Exiting to G Fund. Looks like an up day. But the indicators I follow say exit even with the up day...… PLUS I must acknowledge that I did not follow through on my plan. The plan was to enter on last week on Monday, which I did, but then exit last Wednesday--which I did not do. That would have resulted in a positive trade IF I had followed the plan. But I did not... too dang greedy, so exiting today gives me a small loss. But given the uncertainty of China trade and indicators/strategy, I am getting out and will wait for a better entry in accord with my strategy. Bottom Line: Will wait for the Christmas rally and I'm sure it will come.
BEST wishes to you all in your Investments!!!!!!! :smile:
P.S. hi Whipsaw and I am happy to be back. Hoping to comment more, but will see..... not a whole lot to say. I do not wish to lead anyone astray. My read of charts indicates more downside coming before Santa shows up. But if a trade deal happens, it would definitely go up. IMHO --Pres Trump stating he does not think a deal happens until after 2020 election was said because that really would give him the best leverage in any deal with China, he feels strong right now and can squeeze more out of them. China reneged in May after having agreed language and that was at a point when they could see some chance of Pres not winning in 2020 so they reneged knowing they had upper hand. They do not want to give up their "cheatin" ways or to give the ability to hold them to a verifiable agreement. However, with all the recent impeachment issues, polls indicate Trump gaining strength and this gives him more leverage in the China negotiations as they probably are starting to believe he will win in 2020 and that they will have to deal with him and that he will have the upper hand next year--more leverage That means they may feel they should go ahead and deal now instead of waiting--- so I am thinking a deal is very possible. But now Trump can harden up on his stance to try to get more out of them. Will see how this poker game ends. I love it!!!!!
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But I think I will stay clear of market until after Dec 15, when next set of tariffs could kick in. Oh... and hope you had a great Thanksgiving too!!!!
PSS. Hi Wahinepio--- we had sweet potatoes (easier to peel than yams). This year we used fresh sweet potations and used the old fashioned potato peelers and then roasted them (50 mins) and then added all the brown sugar, cinnamon, pecans, nutmeg and topped with marshmallows for the last 15 mins. Turned out yummy!!! Not super sweet but very good sweet. The canned yams is what we used in prior years and recipe on that can always turned out way too sweet... but they always go down!!! hee hee hee
