Rod's Account Talk

[Rod]

I have to admit that I am very tempted to buy in today. But it boils down to a complete gamble on whether the Fed will drop rates

If I were, I would average in. For example, if you are 100 (G), then I would put no more than 10% at risk... 20% max in this current environment. For example, IFT:

90 (G)

5 (C)

5 (S)

or

80 (G)

10 (C)

10 (S)

Hindsight being 20/20, I wish I had done that. But instead, I dove in headfirst hoping to fully catch a relief rally. I won't do that again. And remind me... in case I ever plan to do that again. :embarrest:

 

[Rod]

Hey guys and gals...

NVDA is UP 2.41% and AAPL has recovered 2% (still down 2%).

Could be a good sign!

 

[Rod]

Hey guys and gals...

NVDA is UP 2.41% and AAPL has recovered 2% (still down 2%).

Could be a good sign!

NVDA is now UP 3.27%. AAPL down under 2%.

 

[Rod]

MSFT is UP 0.70.

The CNBC talking heads need to point out these gainers...

 

[Rod]

'Bout time

The CNBC talking heads need to point out these gainers...

 

[Rod]

AAPL is now green!

UP 0.50%

 

[Rod]

Looking more and more like a reversal! We shall know soon!

 

[Rod]

Looking more and more like a reversal! We shall know soon!

Man, those were some wild swings. Just 10-15 min ago the Naz was positive. NVDA is still up +4.70.

 

[Boghie]

This thing appears to be a washing machine with a leak.
This is so dumb, but sometimes dumb is the reality.
Dumb all over, and a little ugly on the side!!!

I stoopidly speculated that smart money would take advantage of dumb money on Tuesday and went aggressive Monday COB. Obviously, that was a mistake. Going to keep 50% in equities (C/S/I) for the rebound, but am not going to guess on when that happens.

 

[Rod]

This thing appears to be a washing machine with a leak.
This is so dumb, but sometimes dumb is the reality.
Dumb all over, and a little ugly on the side!!!

I stoopidly speculated that smart money would take advantage of dumb money on Tuesday and went aggressive Monday COB. Obviously, that was a mistake. Going to keep 50% in equities (C/S/I) for the rebound, but am not going to guess on when that happens.

You did what you thought was best at the time.

 

[Rod]

Down, up, then down it goes. Where it stops nobody knows... until 1600.

But, I'll take the tug-of-war as a good sign for next week.

 

[SoonerCaniac]

You did what you thought was best at the time.

THIS! :notworthy:

 

[Boghie]

Down, up, then down it goes. Where it stops nobody knows... until 1600.

But, I'll take the tug-of-war as a good sign for next week.

And, now UP!!!

I'm going to be 50/50 COB tonight so all is good.
The churn has been breathtaking - but the hype has been amazing!!!

Zooooooooooooooooooooooommmmmmmmmmmmmmmmmmmmmmmmmmmmmm:nuts:

 

[Rod]

And, now UP!!!

I'm going to be 50/50 COB tonight so all is good.
The churn has been breathtaking - but the hype has been amazing!!!

Zooooooooooooooooooooooommmmmmmmmmmmmmmmmmmmmmmmmmmmmm:nuts:

The last 5 minutes of trading will be telling...

 

[Rod]

Here we go...

The last 5 minutes of trading will be telling...

 

[Rod]

There was definitely strength the last 5 minutes of trading!

 

[James48843]

Big volume pour in the last five minutes.


I’m still hesitant about next week. This could just be an overdue bounce rather than the floor


Sent from my iPhone using TSP Talk Forums

 

[Rod]

At the 5-minute mark, the indices were down:

DOW: 729.69

S&P: 68.66

Naz: 123.6716


The closes down/up were: (They might adjust a little more)

DOW: 357.28

S&P: 24.54

Naz: UP 0.8876

Hopefully this is a good sign for Monday's open! :beerchug:

 

[Rod]

Big volume pour in the last five minutes.


I’m still hesitant about next week. This could just be an overdue bounce rather than the floor


Sent from my iPhone using TSP Talk Forums

I'm with you. I don't think this is the floor. I'm hoping it's a setup for a relief rally. Perhaps two in a row. Then it's back down to retest the lows.

 

[Boghie]

I've become complacent with last years easy peasy market.

But, that end of day boom usually is smart money.

Could be a good sign. Could be very good.