FS - We still could see that lower low you expect in May, after a peak in the next week or so. Gunner's scenario could be the path...
2304017
I had to reduce exposure. So now at 60G and 40S as of COB today. Took out the 15% I had in I fund. Agree charts looking better at this point but attribute to French exuberance plus earnings are coming in pretty good and more this week. But I expect politics to damper that..later this week...?? Hummmm ... still in enough to make some gains if it goes up further. Trying to not be too greedy!! . But that's so hard!
Don't take my comments as trading advice /IFT: 4-1-24=100G/https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
FS - We still could see that lower low you expect in May, after a peak in the next week or so. Gunner's scenario could be the path...
2304017
Here's an interesting chart in SPX. The patterns look similar. Just FYI.
spxpattern.jpg
FS
FogSailing
Try to learn something about everything and everything about something.
Watching the Yen\Dollar today. The Yen was above and stayed above the 100 Day MA after the Trump victory until about 5 weeks ago. Now it's moving back above toe 100 Day MA again. Don't know if this is a short term play to suck in new buyers. Possibly because it could float the market higher for a "short" period. I expect a correction if\when the Yen declines under the 100 MA. Tried to include graph but can't having problems with my computer. Just FYI.
FS
FogSailing
Try to learn something about everything and everything about something.
Still holding. SPX is a jittery place right now. Several traders are saying if it can break above 2414 it can extend to 2444. Here's a graph of where we are:
spx.jpg
FS
FogSailing
Try to learn something about everything and everything about something.
Article from Tom McClellan Junk Bonds Don't Confirm Higher Highs - Free Weekly Technical Analysis Chart - McClellan Financial
FS
FogSailing
Try to learn something about everything and everything about something.
Some thoughts from Amateur Investor:
Stock Market Analysis for the Nasdaq
FS
FogSailing
Try to learn something about everything and everything about something.
I have been a member of NARFE for almost 20 years. I can tell you I am worried about the budget attacks on our retirements and benefits. If you are not a member, I strongly recommend you consider joining. NARFE does an excellent job of fighting for federal employees and retirees. Here's a link to NARFE.
Protect Your Earned COLA
https://www.votervoice.net/Shares/BO...C44MAqn-wQ7FAA
FS
FogSailing
Try to learn something about everything and everything about something.
fog, you have to take shield maiden to see wonder woman. trust me.
100g
The dollar has been pulling back for a while. The question is "Does it bounce, or is it watch out below?"
dollar.jpg
FS
FogSailing
Try to learn something about everything and everything about something.
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