If you had to do it all over again?

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jatelle
Posts: 229
Joined: Thu Jul 02, 2015 1:36 pm

Re: If you had to do it all over again?

Post by jatelle »

bloobs wrote: Fri Dec 30, 2022 4:48 pm
jatelle wrote: Fri Dec 30, 2022 4:36 pm Bloobs, I got that same feeling....
Volume pick up after 3pm today adds more suspicion.
Interesting that this volume surge failed to push price past yesterday's high? Also, adding to the mystery is the convergence of all three MAs: 50 EMA, 50 SMA and 100 SMA. It could go either way here....but it portends a big move.

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bloobs
Posts: 1545
Joined: Tue May 21, 2019 8:00 pm

Re: If you had to do it all over again?

Post by bloobs »

jatelle wrote: Fri Dec 30, 2022 5:11 pm
bloobs wrote: Fri Dec 30, 2022 4:48 pm
jatelle wrote: Fri Dec 30, 2022 4:36 pm Bloobs, I got that same feeling....
Volume pick up after 3pm today adds more suspicion.
Interesting that this volume surge failed to push price past yesterday's high? Also, adding to the mystery is the convergence of all three MAs: 50 EMA, 50 SMA and 100 SMA. It could go either way here....but it portends a big move.
Yeah. At this point there's a lot of options trade manipulation dictating the SP500 to stay above 380 for most of January--regardless of the Fed, earnings, Ukraine, China/Covid, whatever. I'm leaning it's safe(r) to stay in equities for a while it's unlikely to fall through the floor soon as many fear.

Maybe.

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12squared
Posts: 621
Joined: Thu Dec 31, 2015 7:28 am

Re: If you had to do it all over again?

Post by 12squared »

Any idea why EFA tanked suddenly in the last 8 minutes of trading?
“The genius of investing is recognizing the direction of the trend – not catching the highs or the lows.”
- Dean Witter

"Put all your eggs in one basket and then watch that basket."
- Andrew Carnegie

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