Stock Market Prediction

[myohmyjustify]

Originally Posted by PaceAdvantage

it's not hard if you have a strategy and you stick to it religiously.

I'm still forming my discretionary strategy...and therein lies the problem.

...

Dick Schmidt would be proud of you.

[lamboguy]

this stock owes me from about twenty years ago and i have been waiting to get this baby.. the hell with their stale french fries and hamburgers that taste like rubber with ketchup on top. time to short this baby

[geroge.burns99]

Originally Posted by lamboguy

this stock owes me from about twenty years ago and i have been waiting to get this baby.. the hell with their stale french fries and hamburgers that taste like rubber with ketchup on top. time to short this baby

just had it last night.....so yummy

[Rex Phinney]

Originally Posted by lamboguy

this stock owes me from about twenty years ago and i have been waiting to get this baby.. the hell with their stale french fries and hamburgers that taste like rubber with ketchup on top. time to short this baby

It's down about 20% from the high, might be a little late for a short play.

[lamboguy]

Originally Posted by Rex Phinney

It's down about 20% from the high, might be a little late for a short play.

i am short until the end of this month and then i will re=evaluate the situation..

these markets looks like there are no bids underneath it right now. i am looking at the real estate markets now for shorts.

[lamboguy]

Originally Posted by Rex Phinney

It's down about 20% from the high, might be a little late for a short play.

good point, i just couldn't help myself on this one

[lamboguy]

https://monetary-metals.com/ukraine-...lation-part-i/

[geroge.burns99]

7:10 AM


Only if it would be 4:00 PM

[PaceAdvantage]

We watched the S&P go up and then go back down a total of 200 points in about 2 hours yesterday...so really...this is like some third world market at the moment...completely irrational...and a day trader's wet dream (if they know what they are doing).

[beach_bum]

https://gettr.com/user/edwarddowd


play y n??

[PaceAdvantage]

Oil dropping like nobody is using it anymore...lol

[geroge.burns99]

Originally Posted by PaceAdvantage

Oil dropping like nobody is using it anymore...lol

but it will take a month for pumps to go down...if nothing happens

but dont get excited...Fed Meeting coming this week

[dlivery]

Originally Posted by PaceAdvantage

Oil dropping like nobody is using it anymore...lol

Yes and wait till putin starts ramping oil production and see how long this will last as one analyst warned this is about the OIL rigs are in great state of repairs and upgrades to new technology to keep production flowing so Putin is clucked.

[PaceAdvantage]

We've been in a solid and established downward trend channel since the beginning of the year.

Last time we hit the bottom of the channel was around Feb 24.

If we hit it again (only approaching the midway point right now), you're looking at something around 3950 or maybe even lower...might take another month....might be sooner...

[myohmyjustify]

Originally Posted by myohmyjustify

There are still too many market-moving events in the very near future so don't be too quick to call the end of the down draft.

We have China invading Taiwan, interest rates, inflation data, and the playing out of the invasion of Ukraine. No one knows for certain
the answer to any of these questions. No one.

If you want to make a market call and bet sooner rather than later, I'd monitor the price/volume of Taiwan Semiconductor before anything else.

Congrats and good luck.

Taiwan Semiconductor (TSM) opened on the day of my post above at $112.39 or so.


Today it closed at $99.30 less than three weeks later.