Article: Will the FOMC statement start the overdue Santa Claus rally?

[Pascal]

You can view the page at http://www.effectivevolume.com/content.php?4232-Will-the-FOMC-statement-start-the-overdue-Santa-Claus-rally

[NZ8I]

Pascal,

Thank you for youer excellent, honest research and comments.

Charles

[stharp]

Pascal,
Your dedication to creating factual information, day in day out, is appreciated. Thank You!
I weigh my opinion against yours, daily, to arrive at buy, sell, hold decisions.

The FOMC meeting and sabres rattling over spending budgets, the wall, Democrat's obstructionist behavior, threats of government shutdown, these are dark clouds. We'll have to get to the other side of these events before money might have a chance to flow.

As for AAPL, we are approaching a milestone landmark. A baseline price set on 8/28/2017 of $164 was the last high before the ascent to $225. If this threshold is perforated, we will have to wait for a new definition. I am waiting and watching (what I would like to happen) for the event of the price to hold in the 156 to 164 range, while Big money pushes up the EV and a Small money comes in to reinforce a price movement upwards. $158 and lower is an ideal price should the EV components indicate an upturn.
Steve

[Pascal]

Pascal,

Thank you for youer excellent, honest research and comments.

Charles

Thank you Charles.

Always happy yo get a positive feed-back.


Pascal

[Pascal]

Pascal,
Your dedication to creating factual information, day in day out, is appreciated. Thank You!
I weigh my opinion against yours, daily, to arrive at buy, sell, hold decisions.

The FOMC meeting and sabres rattling over spending budgets, the wall, Democrat's obstructionist behavior, threats of government shutdown, these are dark clouds. We'll have to get to the other side of these events before money might have a chance to flow.

As for AAPL, we are approaching a milestone landmark. A baseline price set on 8/28/2017 of $164 was the last high before the ascent to $225. If this threshold is perforated, we will have to wait for a new definition. I am waiting and watching (what I would like to happen) for the event of the price to hold in the 156 to 164 range, while Big money pushes up the EV and a Small money comes in to reinforce a price movement upwards. $158 and lower is an ideal price should the EV components indicate an upturn.
Steve


Hi Steve.


Good to see that you are following my comments.

To be honest, I primarily use these comments for my own trading. Writing these comments is a great help to structure my trading day, even though I am in cash for now.


Pascal