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MARKETS BULLISH, but I am " SELL IN MAY" MODE...BUFFET BEARISH?


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#241 K Wave

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Posted 12 May 2023 - 09:35 AM

Dow has to blow out 33300 downside for bears to secure victory....


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

 

 


#242 12SPX

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Posted 12 May 2023 - 11:19 AM

We'll see....  Attempting a long build at 4125, soo want to go into the weekend short in the end.  This is a repeat of last Friday lol!!! 



#243 K Wave

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Posted 12 May 2023 - 11:32 AM

PNC fresh lows....


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

 

 


#244 K Wave

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Posted 12 May 2023 - 11:33 AM

Apple one last bounce attempt at 172....see if it holds or not....


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

 

 


#245 dTraderB

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Posted 12 May 2023 - 11:55 AM

ES 4114 IS CRITICAL SUPPORT
"Red MEGAPHONE support"

#246 dTraderB

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Posted 12 May 2023 - 11:57 AM

Could plunge all the way to 4080 if 4110/14 support dies not hold

ES 4114 IS CRITICAL SUPPORT
"Red MEGAPHONE support"



#247 pdx5

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Posted 12 May 2023 - 11:59 AM

Market is exhibiting bearish behavior. Strong rallies followed by drip drip lower. That is more bearish than bullish for next 3 months.


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#248 12SPX

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Posted 12 May 2023 - 12:43 PM

Whew cutting my lawn for the first time, got my lower fill, average long 4120



#249 dTraderB

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Posted 12 May 2023 - 01:11 PM

Testing 4114 several times.... next attempt will break it
.....I think

Could plunge all the way to 4080 if 4110/14 support dies not hold

ES 4114 IS CRITICAL SUPPORT
"Red MEGAPHONE support"



#250 12SPX

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Posted 12 May 2023 - 02:10 PM

Whew, another full hour but done now!!  Profit stop 4121 see how this last hour goes