Rom wrote:Commentary: Black-swan crisis warning for now through mid-April
Poll = dark black outlook
I suppose if you post enough of these scaremongering stories one of them is bound to turn out correct at some point in the future.
The law of averages state at some point the markets will either correct or re-boot themselves. But these comments are nothing more than conjecture, just like the previous post you submitted last December that failed to materialize.
If indeed the markets do react to some geopolitical or unique event there will be plenty of opportunities to benefit as there always have been if you dial back into history & check your charts. Take the most recent market fallout of 2008 as an example.
Using just one instrument to highlight this example;
EUR/USD dropped through 1.5300 during August of that year & 2 months later was trading on the 1.23 handle. But it didn't drop in one straight line. It offered multiple opportunities to engage the short side, as did all the instruments that reacted during that period.
A year later it had retraced 80% of that drop & again, it wasn't a straight line back up the other way. Instead there were many trending opportunities for the astute traders with solid, robust approaches & models to avail themselves of profit as the market participants stepped back in at fair value prices.
The same scenario occurred again during late 2009/early 2010 on the move down to fresh lows @ 1.1875.
You seem to think that just because there are doom & gloom predictions doing the rounds opportunity will be scarce.
Quite the contrary.
In fact the higher probability oportunities are more elevated out there when fear & greed are at extremes than at any other time in the markets.
If the markets are set to implode, those retailers who have adopted effective & efficient technical models will be perfectly placed to avail themselves of the excellent & exceptional opportunity to profit.
