So, we continue to climb; does the re-opening have a greater influence than potentially bad earnings numbers? Still no sign that the lows will be tested.
It seems there is an epic battle going on between the virus spread and associated fear, the impact to the economy, the fed pumping and relief bills...
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, we continue to climb; does the re-opening have a greater influence than potentially bad earnings numbers? Still no sign that the lows will be tested.
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!
Maybe FOMO, maybe I am misreading the technicals but I held my breath and put 25% into C and 25 into S with 50 in F. Feel like I am gonna barf. LOL
I've never been this low on the tracker
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!
Does 'sell in May and go away' apply now?
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!
Whipsaw, If anyone can come back its you! I have seen you do it before, and I just smiled in awe! I know you can do it again.. Keep your Chin Up! (...and kick that market's A$$!!!!!)
Now as for sell in May and go away? I have no idea, but market is not acting as one would think. Also, starting to think that if we have a pull back, it may not be as deep. My only support for that is thought that we are opening back up...but will have more ups and downs. I am starting to think it would be good to wade in a bit...thinking about doing that today ir tomorrow, but of course have fear as market is above 80 on Stochastic, but it might be up there awhile...who knows? But I am leaning that way....ugh maybe tomorrow??? Best wishes to you always!
Last edited by DreamboatAnnie; 04-29-2020 at 09:42 AM.
Don't take my comments as trading advice /IFT: 4-24-24=50G- 50C https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
Had my finger on the trigger... didn't have a good feeling.
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!
Yep...I feel ya. Not feeling too at ease with 50% equity buy in. Hoping today's drop will be it...will see....
Don't take my comments as trading advice /IFT: 4-24-24=50G- 50C https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
Opinion: Stocks will revisit their coronavirus crash low, and here’s when to expect it
Published: April 11, 2020 at 4:26 p.m. ET
https://www.marketwatch.com/story/st...more_headlines
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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