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Tariffs to 25% and Now the Virus !   currents

Started 5/5/19 by Paul (SNOTZALOT); 38492 views.
Msg 69 of 235 to gunterGUNTER 
In reply toRe: msg 68
Paul (SNOTZALOT)

From: Paul (SNOTZALOT)

8/5/19

From my HGSI Facebook Group.

So who among you are going to ignore the Hindy warnings next time? Often tossed out as a worthless indicator but once again it has proved valid.

The US Market Summary report gave us a series of 5 bucket drops last week. Ian Woodward reminds us again, Never Ignore a 5 Bucket Drop.

We had numerous Bingo indicators on the indexes, an oversold indicator and we often can get more oversold.
Tweets, tariffs and china devaluation seem to be the culprit. If you have any other suggestions please list them!
This was a day for picking peaches and weeds from the garden and having cash in your account.
Big rally tomorrow? Perhaps but my garden needs weeding.
-------------------------------
Yes I know markets go up and down and your 401K did great last year, this is a different year and take some Tums before you check your 401K this evening.
...[Message truncated]
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Msg 70 of 235
In reply toRe: msg 69
Paul (SNOTZALOT)

From: Paul (SNOTZALOT)

8/6/19

Before the open:

After the drop we saw yesterday a bounce is logical. At 6:55 AM ET it looks like an up open this morning. Futures are rallying on Chinese fixing of the Yuan.
An interesting article to consider, keep in mind it looks at history and history changes at the opening bell.
https://www.ccmmarketmodel.com/short-takes/2019/8/5/a-rare-selloff-on-wall-street
A reminder from Ian Woodward, don't play snakes (chutes) and ladders with your money!

As Fred suggested if you wish to play this, you do it with stops and you watch the screen!

 
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Msg 72 of 235 to Paul (SNOTZALOT)SNOTZALOT 
In reply toRe: msg 71
gunter

From: gunter

8/14/19

down, up, getting sea sick, and now a ominous dive ...

 
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Msg 73 of 235 to Paul (SNOTZALOT)SNOTZALOT 
In reply toRe: msg 72
gunter

From: gunter

1/27/20

and now it's  a virus ...

 
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Msg 74 of 235 to gunterGUNTER 
In reply toRe: msg 73
Paul (SNOTZALOT)

From: Paul (SNOTZALOT)

1/27/20

A good reason for the market makers to lower the bid and collect cheap inventory! This morning it was best to remove stops and go get a cup of coffee and ignore the market!

Looking at the market at 2 PM it has stabilized and a good day to find strong stocks.

 
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Msg 75 of 235
In reply toRe: msg 74
Paul (SNOTZALOT)

From: Paul (SNOTZALOT)

1/27/20

A few good charts.

 
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Msg 76 of 235 to Paul (SNOTZALOT)SNOTZALOT 
In reply toRe: msg 75
gunter

From: gunter

1/27/20

Guess I'll keep an eye on AGRX a couple of days, looking to go in with1000 shares ?

 
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Msg 77 of 235 to gunterGUNTER 
In reply toRe: msg 76
Paul (SNOTZALOT)

From: Paul (SNOTZALOT)

1/27/20

Chart looks strong. I currently own but not that many shares. I usually buy 40% of what I want and then add 20% more each time it moves.

Remember it's your money!

 
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