Stock Market Videos: Markets Collapse On Europe, Trades, Levels, Profits
The markets are offering sharply these days on the back of responses from the ECB Chief Jean-Claude Trichet and continued contamination fears across Europe. The markets are searching to near significantly lower on heavy volume. The bottoming tail from yesterday will be negated nowadays except if a massive rally takes place. That is not likely. Stocks are finding crushed across the board. Absolutely nothing is getting spared the carnage. The Dow Jones Industrial Typical is down near to 400 factors. Watch for Europe to get some sort of step in the up coming 24 several hours to curb this massive decline. Also, commence watching for Ben Bernanke to do something. Take the 7 day no cost trial to the Investigation Center and Intra Day Stock Chat. Join the pros and make dollars in any industry.
Video Rating: four / 5
Fuck the markets. I own physical gold and physical silver.
@bigolbiff Buying the pullback with confirmation is a much safer strategy than buying after the market has bounced, after all how do you know the bounce doesnt just create a bear flag for a few days then wam bam thankyou, as the house comes down again, seem that a few times. Why buy against the trend when you can buy with the trend, thats much safer IMO but hey if you put your money where your mouth is an regularly make money from buying bounces then hats off to you Sir your a better man than me
@zeuthuk I definitely agree with the big picture regarding the US. This country is on a down hill spiral – and like you said every economic report is doctored, they are all bs. However, the fact is that nothing goes down in a straight line and that is where the traders make money. Trying to call a bottom is def a game most fail at, but you don’t need to be exact. Close enough to play the move will make money… but not too far lol. Or buying when the bounce has confirmed is key. tradersmake$
@bigolbiff I think your missing the bigger picture, were not talking about a nice shiney swing play here, the West has thrown a ton of money at the recession and we are in bad shape, read the economic reports, the numbers are crunched and crumpled, this is just the beginning. Also, were do you go long when the market has no support, GL with your swing play, anyone trying to call the bottom is getting crushed right now.