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Or you can now use TapaTalk again!Whipsaw's Account Talk
- Thread starter Whipsaw
- Start date
ravensfan
Well-known member
Question is, will there be follow thru on Monday or is this just a one day bounce??? If I knew the answer to that, I would be a lot closer to the top of the Autotracker than the bottom. :worried:
Whipsaw
Well-known member
Same here, I may be heading for the exits... I can't tolerate another ride to the bottom. Kendall report is talking of visiting the previous lows with elliot waves in sets of three for a good bit of up and down consolidation. Maybe an opportunity to swing trade? At some point I'm going to owe TSP money! D:
DreamboatAnnie
Well-known member
Wish I knew what market will do. I have several ideas but... no telling. I am thinking to reduce exposure to 10% ...that is based on my situation... I was only invested 10% for drop yesterday when I bought 50%, so exiting that 40% will offset some of the loss. 17 minutes to decide.... I dunno… going back n forth... could just stay in or go to 25%...eeeee...decisions decisions… 12 more trading days left in month. Best wishes!
DreamboatAnnie
Well-known member
Hi Whipsaw, It's probably for the best! Market now back up to +526... seems to happen near noon cut off. Can't help but feel we are being played! Ugghhh….
So, I reduced exposure ...but still in 30%.
Hope you have a Great Weekend* !!!!! :smile:
Rod
Well-known member
I've been listening to him since early May and do not recall any recent mention of retesting the 23 Mar lows. Of course, he is not adamant (like Pivot Point is) about retesting the 23 Mar lows. Unlike Pivot Point, Bob Kendall allows his system (and not a stubborn bias) to steer his decision-making. That's why I like listening to what he has to say. But, I will not make any moves yet based upon his analysis because I am still putting him to the test. As of now, I trust my gut more than what any one person has to say about this market.
rangerray
Well-known member
That's my thinking. I'm betting on that channel. It seems to me that it will continue to work until it doesn't, then back away.
Whipsaw
Well-known member
Kendall report posted this morning indicates that an up leg is expected followed by another, larger, down leg. Watching the action today will inform his further analysis this evening. I'd like to see the upper gap get closed first, if I can step aside for the next down leg, I'll be a happy camper.
Rod
Well-known member
oceanminded18
New member
Me too WS, what a crazy day in the markets...a whole lot of movement, glad we ended up in the positive territory. Let's keep it going please!
bmneveu
Well-known member
genod
Member
Can't fight them
Not when they print and pump like this....
Sent from my iPhone using Tapatalk
Futures are up!
Now wondering if there are any legs under this push up...
Do we worry about the gaps?Similar threads
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