I've been tempted two days in a row - couldn't make myself pull the trigger - it will probably skyrocket tomorrow since I didn't
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
Man, heading south quick. May get stopped out if we don't bounce soon. HMmmmmm.. then its back to the lilly pad till June. =:-o
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!
Looks like some bottoming action, holding...
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!
And that's the problem with only having 2 IFT's per month. As soon as you head back to the lily pad, the market will reverse and all you can do is watch and weep...I made that mistake in March and ended up losing 1.03% for my efforts.
So this time I'm staying the course, and yes I got in way to soon.
On the bright side however, Mr. Market seems to be intent on driving me to the bottom of the Autotracker and if that happens it's nothing but up from there.
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
C'mon dip buyers! C'mon dip buyers! Everything looked awesome Friday...
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!
Looks like I'll be heading to the bottom of the AutoTracker today.
I never really cared for Chinese Checkers anyway...
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
Futures are UP! Snapback rally or DCB?
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!
Interesting perspective:
Opinion: The media is lying to you about Trump’s China tariffs
https://www.marketwatch.com/story/th..._theo_homepage
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!
Since a moderator liked the above post, I guess it's a proper post--eligible for a civil response:
Absolutely there's plenty of lying going around, LOL, but one thing is clear: a 25% tariff will result in some things costing about 25% more to U.S. citizens. And I didn't see where he indicated an actual lie of the media.
The lowering of prices he mentioned is a temporary effect. There is an excess amount of product that China stopped buying. These levels aren't sustainable for our farmers. Tax payers are subsidizing farmers. So we are actually paying more than the 'sticker' price the author mentions. Farmers are failing ... and more will fail.
I recommend reading what bonafide economic scholars have to say, and have been saying for decades, about trade wars. The above is just my humble opinion. I'm sure many will disagree--that doesn't surprise me.
[COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]
Okay S&P up 22.54 points today. Only 100 to go and I will be back to even on this trade...
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
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