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


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#21 K Wave

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Posted 08 May 2023 - 09:40 AM

Bears have drawn their line on Trannies.....

 


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

 

 


#22 redfoliage2

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Posted 08 May 2023 - 09:50 AM

If ES 4140 ST support can hold today then likely to go higher.  If not, ES likely to back test 4120 ........................


Edited by redfoliage2, 08 May 2023 - 09:57 AM.


#23 12SPX

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Posted 08 May 2023 - 09:57 AM

There we go finally, starting my short build at 4150!!! 



#24 dTraderB

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Posted 08 May 2023 - 10:03 AM

No need fir RATE CUT in 2023
I join GOLDMAN & BARCLAYS in this bet:

GOLDMAN SACHS JOINS BARCLAYS IN A BET AGAINST FED RATE CUTS THIS YEAR.

#25 dTraderB

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Posted 08 May 2023 - 10:04 AM

I am with you ... waiting to see if 4050-4053 strong resistance zone will hold

There we go finally, starting my short build at 4150!!! 



#26 redfoliage2

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Posted 08 May 2023 - 10:38 AM

If ES 4140 ST support can hold today then likely to go higher.  If not, ES likely to back test 4120 ........................

Back testing ES 4120 is needed as it's for confirmation that the ST breakout at ES 4120 last Friday is for real or just a head-fake ..............................


Edited by redfoliage2, 08 May 2023 - 10:41 AM.


#27 12SPX

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Posted 08 May 2023 - 10:46 AM

Out again adjusting to 4145 for a 5 point profit, will be going after 4150 once again for a short build



#28 12SPX

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Posted 08 May 2023 - 10:47 AM

And there it is in again building a short at 4150...back to my other stuff lol!! 



#29 K Wave

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Posted 08 May 2023 - 11:27 AM

14K may tell the tale in Trannies...if bears get through, then they may have something...

 

But not, and then back above 14200, bears may be running outta time and bullets...


Edited by K Wave, 08 May 2023 - 11:28 AM.

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

 

 


#30 linrom1

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Posted 08 May 2023 - 11:45 AM

They have everything pinned?