DBA Here's something to take your mind off all this market craziness... Enjoy!
Hi Epic, Maybe a little of both...Looks like "smart" money stepping in to take advantage of the knee-jerk panic this morning, or so I believe. Bargain basement prices on some stocks!
They do have advantage of trading at any time of day, transactions placed and processed in less than a minute, no transaction limits, and making money even when it drops by "shorting" the market, etc. We can't do any of those things.
I also believe this could be a quick/short-lived dead cat bounce coming...seems the massive selling somewhat exhausted the market drop (temporarily)...maybe for another day or two??? I can't believe my hope is for the Fed to calm the market...Lol..
Don't take my comments as trading advice /IFT: 2-13-24=100G/https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
DBA Here's something to take your mind off all this market craziness... Enjoy!
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
Thank You Ravensfan! Much appreciated! I love Heart and that song!
It's a great video. I saw them in 2013 and again in about 2015. Sure would love to see them again...
I had VIP tickets in 2013 and got to meet Ann and Nancy Wilson before the show. Ann was smiling but not talking to anyone (protecting voice), but Nancy did. She was very sweet and spoke to me, my sister and my best friend, took pictures and she asked us where we had traveled from. She was surprised to know we had come up from Austin to Kansas City Missouri to see them. Lol... That was fun! Beautiful venue..small Amphitheater called the Starlight and if memory serves we were center stage, 4th or 5th row.
Here is one of my all time favorites...acoustic performance.
Last edited by DreamboatAnnie; 01-25-2022 at 10:53 AM.
Don't take my comments as trading advice /IFT: 2-13-24=100G/https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
DBA. No move today? Guess yesterday was the "deadcat bounce"...
Yes Shitepoke, looks like it....but as I recall, the market climbed after our cut off yesterday. So, it's possible today will turn around as well, but we will see. Still lots of fear. I am waiting until after Fed talk on Wednesday. No exit for me.
It is just so late to exit and yet, no idea when it will stop. The long candle tails yesterday indicate we could be at short term low, but news on Ukraine could continue affecting markets along with our regular earnings reports and such. I need to watch Ira Epstein morning flash video to get more news.
For now, I am very unhappily staying put. I only have me to blame. After entering on 1/11 and reallocating 1/12 away from S fund, I failed to quickly act on the drops that happened the next two days. Then kept hoping and ignored my 2% stop loss. I don't believe in riding it down, and yet I keep thinking it is ready to turn up at least temporarily. Awaiting a bounce...
Best wishes to you and everyone!
Last edited by DreamboatAnnie; 01-25-2022 at 11:09 AM.
Don't take my comments as trading advice /IFT: 2-13-24=100G/https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
Bonds (F) look like they already are factoring in the FED. I think they had already corrected before this rout. The F Fund is already down 5% from it's highs.
On the other hand, the F Fund did not seem to be getting new money as the blood was washing through the streets.
Another reason for the end day recovery could have been auto trades at the -10% mark for the S&P500 and the -20% mark for the Small Caps. We are still in that zone today. We should wait for a break down or break up before we make any calls.
Lookin' up at the 'G Fund'!!!
Absolutely WorkFe. If I were out, I definitely would not be looking to jump in just yet.
But some folks are good at spotting the bottom. For example, I am "exceptional" in this area. I have pinpointed bottoms and exited perfectly, just in time to miss the bounce up and have done this several times!
So, I am not getting out this time! :.... Hummm... Unless I get hurt much more. If you see me put my tail between my legs and walk away, you should jump in immediately! Lol...... I am like clockwork....
Don't take my comments as trading advice /IFT: 2-13-24=100G/https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
Thank you...Great points Boghie! It us much appreciated. I am trying to wait. ...ugh..just still quite sad and about to throw up...ugghh...not sure how much longer I can hold up, but I am trying. Will listen to some more music. This too shall pass! Market is moving up now..but still in the red..
Last edited by DreamboatAnnie; 01-25-2022 at 01:03 PM.
Don't take my comments as trading advice /IFT: 2-13-24=100G/https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
Turnaround Tuesday?
Scott Harrison
Senatobia, MS
What we DON'T want to see is a late afternoon upturn (smart money and lock step buy in at a normal correction point) that ends in a frown. That frown would be 'exhaustion'. Frownies are no bueno
We want smirks damn it, smirks and smiles
Lookin' up at the 'G Fund'!!!
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