Call me crazy but the market is behaving just as expected lately in Elliott wave terms and I put one put back in today.
I went 25% C and 25% I, since the I fund is following seasonality perfectly and in fact was positive for the 2nd half of March.
Quarter-end account status... I finished March at -8.38% (the tracker is wrong since I was a day late inputting my exit on 3/11 and 3/12 happened to be a horrific day that I escaped in my actual account, but not in the autotracker)
If things still look like I expect tomorrow (this pullback should bottom in the upper 2300s to mid-2400s today or tomorrow) I will put the other foot in and hope to ride a 2nd leg of the rally up to 2800ish and get back to green for 2020.
Some Elliott wave guys are super bullish and think that the market is heading to record highs from here. I can't swallow that pill yet, but I suppose it's possible with all the helicopter money.
This is a smart dude and he thinks that could happen as well...
https://seekingalpha.com/article/433...bble-is-coming
Awww, very cool, I just snapped a photo of a baby Sandhill Crane out my office window... looks like it must have just hatched within the last day or two...blurry since it's about 120 feet away across the pond...meanwhile look what's lurking in the pond hoping it gets closer...
Chick.jpg
Chick and mom.jpg
Gator.jpg
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