization officials said Thursday they are monitoring a new variant with “a large number of mutations.” A special meeting is scheduled for Friday to discuss its implications for vaccines and treatments.

Hong Kong’s Hang Seng index also saw sharp losses falling 1.98%. The variant has been detected in Hong Kong, according to South Africa’s Minister of Health Joe Phaahla



To: rimshot who wrote (44811)11/26/2021 6:48:13 AM
From: Sun Tzu1 Recommendation

Recommended By
Mevis

  Read Replies (1) | Respond to of 97958
 
Here's what a real call looks like into a rising market:

To: Qone0 who wrote (44316)11/22/2021 12:06:55 PM
From: Sun Tzu1 Recommendation Read Replies (1) of 44817
Last night I was almost in panic that I could not sell and raise cash in my portfolio. But the futures going up allowed me to sleep. This morning I sold a big chunk of my portfolio and am now getting ready to be short the market.