Too late! I'm committed... or I should be committed...
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.
Too late! I'm committed... or I should be committed...
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
Testing the lows, putting in a double bottom, that has resulted in resumption of upward movement in the past. Lets see if that holds true this time, one reason I didn't bail... we shall see.
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
Nnutt posted a technical analysis video last night that looks at weekly charting trend lines which showed that we're at support going back many moons. The analyst expressed an opinion that there should/could/might be one more push to the highs over the next weeks/months before a major dump, but if support fails, look out below. He also characterized the last month or so as a 'blow off top' which was being discussed last fall, having never seen one, didn't recognize the steeper incline as such. I wish I had been hawking the Grock Trade videos, I didn't recognize the weakness in the days prior to the drop and he called the sell. I'm tempted to exit on any strength today, I do have an IFT to get back in. Futures are up...
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
Man, when the markets open to the upside a full percentage and more, and it just doesn't look like much... :-/
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
https://www.marketwatch.com/story/se...ses-2018-02-08
I did get a bargain with my TSP payday buy today...
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
If we don't get much lower I think that would be a 'win' for holding on support. If the Fed changes their tune, we could see some recovery...
If the afternoon accelerates to the downside I'm going into my crawl space and jumping out the foundation vent! ;swear
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
Really interesting Jim Cramer Tweets this afternoon. He is watching VIX products going down followed by Margin calls which bring the market up. He says the next one at 2:45 could be big.
Closing in the green! There's hope! Support held! Drinks for all my friends! Have a great weekend everyone!
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
Futures are UP! I don't think we're out of the woods yet, but holding on has paid off so far... What is amazing is I'm over 13% for the past 12 mo. according to the TSP.gov site. Will be nice when I'm positive for the year again on the AT! The CovaccioCapital video indicates there is still much strength and little to indicate that the market is close to rolling over, right now anyway, that could change of course.
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
First time visiting this thread. I've seen several references to Grok. What is Grok?
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