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Thread: Rod's Account Talk

  1. #1393

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    Lightbulb Re: Rod's Account Talk

    Tonight, Cramer was talking about Tom DeMark. Allegedly, he has an impressive track record of calling tops and bottoms.

    https://en.wikipedia.org/wiki/Thomas_DeMark

    DeMark Analytics

    https://symbolik.com/

    Cramer said he got a call from DeMark on Monday saying, "They thought it was the bottom" (in video below) and that they expect a 10% - 15% temporary bounce from here. Of course, he got that bounce today. One day after making that call. Now, they are looking to retest Monday's lows.

    Now, watch this video of Cramer talking about DeMark:

    https://www.cnbc.com/video/2020/03/2...ys-bounce.html

    The following are Demark's Absolute Retracement Projections:

    S&P: 2,097 (It was 2,191.86 on Monday, 23 Mar)

    Dow: 18,183 (It was 18,213.65 on Monday, 23 Mar)

    I'll be keeping my eye out for these numbers.
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

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  3. #1394

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    Exclamation Re: Rod's Account Talk

    Mr. Market is lost... directionless. It knows it must retest Monday's lows. So, might as well get to it.
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

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  5. #1395

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    Thumbs up Re: Rod's Account Talk

    Quote Originally Posted by Rod View Post
    Now, if by chance it does pass tonight, then we could be looking at a 10% - 20% two-day gain.
    Congrats to those of you who have received some relief and a well-deserved morale boost from this Bear Rally.
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7


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  7. #1396

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    Default Re: Rod's Account Talk

    Oh oh... a lot can happen in 11 minutes... when I posted that congrats post.
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

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  9. #1397

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    Default Re: Rod's Account Talk

    Quote Originally Posted by Rod View Post
    Oh oh... a lot can happen in 11 minutes... when I posted that congrats post.
    And a lot can happen in 4 minutes. How will it close???

    Blame the fizzle on Bernie. He seems to be holding up the bill.
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

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  11. #1398

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    Default Re: Rod's Account Talk

    Quote Originally Posted by Rod View Post
    And a lot can happen in 4 minutes. How will it close???

    Blame the fizzle on Bernie. He seems to be holding up the bill.
    BIG FIZZLE

    Way to go, Bernie...
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

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  13. #1399

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    Default Re: Rod's Account Talk

    On the bright side, at least the Dow has finally posted its first back-to-back gains since 5-6 Feb.
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

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  15. #1400

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    Default Re: Rod's Account Talk

    No FOMO here. Patiently waiting for the retest...
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

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  17. #1401

    Default Re: Rod's Account Talk

    Quote Originally Posted by Rod View Post
    No FOMO here. Patiently waiting for the retest...
    There are gaps above and below which way do we go? Both directions need filled but which ones gets done first. Wish I knew but I'm with you and hoping to see the ones below get filled with a retest. It's hard though with big money pockets Powell turning on all the presses and waiting for a retest could take a very long time. Look how long it took to fill the one from Oct 20 and I may be wrong but there might have been one left from initial Powell Put in Dec/Jan 19. To be honest this is why the 2 trade limit sucks. I know I was out early in the month and even when the price got to where I considered ok I was out of trades hoping to make it to Apr however Big Money Powell stepped in again. Guess this is another lesson I needed to learn in being patient. Thank you Sir may I have another.

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  19. #1402

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    Default Re: Rod's Account Talk

    03/26/2020
    CRUDE Oil
    =$22.60 a Barrel, Daily Status -$1.89

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  21. #1403

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    Exclamation Re: Rod's Account Talk

    Cramer says that algos are programmed to "bring down the S&P" when oil "craters." If so, then this bounce is very suspicious.

    oil.jpg
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

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  23. #1404

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    Exclamation Re: Rod's Account Talk

    Here kitty kitty...

    Cat.jpg
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7


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