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Thread: Free money; all you want; buy this week (3/14/16)

  1. #1

    Default Free money; all you want; buy this week (3/14/16)

    Would you look at that:

    Oil down and market mixed. FED to announce rate (non-) decision this week. Options expirations could/should amplify upward move. And, for those who didn't read my other chart, here is my latest attempt to graphically explain my thinking on the subject title of this post; as it mirrors a recent crossover of the ^VIX 20 and 50 EMAs last q4. This is early in the repeating trend, before the 50 and 200 EMAs cross; if that happens (and it well might - or maybe not) it could extend the money grab to May 1. As of now, I see safety in equity funds through ~3/21.16.

    IOW, for free money - buy equities now. All aboard!
    vix_freemoney_031416.jpg


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  3. #2

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
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    64,115

    Default Re: Free money; all you want; buy this week (3/14/16)

    Tomorrow is TURN AROUND Tuesday!!
    1/13/2021
    LS CRUDE Oil
    =$52.91 a Barrel, Daily Status -$.30

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  5. #3

    Default Re: Free money; all you want; buy this week (3/14/16)

    Charts and prediction remain intact (3/16/16); additional upside to come for the same technical reasons and more (oil rebound, interest rate decision, options expirations this week). For anyone who's interested in quick return, this week is about as close to a gift horse as you will see again for the rest of this year. Get in, then get out.

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  7. #4

    Default Re: Free money; all you want; buy this week (3/14/16)

    Quote Originally Posted by amoeba View Post
    Charts and prediction remain intact (3/16/16); additional upside to come for the same technical reasons and more (oil rebound, interest rate decision, options expirations this week). For anyone who's interested in quick return, this week is about as close to a gift horse as you will see again for the rest of this year. Get in, then get out.

    This week, bears got slaughtered; and the guns are still ablazing!

    Toldyaso x3. "Testing the middle of the head?" Make that the hairline. IOW, probably expect at least another day or two of this moonshot.

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  9. #5

    Default Re: Free money; all you want; buy this week (3/14/16)

    Free lunch service has been stopped; any further gains to be considered leftovers (^VIX falls below target and post-August 2015 collapse low of 14.15).

    Sell.

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  11. #6

    Join Date
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    1,811

    Default Re: Free money; all you want; buy this week (3/14/16)



    Cramer indicator says SELL SELL SELL! #BooYa



    I trade based on volume + price action. Price action alone only tells half the story.

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