DOW

Ronmould wrote: Not sure what to make of it from a charts perspective at the moment but from a new perspective the reality is that the vaccine isn't going to have a huge impact this winter. As even once approved and distributed availability is going to be scarce.

Indeed Ron, here's a good article by Bloomberg on the subject:

www.bloomberg.com/news/articles/2020-11-...tions-in-large-study

But do remember that the market always gets ahead of itself, wiping out anyone in the other direction (I took a nice hit this morning!) - and not sure if there's a lesson here to be honest (beyond not trading at all!).

Stops are nearly pointless as they have be super wide during volatility. Now, I'm going to have spend the rest of the week chasing it

Not sure what to make of it from a charts perspective at the moment but from a new perspective the reality is that the vaccine isn't going to have a huge impact this winter. As even once approved and distributed availability is going to be scarce.

Paitech wrote: Hope no one is short here
Covid vaccine: First 'milestone' vaccine offers 90% protection

www.bbc.co.uk/news/health-54873105

I was Paitech - I opened a cheeky short today - and got spanked! (it had to happen right?)

It's a good lesson, but what is the lesson really? I mean it reminds me of Drunkenmiller's quote when he lost billions:

You asked me what I learned. I didn’t learn anything. I already knew that I wasn’t supposed to do that. I was just an emotional basket case and couldn’t help myself. So, maybe I learned not to do it again, but I already knew that.

Hope no one is short here
Covid vaccine: First 'milestone' vaccine offers 90% protection

www.bbc.co.uk/news/health-54873105

Ronmould wrote: 1000 pips in an hour - wow!

...question is now does today turn into a massive shooting star.

I honestly don't know - this isn't is markets as we know it Ron!

...looks like we'll see 30K today whatever happens.