Thread: James48843 Account Talk

Wow. It just blew through 2900 like a hot knife through butter.

I read the chart wrong yesterday- i said a hard stop at 2790- I should have said a hard stop at 2890.

I think it will pause a little but here, but it happened so fast, I’m 80% sure this is NOT the bottom. We MAY get an uptick later today. If we do- don’t be suckered in- I think there is more downside next week just based on how fast this is fallowing now.


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Oh jeeze- I read the chart correctly the first time. Hard stop at 2790. I got that off the P&F chart, that is a retrace level to about December of 2018.


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Hail Mary, full of grace...

Moving to 80%=C, 10%=S, and 10%=F just for good measure.

Crap- today's move hit up against the 200 day moving average and bounced off of it, and is headed weaker already.

Decisions decisions- do I cancel my Hail Mary?? 30 minutes to decide.

STOP STOP STOP

I just looked at the P&F chart for the "S" fund and changed my mind. Pretty sure now (60%) that we are abut to head significantly lower.

Cancelling my move - staying in G & F.

Here is the P&F that has me concerned.

emw-03-04-2020.jpg

Today's P&F chart of the S fund, (which appears tp be more granular than the C fund chart right now, but tracks almost the same)

03-05-2020-s-fund.jpg

Note to all- this mini-crash isn't exactly following past precedence- its very hard to determine where we are going next. im still on the side of caution right now.

Oh Heck- going 100% "C" fund. Boom!

I see, Down/UP, Down/UP and DOWN/? What's next?bandagesbloody1.jpg

Originally Posted by nnuut

I see, Down/UP, Down/UP and DOWN/? What's next?bandagesbloody1.jpg

This:

Originally Posted by James48843

Oh Heck- going 100% "C" fund. Boom!

Cheers!





Too soon?

You'll get a good price at COB!

Damn.

Definitely going to need a Corona tonight.

With a near 4% decrease today, I just lost $33,000 in one day. (Was counting on that to be a gain today, with a 273,000 positive jobs report and a whipsaw off yesterday's loss).

It's gonna be a tough one.

(Clink).

Coronavirusbeer-e1580316535224.jpg