DreamboatAnnie
Well-known member
Ouchy! Be careful there!Thanks for the good wishes DBA! I just put on another layer of super glue in my sticky pants. Yeesh!

Well... I surely hope it has a nice bounce back up tomorrow and Friday...maybe enough for folks to gain some back.
This market is so very volatile. I was playing around with different Exponential Moving Averages this evening just to see how various settings give cross overs that pan out to give adequate notice to exit before these big red days. No matter what I did it just seems we are in a very tight range and most you have one day to get out after cross over and you still take a hit...though not as much as today's second day punch.
I used 5, 8, 10 day; 2, 5, 7. It just doesn't matter how you slice it...just too volatile. It's almost like you can only stay in a day or two and hope you timed it right on entry. Just so very risky now.
This daily 1-year chart set at 2,4,10. Gosh...just enlarge chart and check out the 2/4 day cross overs!!
S&P 500 Index, SPX Advanced Chart - (SNC) SPX, S&P 500 Index Stock Price - BigCharts.com
I am thinking to jump in tomorrow and just stay in a day, but then changed mind on that....hummm....so much risk.

Well ...like I said earlier, hoping the best for all! Damn crazy market...just so unstable!! I can see it go up a ton and can just as well see it tank very fast. Looking at charts we are at March low levels....definitely could continue its seesaw down to the December or October 2014 level. Tend to think it will do these next two months...so my entry, if I chance it will be very brief!!!
Best Wishes again!!!!!!! :smile: