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Thread: James48843 Account Talk

  1. #1165

    Join Date
    Apr 2005
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    Default Re: James48843 Account Talk

    So- here is where we are.


    The small caps have taken it on the chin- and are now down considerably from their earlier levels. The P&F chart is showing its about to hit the 200 day moving average. Which is fine.
    chart-EMW_120621.png

    On the other hand, the S&P 500 is still holding on to near record highs- not anywhere near the same level of pullback.
    chart_SPX_120621.png

    I'm thinking either the the S&P500 and the small caps both being to make a fllor around here, (or slightly less),

    --OR--

    it's going to be a very short bounce up this morning, and then continued falling this week ahead.


    WHO KNOWS?

    Not me.

    Have a great day.

  2.  
  3. #1166

    Join Date
    Apr 2005
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    Default Re: James48843 Account Talk

    I'm very concerned again about where we are today, and where we are going in the very near term. Thinking we're going to lose about 5% in the next week or so.

    We shall see. Unfortunately, I'm fully invested today- so I'm going to get creamed. Win some, and lose some, I guess.

    Good luck!

  4.  
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