Tough call.
What are the odds that the weekend will result in a one-day jump on Monday? In and out over a weekend?
Risky. (Flips a coin)
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I've no yards to mow today, so I'll play.
The urge to buy is real. It's what we've gotten used to over the last few years. A lot of folks must be sitting on the starting line waiting for the pistol to fire. It's tough to sit by idly when you know that any rally is going to be explosive.
Scott Harrison
Senatobia, MS
Tough call.
What are the odds that the weekend will result in a one-day jump on Monday? In and out over a weekend?
Risky. (Flips a coin)
Sent from my iPhone using TSP Talk Forums
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Did somebody say Whipsaw?
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
I am saying the breakout is confirmed and momentum is down except for buying to try to slow the S fund drop down after being 20% down. JMHO So, watching the Midterm box and may drop the bottom to PPT1 level if it holds as resistance on the way up. For the Perma-Bulls I made the bottom of the consolidation a Dead Cat Bounce to gage it buying will continue. My thinking is that the bottom tails are efforts to turn the tide before the C Fund follows:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
If you think a bottom is forming let me know because there's a 60/40 chance that you will see it before me. I have a slight bearish tendency I can't rid myself of. The point by point comments in the previous post is on my thinking and may not be 100% correct so I will take 60/40. Please comment if you have something to say about direction.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Don't take my comments as trading advice /IFT: 4-24-24=50G- 50C https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
Being illegal has NEVER stopped Wall Street B4!
Hi Bquat! Hope all is well! I've been out on the lilly pad since the end of last year expecting this drop...boy it has been a long wait. I'm not calling a bottom but i will say that at this point I would like to see the SnP drop another 150 points or so before even thinking about looking for an entry.
Someone on here made a comment a year or two ago citing their moves over the years along with their returns. Forgot who it was but their 5 or 6 moves over 15-20 years had close to my returns with me making several moves a year. I must say that their way is much easier, especially in retirement. I figure I waited this long, I can ride this bear down as long as it takes...
This is an exhaustion move. Spidey is satisfied. I don't know for sure this is it but 60/40 thinking it is because I have too. We need to form a bottom here:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
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) |
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