Poolman's Account Talk

Well, It looks like I missed this two day rally. I can't say I haven't thought about chasing it but I've done that before and got burned. I don't know if this will be buy the rumor and sell the news. :confused:

It looks like the easy money has probably already been made depending on today. Market's look like they are sure a stimulus package will pass this evening. The News is there for the markets to adjust too.

I will sit tight where I am right now (100 - G) and look for another opportunity. I think I will have to adjust my strategy and stop looking for quick in and out plays. The thing I have to remember is We Are Still In A Bear Market.
 
Everytime I try chaseing a two day rally I think it will be a three day rally and get bit.......I am at 100G now too for the first time in a long while and i think i will err on t he side of safety this time befor i jump in.
 
Well, It looks like I missed this two day rally. I can't say I haven't thought about chasing it but I've done that before and got burned. I don't know if this will be buy the rumor and sell the news. :confused:

It looks like the easy money has probably already been made depending on today. Market's look like they are sure a stimulus package will pass this evening. The News is there for the markets to adjust too.

I will sit tight where I am right now (100 - G) and look for another opportunity. I think I will have to adjust my strategy and stop looking for quick in and out plays. The thing I have to remember is We Are Still In A Bear Market.

Yes, WE ARE:

I'm sure you already noticed that SPY closed right on the 50 dma. Last two times it did that it lasted no more than 5 days, before going below again for at least a week. There isn't much spread between 10-50 dma's; i.e., tight trading range, for now.

600,000 more lost jobs and another buy bad news up day for the market last fri. Doesn't make sense, to me. But second time in 3 months.
 
Thanks Guys, My head feels like a Lead Weight.

No change for me today. 100 - G

I had bronchitis - imo you need to see a doctor if it is getting bad or lasting awhile; it can get worse, last a much longer time, and lead to pneumonia, infections, and/or associated lung scaring/nodule (like it did with me), which can show up later on x-rays and look like cancer (it's not) and scare you half to death with tests.

A visit to a doctor for determination of need of any medications (prometh, antibiotics, etc.) or tests may be in order. Really helped me after 1-2 months suffering. Don't be a tuff-if-out guy, at least that's my honest recc.

Get well soon.
 
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