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Or you can now use TapaTalk again!Whipsaw's Account Talk
- Thread starter Whipsaw
- Start date
FireWeatherMet
Market Veteran
- Reaction score
- 162
Futures are UP!
I'm thinking along the lines of Tom's commentary today, we pop over the 50 day and then head south. May take profits (recouped losses :cheesy
today.
I was thinking that too.
Thinking short term we bust thru the 50 Day, but in the next few days get stopped solid at the 200 MA.
Whipsaw
Market Veteran
- Reaction score
- 205
I'll be out for the month if I bail, you think we'll be lower at the end of the month? Was going to hold, but we rose well into mid month.
- Reaction score
- 577
Futures are UP!
I'm thinking along the lines of Tom's commentary today, we pop over the 50 day and then head south. May take profits (recouped losses :cheesy today.
Would be nice to jump on the lily pad but if I do I would take at least a 6% loss. Got to keep the sticky pants on and ride it out. That reminds me, I have to put in another order for a sticky pants refill.
Whipsaw
Market Veteran
- Reaction score
- 205
Man, you're only right until you're wrong... My original plan was to hold through the end of the month, the strength threw me thinking we'd have a pull back by now. Sooooo.... if Nasa's post is on target and we start a leg down... still, two weeks to re-enter... it may bottom and be above my exit my then... Hmmmmm.
So, on that note, have a great long weekend everyone!
Charts look good for continuation. I too am not convinced. And have been especially busy so haven't been able to watch close enough.
Looking at the run Vs. pull back patterns we could see a nice round of consolidation before it really takes off. The volatility has been such that I'm not getting the impression that the market followers are getting the fear of missing out syndrome. Yet. So I too am not chasing. Fridays and Mondays can be most deceiving imo.
Mcqlives
Market Veteran
- Reaction score
- 24
Mostly ditto from me. I'm in but was nervous enough I considered pulling some off the table. Missed the cutoff so was easy to make my decision and stay in through the weekend
Fingers crossed we consolidate and still move up. I'm hoping for the 200 Day MA (2741ish) next week. 20 Day Bollinger bands are near the top but the 50's have room to run up to about 2791. Again, fingers crossed!
Whipsaw
Market Veteran
- Reaction score
- 205
This is getting stupid. Sitting on my hands since last month looking for an Elliot Wave 3 heading south that hasn't materialized. It starts tomorrow! Just watch! At any rate, throwing 50% in, 1st IFT. 20% C, 30% S, 50% G COB. Finger on the exit button.
DreamboatAnnie
TSP Legend
- Reaction score
- 418
Right there with ya Whipsaw!!! I almost feel insane entering at this point. :scared1: But I am glad to have company! I noticed some others jumped in too.
I feel like doing a cannonball and screaming.... Everyone get out!!!! uhh… is a Tsunami coming???? I have a knack for things like this.... lol...
Best wishes to you and everyone!!!!!!! :smile:
Whipsaw
Market Veteran
- Reaction score
- 205
Like clockwork, futures are down... I feel like I'm in the same place after the election before the first big drop, run up, FOMO, blow off top... With luck, we'll get a reaction or two to resistance and burn through, though there are some downside targets at 4% and further.Similar threads
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