Thanks DBA! Should I stay or should I go now? I'm thinking we have more upside, not sure how much. Still have another IFT... Hmmmmmmmmm.
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!
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
Recommendation for those thinking of moves...run 1 year charts first. May give you a better feel. That said, I missed this recent pop so make your own opinions.
I gave serious consideration to running for safety today, but decided to hang in for one more day in anticipation of good news regarding Mexico negotiations and tomorrow's jobs report.
I dug myself a pretty deep hole in May, so an exit to safety to protect recent gains (lost 5.90% in May, gained back 2.71% as of COB yesterday) would seem to be a prudent move. Still, this trade will end negative, but it could have been a lot worse.
Taking a gamble and hoping it will pay off. Then again I'm not near the bottom of the Autotracker because I'm some kind of an investment genius...
Good luck everyone!!!
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
Nice moves, everyone! I didn't make it to my workstation in time to do anything, which is fine at the moment. I may regret it on Monday, at which point I'll be in the S-Fund till I retire, or maybe move to the C-Fund, seeing how S is @^%!@#$! I'm still 2-3% shy of my entry. I'm learning, and re-learning, some things. Happy Friday everyone! Have a great weekend!
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!
Hey everyone! 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!
Just proves my point..."Even a blind mouse finds a piece of cheese every now and then."
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
100% G COB
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!
Flipped a coin last week on expectation of further downside, only to see potential bull flags... if my position is any indicator, they will pop to the upside. I still have an IFT to get back in... No telling what the FOMC meeting will come up with. Maybe I'll get lucky with a better buy in.
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!
That's what makes this market so frustrating. And then to rub salt in the wound I have to periodically look at the Autotracker and see all the folks with double digit returns. It's enough to make a fella want to run out into the middle of traffic...
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
May the force be with us.
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.
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