Just today? :D
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Hanging in there:
I guess this is an overreaction to virus news in South Korea. I'm not going to sell this news because we are entering the oversold area. I can do this because i'm only half in and I think it will return into my new channel::blink:
I was right until this afternoon:embarrest:
Yes I be changing my channels a little more often this year. I'm trying to be a little more fluid with the shorter terms to figure when to use my two monthly IFT's.:notrust: Trying this on my own so there my be more mistakes. The blue line has a 60/40 chance of being a short term bottom and being only half in I can hold for my 18 day::blink:
Fear seems to be increasing. At least we're getting some topping tails as we enter overbought territory:
I have until Friday to decide to make a move.
Some of the talking heads on CNBC are now saying expect drops in the 20-25% range over the next month. Some of these were the same ones who blew off the virus as a non factor for the markets just a few weeks ago. I wonder who gives them their script?
Regardless, caution is warranted