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if we are truly in an impulse wave down from the 1 4 22 top
we should take out the low at 4222 on the sp with no problem to complete a wave 1 down
if bears cant do that they have nothing . just watching here playing the oil sector which is
where the action is imo
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Chip Shortage 5 Day Supply Slams U.S.:
Less Than Five Days’ Supply: Chip Shortage Slams U.S. Manufacturers
It is a good thing that we are not dependent on computer chips for any necessities...NOT!
My daughter has been working as a rep for INTEL inside of Best Buy stores.
Locally, Best Buy is cutting open-hours and said it is Covid and employment shortage related: no mention of the chip issue.
The U.S. supply of computer chips has fallen to alarmingly low levels, raising the prospect of factory shutdowns
"It is both an economic and national security imperative to solve this crisis."
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Raimondo says U.S. to probe potential price gouging on chips
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Commerce report: semiconductor supply chain ‘remains fragile’
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( Last reply by MDurkin )
Waiting for Godot
This bounce-plunge-bounce action is typical of wave 4 behavior. Wave 5 up next imho.
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( Last reply by beta )
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( Last reply by redfoliage2 )
Actual Position and Market Opinion Poll for Wednesday 1/1...
YOU MUST BE REGISTERED AND LOGGED IN TO VOTE. Log In | Register
If the registration module isn't working for you, you can message us here or at admin@ this site and we'll set you up.
Remember, "Partially Long (or Short)" means less than your normal full position. E.g., If you typically use leverage, then 100% long would be "Partially Long".
Check out past Poll results here: http://www.traders-t...n-poll-archive/
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claire, hhh, Bing, linrom1, sea-bill, stubaby, Smithy, Google, howardjp16, azrael444, Chilidawgz, wlry02, RadioHead, brucekeller, 12SPX, Carl, MDurkin, SteveB, Douglas, Sooth, blackcloud, K Wave, CHAx, redfoliage2, gti_99, jacek, gannman, andr99, joshore, Wutan, atom9, RagingSpartan, dharma
