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I'll be sure to exit in December like I did last year!
Re: Whipsaw's Account Talk
Steve Forbes thinks so.Originally Posted by Whipsaw
He says (I'm paraphrasing) 4th quarter will give a FALSE (positive / good) signal as people are determined to have a good Christmas Holiday and are spending and running up Credit Card debt, but we'll pay for that come 2023.
His audio cuts out for about a second, but you get his message anyway.
..
I'm not much to bitch about stuff, but I really, really miss the AMERICA that I grew up in.
Re: Whipsaw's Account Talk
I'll be sure to exit in December like I did last year!
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!
Re: Whipsaw's Account Talk
Holy rally-to-the-close, Batman!
Every once in a while, things work out.
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!
Re: Whipsaw's Account Talk
I think we're back in 'good news is bad news' territory, good news for the economy and the market is bad for the fed and its mission to stop inflation. I'm hoping the seasonality holds through the end of December and we we continue to see the market rise. Then, I guess, all bets are off!
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!
Re: Whipsaw's Account Talk
Similar to Epic's post, Briefing's 'The Big Picture' suggesting seasonality holds through the end of the year then 20% down...
The Big Picture (briefing.com)
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!
Re: Whipsaw's Account Talk
Alright, enough fooling around. It's time for one of those rallies like we got last week!
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!
Re: Whipsaw's Account Talk
I mean it,this is screwing up my positive balance for the year!
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!
Re: Whipsaw's Account Talk
I HATE it when this happens!
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!
Re: Whipsaw's Account Talk
No way! That's AWESOME! Thanks! I may have to swap in for my Avatar on occasion.
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!
Re: Whipsaw's Account Talk
We may be gaining a little ground here. Shhhhhhh, don't look... you'll spook it...
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!
Re: Whipsaw's Account Talk
The weekly chart for SPX is not very encouraging.
S&P 500 Index, SPX Advanced Chart - (S&P US) SPX, S&P 500 Index Stock Price - BigCharts.com (marketwatch.com)
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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