#DOW20K and a Whole Lot of Ramblings.

By: ShortMeTina

#DOW20K, possible trade wars, tax on imported Mexican goods, “Muslim Ban” and I can go on and on. 
Shenanigans of just one week.  What does this week have in store for us?  I don’t know; I hardly ever know. 

I know the Dow Jones Industrial Average ($DJI) since hitting that psychological level of 20,000 ---going as high as 20, 125.58--- has pulled back some.

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Will we go on to test new highs in the market?  There’s a possibility; I blogged about my views on the SPY here.  But there is also a possibility we have begun our pullback.  You see, what I have learned trading the markets for over a decade is; the markets are uncertain.  I truly believe this and go into every trade knowing this little market observation. 

At any rate, it’s painfully obvious that I am not firing on all cylinders in this blog.  Ha!  I am completely okay with this; writers tend to have blocks.  Hence the title of the blog, “Ramblings”.  This is a very random, somewhat aimless, writer’s block blog. 

Summing up....

What I have been doing these past few weeks is condensing my over 13 years of experience trading into short and to the point observation cards.  I may begin releasing these on a weekly basis as well; if they prove to be helpful. 

That’s all for today.  Check out my first observation card here. 

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