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Old 02-17-2022, 11:03 AM   #3271
geroge.burns99
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I probably shouldn't have been such a pussy with my trade that I posted here recently.

Original stop of 4522 was never in jeopardy...and the indicators I use for getting out haven't been fulfilled yet...so it's no surprise it's heading back down again like a champ right now.

Since I usually don't hold trades overnight, my plan for such trades isn't as firmly established, and you should never trade without a firm plan in mind.

Oh well.
I'm sure your doing way better than me....
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Old 02-17-2022, 11:29 AM   #3272
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A. Never apologize for taking a profit.
B. You had very experienced intentions when you acted.
C. Self doubt doesn't breed future success.
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Old 02-18-2022, 11:48 AM   #3273
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Will 3rd time be a charm ??


Past shows big up side after a double....


uncharted territory coming up.....


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Old 02-18-2022, 12:13 PM   #3274
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Will 3rd time be a charm ??


Past shows big up side after a double....


uncharted territory coming up.....


Doubtful.


What news could we expect in the next 6 months that would move the market higher?
vs.
What news could we expect in the next 6 months that would move the market lower?
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Old 02-18-2022, 12:19 PM   #3275
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I don't see any reason to cover a short yet...even though I did a few days ago...still kicking myself...lol
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Old 02-18-2022, 12:40 PM   #3276
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Doubtful.


What news could we expect in the next 6 months that would move the market higher?
vs.
What news could we expect in the next 6 months that would move the market lower?

WAR INFLATION COVID

Either of these can move market in both directions...

The only thing not moving it , is good earnings

Mike
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Old 02-18-2022, 12:48 PM   #3277
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WAR INFLATION COVID

Either of these can move market in both directions...

The only thing not moving it , is good earnings

Mike

COVID IMO has lost it's pull on the market. Smart money knows it nothing to worry about at this point.


I think Russia could move the needle of the market but that it will be short lived.


Inflation at this level is something the market and the fed hasn't dealt with in 40 years. And it shows. A check of the S&P500 from 1968 to 1982 (the last time inflation was like this) is full on terrifying.

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Old 02-18-2022, 01:25 PM   #3278
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S & P 500 and the 4300 level I keep posting about

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Old 02-18-2022, 01:28 PM   #3279
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S & P 500 and the 4300 level I keep posting about

https://www.youtube.com/watch?v=w_lCi8U49mY
i posted before and said the markets are going down 40% off the top or more by the end of this quarter.
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Old 02-18-2022, 03:25 PM   #3280
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i posted before and said the markets are going down 40% off the top or more by the end of this quarter.
40%???

That means 2880 .....
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Old 02-18-2022, 05:33 PM   #3281
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40%???

That means 2880 .....
thats about right. i hope it doesn't fall to much further..
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Old 02-21-2022, 06:20 AM   #3282
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you will never be able to buy more goods and services than you can TODAY. if you can get your head wrapped around that, you will be able to develop some inclination as to where things are headed.
i like going back in time on these threads and this one was from April 2, 20220. seems like this is happening now
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Old 02-21-2022, 06:30 AM   #3283
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I've followed Master Card for a long time. My single most profitable stock in the past 10 years. A stop loss triggered a sale out of half my position back in late Feb. On one hand, I see consumers paying less and less with cash and getting levered up heavily in debt. OTOH, can't help but believe all discretionary purchases will be down significantly for several years. I would be very leery of shorting either MA or V, however. On good days, they are spring loaded.
this one really moved, but looks like its rolling over now, this is just another stock that i have been wrong about for 2 years.
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Old 02-21-2022, 06:48 PM   #3284
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Just in case anyone is wondering...S&P futures are down 81 points since Friday's close.

My trade would be up over 200 points if I didn't get cucked out of it when I did...lol

Just for fun, I'll let you know when I SHOULD have closed it out, so that I can then go shoot myself...LMAO
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Old 02-21-2022, 07:02 PM   #3285
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Just in case anyone is wondering...S&P futures are down 81 points since Friday's close.

My trade would be up over 200 points if I didn't get cucked out of it when I did...lol

Just for fun, I'll let you know when I SHOULD have closed it out, so that I can then go shoot myself...LMAO
i just saw that. the cryto currencies look like they are headed to hell.
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