wingchaser wrote: ↑Wed Jul 20, 2022 2:56 pm
50-Day SMA (momentarily) servin' as SUPPORT, with an emphasis on "momentarily"...
A SPINNING TOP... hopin SPX can hold support after-hours...tick tock
Infamous SPINNING TOP, Tomanyiron’s fav…
I joined you Wing on getting out today. It might break out for more but I figured with two consecutive spinning tops a bird in the hand is better than two in the bushes.
A SPINNING TOP... hopin SPX can hold support after-hours...tick tock
Infamous SPINNING TOP, Tomanyiron’s fav…
I joined you Wing on getting out today. It might break out for more but I figured with two consecutive spinning tops a bird in the hand is better than two in the bushes.
I think I reversed my IFT (twice)…
Double-Bottom OFF of Support Level has me Hopin’ (says the Gentleman with a Gambler’s mentality)…
Best of Luck (everyone) in all you choose to endeavor!!!
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“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t... pays it.” ~ Albert Einstein
I joined you Wing on getting out today. It might break out for more but I figured with two consecutive spinning tops a bird in the hand is better than two in the bushes.
[/quote]
I think I reversed my IFT (twice)…
Double-Bottom OFF of Support Level has me Hopin’ (says the Gentleman with a Gambler’s mentality)…
[/quote]
I too saw that double bottom but I got cold feet when it struggled to break above today's pre-market high (at 8:40am) prior to noon. But it is a green day nonetheless - congrats! Let's see if it breaks and holds above the May 25th high (and out of the bear flag). Good luck!
Scarfinger wrote: ↑Tue Jul 19, 2022 3:49 pm
My point of view is from past experience. I got out right before the Covid Pandemic crash. Then I got back in at the bottom close to perfect timing. That's when I messed up. Around the end of march it started going down and I jumped out again and then I missed out on some good gains as it shot back up.
So for me, if I can get a 20% or more discount , I will accept it and not look a gift horse in the mouth.
Also if you still have many years until your retirement. A down market is great for those bi-weekly paycheck contributions.
Decided to go all-in today. Bad timing, I know, but something Scarfinger said really got me thinking. I'm getting a discount on my money and have plenty of time to ride this thing out. Now I just need to step away from the charts and let time handle the rest.
Also, remember the Government knows what's best for all of us and is here to help..
Scarfinger wrote: ↑Tue Jul 19, 2022 3:49 pm
My point of view is from past experience. I got out right before the Covid Pandemic crash. Then I got back in at the bottom close to perfect timing. That's when I messed up. Around the end of march it started going down and I jumped out again and then I missed out on some good gains as it shot back up.
So for me, if I can get a 20% or more discount , I will accept it and not look a gift horse in the mouth.
Also if you still have many years until your retirement. A down market is great for those bi-weekly paycheck contributions.
Decided to go all-in today. Bad timing, I know, but something Scarfinger said really got me thinking. I'm getting a discount on my money and have plenty of time to ride this thing out. Now I just need to step away from the charts and let time handle the rest.
Not to mention the fact that you have 5% of Fantasy Dollars to play with until you come back to the rest of the field…
Best of Luck (everyone) in all you choose to endeavor!!!
“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t... pays it.” ~ Albert Einstein
Scarfinger wrote: ↑Tue Jul 19, 2022 3:49 pm
My point of view is from past experience. I got out right before the Covid Pandemic crash. Then I got back in at the bottom close to perfect timing. That's when I messed up. Around the end of march it started going down and I jumped out again and then I missed out on some good gains as it shot back up.
So for me, if I can get a 20% or more discount , I will accept it and not look a gift horse in the mouth.
Also if you still have many years until your retirement. A down market is great for those bi-weekly paycheck contributions.
Decided to go all-in today. Bad timing, I know, but something Scarfinger said really got me thinking. I'm getting a discount on my money and have plenty of time to ride this thing out. Now I just need to step away from the charts and let time handle the rest.
by John Boggle
"My rule -- and it's good only about 99% of the time, so I have to be careful here -- when these crises come along, the best rule you can possible follow is not "Don't stand there, do something," but "Don't do something, stand there!" said Bogle.
So now that you got your discount, "Don't do something, stand there!"
I am just an average Joe. I have no clue to what the market will do.
TimboSlice wrote: "People really need to stop overthinking this."
Paul Merriman 2 fund strat: (age - 25) x2.5 = TDF + balance into S fund or variation of