26 replies to this topic

[dTraderB]

In this lull, looking at my hourly and daily charts, market has spent many hours between S&P Futures 2520 and 2480

 

Hourly shows a potential double top but I do not trade double tops and golden crosses etc; however I notice and heed because many traders do . 

[dTraderB]

McC:

Tom McClellan

 

@McClellanOsc

 

My latest Chart In Focus article, "Sudden Surge in Bearishness", is posted at https://mcoscillator.com/learning_center/weekly_chart/sudden_surge_in_bearishness/….

 

https://www.mcoscill...in_bearishness/

[dTraderB]

Will buy a few CRUDE CALLS at about this 26.50 level

[dTraderB]

haven't been this idle since ??? 

January?

[dTraderB]

[dTraderB]

NASDAQ 100 

 

https://www.marketin...summation-index

[pdx5]

 

I agree, to a certain extent. This is a unique global epochal event, one has to see some visibility before committing:

 

Douglas Kass

 

@DougKass

·

41m

 

Also, Buffett has historically averaged in to many investment positions - as I have been doing. He specifically says he couldn't care less about timing a bottom, he cant. And if Warren cant I suspect most cant. Warren's holding period is "forever" (his term) mine is not quite

 

 

I like Buffet's style of investing. Buy for long term when deep discounted, sit on it for a couple of years, play lot of golf in the meanwhile instead of staring at the computer screen all day. I can't believe it is this easy to make money. When I had a full time job in private sector, it was 45 hours every week of hard work, plus 12-15 hours of side jobs part time consulting (my skills were in demand!). Man that was hard life, no time for golf or exercise. 

[K Wave]

Battle for 5 min 900 is likely just about done....

 

should get our direction very soon....

[merciless]

testing the .623 retrace on the RUSSELL here....see if we rally

[merciless]

Next 30 minutes pivotal.... if we don't move lower we gonna close GREEN