DreamboatAnnie
Well-known member
Hi Glad to have found TSP talk. Have viewed for weeks now and just joined. great site and look forward to learning how to increase my earnings. Great site!!
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Hi Glad to have found TSP talk. Have viewed for weeks now and just joined. great site and look forward to learning how to increase my earnings. Great site!!
DreamboatAnnie.
Lemme Guess you like 70's Classic Rock, right? Like "Heart"? :toung:
Welcome to the forum and good luck!
http://www.marketwatch.com/column/asia-stocks-to-wa - interesting article on Chinese company stocks in US market. not sure how this affects overall market if they pull out.
bummed to see that market / Dow continues to go down after fed comments but surely as Bt said it is program trading and I don't know what that is. However still feel market will bounce back up .. at least short term. and At least enough to get out with something as I joined the game so late. Thought I had prematurely took too much off table a week ago but appears not... But will see .. Think market will go up more before EOM. Wish i had more IFT. that really sucks! at 85G/15S..very conservative. think I will stay in just to see. Looking at bollingers, relative strength and MACD. MACD lines came together so looks like market can go either way. rSI dropped a bit to 60. candle with wick down and nothing up so moving downward seems more probable and hit 20 day EMA. So looks like going down more . Only thing that seems promising is overall bull market and that. BB looks to be contracting upward. So in a week or two maybe set up another higher rally??? Keeping an eye on it.
Thanks for comment! Will try learning more about option set ups and liquidity.The powers that be cannot push this market higher without reloading from time to time. Liquidity remains strong, but has fallen off enough over the past couple of trading days to allow selling pressure to take prices lower. There are very good odds that this is once again a temporary decline before a continuation of the bull market. There are more moving parts than this, such as sentiment and options set-ups, but this market is more about liquidity than anything else right now. And until that changes, we are likely resolving higher.