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Very bearish pattern


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#1 RadioHead

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Posted 25 September 2023 - 04:30 AM

Look at the charts. SPX head and shoulders. 4000 is the projection from a pure technical stand point.

 

I mean, this is just a pattern.

 

2+2 =3



#2 RadioHead

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Posted 25 September 2023 - 07:39 AM

There are only two places to hide:

 

1. US Notes/Bonds

2. Nasdaq 100

 

If you hold them long enough, they guarantee a profit

 

Nobody can dispute that.



#3 pdx5

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Posted 25 September 2023 - 11:57 AM

US Bills, Notes, go up in value every week. I began buying in March, and there is steady gain in price. 

All were bought at discount since original issue had much lower rate. Maturity mostly in 2024 & 2025.

Worry free income without having to monitor it. I can sell now at profit or wait for maturity for guaranteed profit as you said.


Edited by pdx5, 25 September 2023 - 11:59 AM.

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

#4 K Wave

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Posted 26 September 2023 - 08:15 AM

There are only two places to hide:

 

1. US Notes/Bonds

2. Nasdaq 100

 

If you hold them long enough, they guarantee a profit

 

Nobody can dispute that.

Uhhh....Apple ridiculous valuation and revenue declining (Despite inflation)

 

I'll take a hard pass at this moment in time....When Apple hits $56, let's talk...


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

 

 


#5 q4wer

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Posted 26 September 2023 - 09:27 AM

TLT collapsed yesterday.