RE:RE:RE:RE:RE:RE:Amrita still very optimistic !!!Many of us are both... and as far as I can tell the entire fincial marekt participating classes are essentially weighted in varying degrees between these two in the same manner. Creates for efficient markets.
What I like about the fundamental posts (which I have contributed years of posts to) is it reassures me of what I own and I feel reduces the risk of any interim trades. I also have benefitted from others' technical posts in that I used to scratch my head when the price didn't reflect fair value or the narrative.
We all need eachother ;) I'm headed overseas shortly so will be less active on technical posts so enjoy some peace and quiet from me haha
Cheers
BayStreetWolfTO wrote: No, I have those on the ignore...however I will say most of the board is long and understands the volatility. I for one prefer good discussion on long-term topics versus the day to day week to week offered by the TA stuff.
Just personal preference.
SH should split boards in two....Inventors and traders. in my opinion.
Snowballer wrote: You calling my posts pollution, wolf? lol jk I appreciate the long short balance on this board. Keeps everyone's headspace in reality in terms of price action expectations, technical strategies and underlying fundamentals. I rely on all three. I think many here do as well.
BayStreetWolfTO wrote: Certainly the financial market is larger than the physical market and the financial market is driven in large part to traders trading to a timeline.
For long-term holders we watch supply/demand.
This Wednesday will be interesting
That said hopefully not another day of pollution on the board by the crowd. We will see
Snowballer wrote: Appears to match the technicals as well.
Snowballer wrote: "We could continue to see weakness... but come winter/year end we think $120" My thoughts exactly as posted last week. I think we soften until we break from the downtrend on this respective timeline.
red2000 wrote:
https://www.bloomberg.com/news/videos/2022-08-08/oil-still-set-to-top-120-by-year-end-energy-aspects-video