So, I'll stay for another day, or so... maybe longer?
Futures are tuning green before the open, hopefully a good day. The question is, should I stay or should I go now? (a nod to The Clash)
Would be my first IFT for Oct. Do we rally from here to the end of the year? Hmmmmm.... I do see many on the AT taking defensive positions. Similar indicators with MACD and positive divergence ran into a short down turn and then on to new high at the end of August, followed by a big drop.
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!
So, I'll stay for another day, or so... maybe longer?
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!
Ditto on the Clash’s famous last words. please keep posting. I am on your heels and don’t know what I’m doing.
Futures are UP! I agree with CH, I think the fed pumping is adding to market strength right now (don't fight the fed?). I think the economy is stronger than being reported, at least from an employment standpoint. Wahinepio, glad to see you're active on the board, we need more folks thinking and posting; I may not be the sharpest spoon in the shed at this, but I give it the old college try, right RF? I've tried to take a much more patient and longer term approach considering the limited moves available, its still a challenge as I jumped in too early and caught the drop a couple weeks ago, but then who knew? Keep reading and checking out the vids, it'll make sense after a while.
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!
HI Whipsaw. I am just wondering when the music is gonna stop? i.e. Fed pumping in money. Gotta look that up.
Also VP Pence will be talking soon.. maybe on China, so that could be a market mover today.
In any case, I am thinking I need to exit today. Close to end of month, surgery tomorrow and would like to be stress-free during recovery.
Best wishes to you and everyone* on your investments!!!!!!
Love that Clash Song. Here is a live performance-- Enjoy!
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
hi... here is article on bond buying … looks like second quarter of next year is when it ends... But on Oct 30 Treasury also announces its plans. Plus I think Fed makes announcement too.
Humm... next week could be interesting..
https://www.bloomberg.com/news/artic...nd-on-treasury
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
Thanks DBA, best wishes and see you back here soon!
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!
Thanks for the invite, Whipsaw. I have nothing to bring to this forum. I can’t even upload a YouTube video or I would upload Whippin Post kind of relative to your name. But I do glean much from so many of you and for that I say thank you all!
It’s kind of how I’ve felt since I jumped all in at the beginning of last October. It’s been a wild ride.
Strength today seems to be on positive developments in trade talks with China. I'll take it!
Now, my thinking is a move to safety today, see what the weekend brings... I still have a move left to get back in before 1 Oct. Hmmmmmm.... decisions, decisions...
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!
Going with the safety play! 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!
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