Buy The Dip – Next Week Rips Higher

It’s been a real tricky one here folks. The pullback…..the volatility in general but….

For those of you with dry powder, the daily cycle has now most certainly confirmed a “new daily cycle” ( as of Wednesday ) so…..I’d be a buyer here this morning – seeing markets down pre-market could be a nice little opportunity.

Don’t let the jobs data phase you. It’s the same bullshit / phoney baloney U.S economic recovery we’ve been hearing about for what – years now? Don’t let the data get in your way – just buy stocks here “again” and keep a watchful eye on the highs.

american gorilla

                                                          american gorilla buys the dip

8 Responses

  1. Bryan April 6, 2018 / 6:30 am

    Still holding CALL Options to April & May . Now…if only we could pry the keyboard away from Trump for a few weeks…

    • Forex Kong April 6, 2018 / 6:39 am

      Ha! No kidding!

      Unreal seeing this play out day to day. The guy is one crazy pres I’ll say that.

  2. madness April 9, 2018 / 7:13 am

    Hi Kong,

    Best part of half a decade, you were a US stock market short, expecting a collapse etc.

    What has changed your mind that now you are prepared to go long?

    Is this the ultimate indicator go short signal – one of the last die hard shorts has become a bull :-p

    Best Regards

    • Forex Kong April 9, 2018 / 8:40 am

      Madness!

      Great hearing from you man…..and ya…as a “stock market bear in general” – this last wave / pullback and current market conditions still add up to ” yet another cycle higher”.

      What can you do man? You roll with it….me personally – I don’t own a single stock short of the long term Canadian Marijuana guys and GBTC the bitcoin trust ( as a cheap means to own ) so……..for the most part – I’m out.

      Rock n roll man…..new cycle began ( as suggested some days ago ) so try your hand OR……..take the side lines.

      Only you can make the decision.

  3. Peter April 10, 2018 / 2:59 am

    u mean u closed.ur bitcoin.positions?

    • Forex Kong April 13, 2018 / 2:11 pm

      Never….I added….I am in the green on BTC / LTC as well break even with Tron

  4. Madness April 10, 2018 / 7:34 am

    I was just playing with you my friend :-p

    I learnt many years ago, just have to take what the market gives you, up or down.

    I do not think the CB’s will ever let go – they cannot afford to now. Another crisis, they will all have to explain why after a decade of QE where the top 1% benefited the most, why nothing really changed for the majority, it will be the end of them in their current form.

    So they will do all they can – or until they have the perfect patsy to pin everything on.

    • Forex Kong April 13, 2018 / 2:11 pm

      Cheers man.

      Get out there and roll the dice!!

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