26 replies to this topic

[redfoliage2]

Now the top was confirmed but the question remains if it's a ST or an IT top ..........................

[LMF]

So far its a gap filling exercise on QQQ daily. CNN greed meter at 57.....profit taking.

[brucekeller]

People with names that are objects described by a color happen to be my bottom indicator when they call a top!

[12SPX]

Was'nt really that surprising as I mentioned Friday.  My indicators are showing a huge possibility that this will be a down expiration cycle so at the least volatility will likely remain high, at least until March 19th, after that its a new cycle.

[redfoliage2]

For VST I'm watching this:

https://www.bloomber...k-congress-dash

[redfoliage2]

They have been playing this sector rotation game in the last two weeks, hoping pigs will fly, but it looks over hyped  .................

Edited by redfoliage2, 22 February 2021 - 03:11 PM.

[redfoliage2]

Bought some AAPL at the close as a hedge ..................

[slupert]

Bought some AAPL at the close as a hedge ..................

Bought some as well, Back in Dec. I said when TNX hits 1.2% Powell will come in and start jawboning it back down. He's asleep at the wheel again. Now we are within spitting distance of 1.4.. He beeter start jawboning now before he loses control, if he hasn't lost control already. (JMHO)

[slupert]

 

Bought some AAPL at the close as a hedge ..................

Bought some as well, Back in Dec. I said when TNX hits 1.2% Powell will come in and start jawboning it back down. He's asleep at the wheel again. Now we are within spitting distance of 1.4.. He beeter start jawboning now before he loses control, if he hasn't lost control already. (JMHO)

My boy Jay has the opportunity to minimize inflation risk in his testimony, this could really go the wrong way too. (JMHO)

[redfoliage2]

Now from rear mirror was it a top or not?