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Historically that has worked out well reversing my trades as well.That's why I publish this system, Cactus' Reverse And Profit (CRAP), over in the Short Term Strategies thread.
It's in there with DOOM (Do Opposite Of Minnow).
Re: nnuut's Account Talk
Ya never know with politics guiding the market. All I know is that if I go in do the opposite and versa visa.
Re: nnuut's Account Talk
Historically that has worked out well reversing my trades as well.
Allocations as of COB Dec 28 : 100% S. | Retirement Date:Dec 2025
Past Returns: 2020 31.85%,2019 27.97%,2018 -3.36%,2017 13.10%, 2016 -1.79%, 5Yr Avg 12.61%
Re: nnuut's Account Talk
Sounds like a plan to me!!Originally Posted by Cactus
Historically that has worked out well reversing my trades as well.
Re: nnuut's Account Talk
Hmm, I always wondered what those systems were all about. Thanks for clarifying...Historically that has worked out well reversing my trades as well.Sure hope you are right about a big loss on Friday as the time is growing near to get back in the game...
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
Re: nnuut's Account Talk
All I know for sure IS>>>>>>>>> The MARKET is NNUUTS!!! anxiety.gifbabycry.gif
Re: nnuut's Account Talk
Well, it looks like I'm wrong already about this mornings dead cat bounce so there's no telling what Friday will bring.
Allocations as of COB Dec 28 : 100% S. | Retirement Date:Dec 2025
Past Returns: 2020 31.85%,2019 27.97%,2018 -3.36%,2017 13.10%, 2016 -1.79%, 5Yr Avg 12.61%
Re: nnuut's Account Talk
So, is today the day we get back in...or wait one more day? LOL
Re: nnuut's Account Talk
The "S" fund is getting clobbered.
May the force be with us.
Re: nnuut's Account Talk
Finally!
Weatherweenie's Account Talk
Teddy Roosevelt: Patriotism means to stand by the country. It does not mean to stand by the president or any other public official. Retired on November 30, 2023 with 30+ years of service.
Re: nnuut's Account Talk
Correctamundo!Well, it looks like I'm wrong already about this mornings dead cat bounce so there's no telling what Friday will bring.
Re: nnuut's Account Talk
Well the C Fund bounced off the 50 SMA. As for the S Fund, it's well below the 50 SMA and has a way to go before the 200 SMA. I'm not going in today. Let's see if I'm wrong again.
Allocations as of COB Dec 28 : 100% S. | Retirement Date:Dec 2025
Past Returns: 2020 31.85%,2019 27.97%,2018 -3.36%,2017 13.10%, 2016 -1.79%, 5Yr Avg 12.61%
Re: nnuut's Account Talk
There is a nice Gap that needs to be filled and it will be filled but we don't know when.
SPGap.jpg
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