All major indexes closed to new all-time highs today. These record numbers come after China announced over the weekend that it will address certain intellectual property rights issues. Investors are taking this as a signal that a trade deal could be close to materializing.
Surely this is not something new. Since 2016 we experienced swings from one depressing news to the next euphoria positivity, and to dismal results and then back to another wonderful news again.
While indexes did break new high, how many times did that happen? 3 years 2 times? Then will one be better off to buy and hold to sell on each highs, or to trade and go with each flow. Trading along the lines might be better off doing a one time buy low sell high trade for different lifestyles. Yet another common question: can the chart actually tell when the crash is going to happen?
Your guess is as good as mine. However, if I need to take a guess, I will say we are far from crash. At least after the upcoming Lunar New Year.
Now please excuse me while I put in some shorts to cash out later.
Surely this is not something new. Since 2016 we experienced swings from one depressing news to the next euphoria positivity, and to dismal results and then back to another wonderful news again.
While indexes did break new high, how many times did that happen? 3 years 2 times? Then will one be better off to buy and hold to sell on each highs, or to trade and go with each flow. Trading along the lines might be better off doing a one time buy low sell high trade for different lifestyles. Yet another common question: can the chart actually tell when the crash is going to happen?
Your guess is as good as mine. However, if I need to take a guess, I will say we are far from crash. At least after the upcoming Lunar New Year.
Now please excuse me while I put in some shorts to cash out later.
