nnuut's Account Talk

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Me too but I'm thinking we get a recovery tomorrow followed by a bigger drop Friday for a week ending loss. :eek:
 
Ya never know with politics guiding the market. All I know is that if I go in do the opposite and versa visa. :D
 
Historically that has worked out well reversing my trades as well. :( That's why I publish this system, Cactus' Reverse And Profit (CRAP), over in the Short Term Strategies thread. :sick: It's in there with DOOM (Do Opposite Of Minnow).
 
Cactus said:
Historically that has worked out well reversing my trades as well. :( That's why I publish this system, Cactus' Reverse And Profit (CRAP), over in the Short Term Strategies thread. :sick: It's in there with DOOM (Do Opposite Of Minnow).
Click to expand...

Sounds like a plan to me!!:banana:
 
Cactus said:
Historically that has worked out well reversing my trades as well. :( That's why I publish this system, Cactus' Reverse And Profit (CRAP), over in the Short Term Strategies thread. :sick: It's in there with DOOM (Do Opposite Of Minnow).
Click to expand...

Hmm, I always wondered what those systems were all about. Thanks for clarifying...:nuts: Sure hope you are right about a big loss on Friday as the time is growing near to get back in the game...:rolleyes:
 
Well, it looks like I'm wrong already about this mornings dead cat bounce so there's no telling what Friday will bring. :embarrest:
 
kb9nvh said:
So, is today the day we get back in...or wait one more day? LOL
Click to expand...
Well the C Fund bounced off the 50 SMA. As for the S Fund, it's well below the 50 SMA and has a way to go before the 200 SMA. I'm not going in today. Let's see if I'm wrong again.
 
There is a nice Gap that needs to be filled and it will be filled but we don't know when.:o

SPGap.jpg
 
Well if it is of any consequence, it is barely one hour past the closing bell and the S&P futures are already down more than 1.5%. Not that it will remain that way into tomorrows open, but at this point it appears there is more downside to come. Yep I'm feeling a buying opportunity.:1244:
 
Yeah, the only question is how soon. You don't want to catch the falling knife when it drops like this but I think it will rocket back quickly when it stops.
 
That's why investing reminds me of the game of Roulette. Do I put my money on red or black or sit in safety for a few more spins???
 
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