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(06-10-2023, 04:50 PM)sgbuffett Wrote: Tonight at 830pm labor report will come out in the USA
This report will show better than expect jobs data forcing the Fed to raise rates to bring the economy down.
The US econkmy is already jn a fragile stage with many sectors in the doldrums already. Most of the strength comes from Biden infrastricture spending which hires many people causing the job market to look strong when the real economy is extremely sick.
Once jobs data out Fed has no choice but go for the kill and damage the economy.
Professional traders have shorted to make profits when market plunges at 830pm tonight.
![[Image: H7eV9q8.jpg]](https://i.imgur.com/H7eV9q8.jpg)
You are hopeless
DOW is up 300 points now
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By the close of this trading week, DOW unlikely will give back its gains tonight SGT.
Next week, and moving forward till end Nov 2023, DOW would have recovered from this month's Oct low of 32,800
HSI would have bottomed at 17,070 as of 4 Oct 2023
Blue sky next week and beyond for most indices, especially HSI and DOW
As predicted last week, Oil has collapsed back to its 80's and will range there awhile
The ORACLE has spoken
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(06-10-2023, 11:11 PM)Zannn Wrote: So how pro traders sgbuffett, now Dow goes green in a rally. Come out admit u did not expect this and your pro traders shots all burnt. U r really the best reverse indicator.
Hi sgbuffett, can share how pro traders like yrself deal with the repeated huge losses, especially this round of shorts?
(This post was last modified: 07-10-2023, 02:14 PM by
Zannn.)
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(07-10-2023, 02:13 PM)Zannn Wrote: Hi sgbuffett, can share how pro traders like yrself deal with the repeated huge losses, especially this round of shorts?
Hi like I said Dow and Nasdaq will plunge at 830pm yesterday. .. at exactly 830pm Dow PLUNGE those who shorted before the plunge can cover and make profits
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(06-10-2023, 04:50 PM)sgbuffett Wrote: Tonight at 830pm labor report will come out in the USA
This report will show better than expect jobs data forcing the Fed to raise rates to bring the economy down.
The US econkmy is already jn a fragile stage with many sectors in the doldrums already. Most of the strength comes from Biden infrastricture spending which hires many people causing the job market to look strong when the real economy is extremely sick.
Once jobs data out Fed has no choice but go for the kill and damage the economy.
Professional traders have shorted to make profits when market plunges at 830pm tonight.
![[Image: H7eV9q8.jpg]](https://i.imgur.com/H7eV9q8.jpg)
But based on what u analyse, it’s Fed going for the kill and market will crash from after the results onwards. But u never expect it will huge rally halfway, let’s be truthful dude. So pro traders like u did not expect this rally will not have cover and in loss now. How do u deal with such losses? Hold and wait or cut loss?
(This post was last modified: 07-10-2023, 04:31 PM by
Zannn.)
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