Futures appear to have bottomed at 0400 and are recovering, somewhat...
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....pssst... MaStA....
I'm in Suffolk
But don't tell anybody...
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!
Rally to the close! Whipsaw makes a buck!!
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!
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!
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.
Almost like companies announcing earnings or the Gov putting out numbers. Media has a way of putting a spin on it even if it really isn't good news. CNBC current headline is "Nasdag hits record high after Iran retaliation is less than feared". Makes you wonder how bad it had to be to meet what "was" expected to cause enough fear.
I feel with the Feds intervention if trouble starts with anything i.e political, international, or financial that we have been lulled into a false sense that nothing is ever as bad as it seems and the media runs with it. Had this happened prior to 08 the news wouldn't have reported as "Not as bad as we feared".
Could it be that injection of liquidity --$99B has something to do with market not dropping this morning? Just saw Repo Panic thread that Tom put out. Great comment by James!
Feel like getting in , but charts not saying that plus want to wait to see what President says in a few mins. Humm….
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
I'm not clear on the fed pumping (how much, how long), it's been said on this forum 'don't fight the fed.'
At any rate, not sure about what comes next. Tempted to step aside, but at the same time...
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!
Allocations as of COB Dec 28 : 100% S. | Retirement Date:Dec 2025
Past Returns: 2020 31.85%,2019 27.97%,2018 -3.36%,2017 13.10%, 2016 -1.79%, 5Yr Avg 12.61%
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