Ladder time:
Futures took me for a loop. JTH called it when it was moving too fast, he said he didn't trust it. So now we're back in a low base:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Ladder time:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Was kinda thinking of 50% S move but with countries raising interest rates I don't know. Sure we can get a Fed pop but I'll miss that anyway. Also, I figure the possible shoulder is just a little over 1% away. So with futures big reversal this morning and mid-term risk/reward at 60/40 I'll pass. Staying put. This is just my speculation.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Now if you disagree speak up quick for others. Yeah you too Birch.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Thanks Bquat, I was ruminating along the same lines... this also maintains alignment with a bounce and a move lower. Will be holding position as well.
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
I'm still 80% "G" and 20% "F" and stickin'. The FED will say anything to cool the markets, but how long will it last? I think the charts are saying they need to drop more in order to call this a correction, but WHAT DO I KNOW?
My feeling is the Fed will not taper its' taper and hold at $75 billion - this will be good for three months - no need to hurry. It's simply a good buying opportunity.
Coiling upfor Fed announcement:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
||
Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
Bookmarks