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Boy, I'm Glad I Didn't Sell!


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#1 OEXCHAOS

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Posted 02 January 2020 - 08:05 AM

One might have thought we would see some profit taking today. But there was no deterioration in breadth. The NAZ and secondaries were holding well. So, I was able to resist the urge.

 

I'll be curious to see today's sentiment readings.

 

 


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#2 Harapa

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Posted 02 January 2020 - 08:22 AM

So was I...but not too difficult to hold the positions.

 

Happy New Year to allcheer.gif


My comments are for entertainment/educational purpose only. All posted trades are fake (aka. paper) trades.


#3 K Wave

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Posted 02 January 2020 - 09:50 AM

Things held right where they needed to on the expected dip.

 

No we see if Trannies can join in on the breakout here soon...a Close over 11K should get the party started there...

 

RUT still acting a bit "off" here today though...would not want to see that one take out the 31st low....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#4 redfoliage2

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Posted 02 January 2020 - 09:56 AM

Thanks to the CBs relentless pumping and it looks that this is going to last for at least in January........

Edited by redfoliage2, 02 January 2020 - 10:05 AM.


#5 bigtrader

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Posted 02 January 2020 - 09:58 AM

Blu called it while others cut him down


No longer interested in debating with IGNORANT people.


#6 K Wave

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Posted 02 January 2020 - 10:00 AM

Gotta say that's not a very pretty opening 30 min stick on RUT...bulls need to reclaim 1668 level there PDQ, or this could get ugly today...below 1660 again, and it could turn into a rout...huge air gap on 30 min chart between 200 and 900 MAs


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#7 tommyt

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Posted 02 January 2020 - 10:06 AM

https://money.cnn.co...fear-and-greed/

 

super extreme now.



#8 K Wave

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Posted 02 January 2020 - 10:25 AM

And there goes the 31st low on RUT.......


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#9 12SPX

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Posted 02 January 2020 - 10:25 AM

Naw, only extreme if it hits 100 lol!!!  



#10 K Wave

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Posted 02 January 2020 - 10:29 AM

Now Trannies coming back down after failing to make 11K....if they go red......


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy