Thread: retread's Account talk

Stepping out to 100G to preserve my 4.15% gains on this trade which put me into positive territory for the year. Next Wednesday there is a big tin foil hat event which could mark a turn. Also I cannot ignore the warning signs the Smart/Dumb money is saying and the charts are getting parabolic. I have one IFT left

Got back in at 20S 20C early last week after C fund came down to 20 day MA and bounced. This week Ciovacco is very bullish saying the low is in, no recession, and the beginning stages of a long term bull run. Kendall says no recession either. Then you have the opposite, doom and gloom, coming from Ron Walker videos. This guy has had it wrong since the uptrend began in mid May. My problem with his videos is he never really shows the label of the things in his graphs, so you really never know exactly what he's displaying. He seems to be a perma-bear too. Wondering if any of you find any usefulness in watching his videos. Here is his latest https://www.youtube.com/watch?v=JxuEOVL_tA8

Hoping for a pull back chance to get back in. Regretting my move to G last Thursday. They played us with the phoney ADP jobs number. Should have known better and kept a little in. RSP and dwcpf proves this is a market that doesn’t want to stay down

Of course the CPI is tamer and futures are exploding. The conveyor belt of pies in the face continues unabated. <sigh>