Investors....come in please!
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I'm surprised it didn't drop more after yesterday's news.
I was free and clear of the market today - should have shorted at or before THAT news.
Originally Posted By: cmhj
Should we drop for a week or more from current levels that could trigger another buy in
A week after that mid week hi we again bottomed & turned back up.
Hey, I don’t make this stuff up. The header here is patterns, which is why I mentioned the possibility of it hitting. The irony is it also fit the VS/T & S/T cycle projections pretty darn close for an ABC rally from early July into today or early next week.
Anyway I found myself at home today, which was unexpected so I’m dropping in.
Today all self directed MF owners were told to sell the mid month purchase if they didn’t take it all or part of it yesterday. Next week could also be a key point but need to run the systems rack as I’ve been out for a while.
Had said I'd give you an I/T trade and there it is.
Should we drop for a week or more from current levels that could trigger another buy in
A week after that mid week hi we again bottomed & turned back up.
Hey, I don’t make this stuff up. The header here is patterns, which is why I mentioned the possibility of it hitting. The irony is it also fit the VS/T & S/T cycle projections pretty darn close for an ABC rally from early July into today or early next week.
Anyway I found myself at home today, which was unexpected so I’m dropping in.
Today all self directed MF owners were told to sell the mid month purchase if they didn’t take it all or part of it yesterday. Next week could also be a key point but need to run the systems rack as I’ve been out for a while.
Had said I'd give you an I/T trade and there it is.
JHZR2
Staff member
Im expecting to see 950 before we go back up...
My indicators show a short term bottom right here,
with an upturn lasting for several weeks and several
hundred Dow points.....
with an upturn lasting for several weeks and several
hundred Dow points.....
Sometime this week...today(?) we need......capitulation.
I'm ready to start my new homemade mutual fund! PAULX:
SDRL
CLPHF
NMM
SB
ARNA
AZN
CTL
CNSL
CS
CXO
DTEGY
E
EGO
FFRHX
FGMNX
FSICX
FTR
GG
HE
KMR
LINE
MCHP
PM
O
TYG
VTR
VZ
WRE
YLWPF
You may copy this at your own risk. This is just a portion of my assets. Not tiny, maybe 30-35%. I've been compiling this for a few months. From IBD, PF, BITOG, etc Most are top notch companies. Some provide good dividends. The funds are some anchor income. A couple are "flyers".
I'm ready to start my new homemade mutual fund! PAULX:
SDRL
CLPHF
NMM
SB
ARNA
AZN
CTL
CNSL
CS
CXO
DTEGY
E
EGO
FFRHX
FGMNX
FSICX
FTR
GG
HE
KMR
LINE
MCHP
PM
O
TYG
VTR
VZ
WRE
YLWPF
You may copy this at your own risk. This is just a portion of my assets. Not tiny, maybe 30-35%. I've been compiling this for a few months. From IBD, PF, BITOG, etc Most are top notch companies. Some provide good dividends. The funds are some anchor income. A couple are "flyers".
I can say I had an excellent week. Truly good.
Originally Posted By: TheLoneRanger
My indicators show a short term bottom right here,
with an upturn lasting for several weeks and several
hundred Dow points.....
This was indeed a good week; it's time for a relief rally
but the technicals also look good. On the stocks I plot, the
MACD is turning upward if not already crossing. I stand on my
previous posting and believe this rally will continue....
Anyone here use candlesticks?
My indicators show a short term bottom right here,
with an upturn lasting for several weeks and several
hundred Dow points.....
This was indeed a good week; it's time for a relief rally
but the technicals also look good. On the stocks I plot, the
MACD is turning upward if not already crossing. I stand on my
previous posting and believe this rally will continue....
Anyone here use candlesticks?
Another great week. Added a couple more stocks. Most all in my fund are doing well!!
What's going on - the world is set to collapse (along with our financial system) next year, yet stocks are doing OK.
Originally Posted By: Drew99GT
What's going on - the world is set to collapse (along with our financial system) next year, yet stocks are doing OK.
Pretty much all my stocks have doomsday prevention:
Order Type Trailing Stop Limit at $XX.XX
Trail Amount 8.00% Based on Last
Not bullet proof, but helpful for prevention of donkey loss. Good gold companies as well. Great companies still exist.
The thing of it is, sometimes the stock market is too good to ignore.
What's going on - the world is set to collapse (along with our financial system) next year, yet stocks are doing OK.
Pretty much all my stocks have doomsday prevention:
Order Type Trailing Stop Limit at $XX.XX
Trail Amount 8.00% Based on Last
Not bullet proof, but helpful for prevention of donkey loss. Good gold companies as well. Great companies still exist.
The thing of it is, sometimes the stock market is too good to ignore.
after watching my Father lose it all in the last big crash we regard the stock market as the financial equivalent of the dog track!
He could NOT sell anything, no one was buying.
He could NOT sell anything, no one was buying.
For sure the last dive shook some amateurs out. Some actually learned. Some had stones enough to buy when no one was buying.
Your father should have used trailing stops....
Your father should have used trailing stops....
Originally Posted By: Warstud
Originally Posted By: Pablo
I can say I had an excellent week. Truly good.
Good for you!
Looks like were in low volume trading range between 1040 and 1130 on the SPX.
Getting close to that 1130 top again on the SPX.
Originally Posted By: Pablo
I can say I had an excellent week. Truly good.
Good for you!
Looks like were in low volume trading range between 1040 and 1130 on the SPX.
Getting close to that 1130 top again on the SPX.
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