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Brave we must be, yes. I did not see weakness after the big drop and this is a big tail forming.I got my sticky pants on. Must be brave.:blink:
FCPTTIsn't the PPT a wonderful thing?![]()
Flash Crash Profit Taking Team.FCPTT![]()
Flash Crash Profit Taking Team.
Brave we must be, yes. I did not see weakness after the big drop and this is a big tail forming.
Finally increased volatility in the market. Day traders are loving this. Me I'm holding on but have some fear in the back of my mind. Many say a dip is the best thing for this market but I'm not smart enough to know how big of a dip is needed. I think the bottoming tail today has a 60/40 chance of being enough. Do you?
Yes I probably would of jumped 50% in because I would think I would have a 3% advantage on the ones (like me) that are in and hold the other 50% upon confirmation: IE: I would go down at half the risk of the possible 2% of drop and have the other 50% for an up move. This doing 100% is a little new to me but I'm trying more risk this year. I didn't get out 50% today because of the drop and pop move today. I am not a top notch TA man or charter but I believe providing charts help others see things I sometimes don't. I provide the charts and anyone can comment on them. Also the advice I give taken in context is from someone low in the auto tracker. That's why it's free.When I saw your S&P chart, I see a ladder downward. If you were still in the F Fund would you jump into the S Fund right now?
I am biased I guess, but charts aside seems like there are more market movers afoot that will either sustain current levels or lead to declines.
Since I am no longer able to contribute to the TSP, I don't regret missing out on big moves up as much as I hate being in the market when big moves happen downward because I can't DCA anymore. I guess the interest from G Fund is my pat on the head.
Yes I probably would of jumped 50% in because I would think I would have a 3% advantage on the ones (like me) that are in and hold the other 50% upon confirmation: IE: I would go down at half the risk of the possible 2% of drop and have the other 50% for an up move. This doing 100% is a little new to me but I'm trying more risk this year. I didn't get out 50% today because of the drop and pop move today. I am not a top notch TA man or charter but I believe providing charts help others see things I sometimes don't. I provide the charts and anyone can comment on them. Also the advice I give taken in context is from someone low in the auto tracker. That's why it's free.![]()
Birch always says it's not a loss until you sell at a lower level. So by that strategy I made a good move as long as I don't sell.Thanks for the time you put into the charts, they make me think and want to learn. I understand what you are saying on advice, we should all perform our own due diligence. That said, I do regret not moving into funds on Friday 27 June, but I had vacation on my mind that day. Given my nature, I would have jumped out quickly.
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