Hello Norm , been a spell , still playing with the old hotrods buddy , living the dream
DAMN Market is NNUUTS! Who's driving this truck? UP DOWN UP DOWN is CRAZY!!pepelepew.gif
When is the last time the 50 went under the 200 moving average in the S&P?
April 2021!
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Looking at Tom's chart, could the 50 crossing the 200 indicate a bottom?
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!
Humm...check out Tsunami's thread...some very interesting links. Sounds like we could have bounce Monday due to extreme sentiment spread between bulls and bears... But yes, more pain eventually coming. I'm just looking for a cracked window to leap out!
Don't take my comments as trading advice /IFT: 4-24-24=50G- 50C https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
..okay..the good news is that futures are up at this time Nnuut! . But I agree with you..the downside is not over... I think it stair steps down over the next couple months. I guess we shall see. Best wishes to you!
Last edited by DreamboatAnnie; 01-24-2022 at 12:27 AM.
Don't take my comments as trading advice /IFT: 4-24-24=50G- 50C https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
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