adding little by little lol!! Average short 4340....
BULLISH: STORM CLOUDS but Bullish SEASONALITY & NO SHUTDOWN
Started by
dTraderB
, Oct 01 2023 09:07 AM
608 replies to this topic
#602
K Wave
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Posted 06 October 2023 - 01:39 PM
Tesla still pushin'.... 261
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#603
redfoliage2
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Posted 06 October 2023 - 02:08 PM
Very impressive intra-day reversal though initially I thought the early bounce just to back fill the gap. Now it looks very likely the bottom I predicted yesterday. Considering earnings reporting season starting next week bulls may have made a case for an IT bottom today though they jumped the gun a little bit and dodged the SPX 4200 bottom I predicted. I have to pay respect to the market actions today for such a reversal ..............
Edited by redfoliage2, 06 October 2023 - 02:18 PM.
#604
K Wave
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Posted 06 October 2023 - 02:29 PM
META sending a pretty clear signal...both in the refusal to break 300, and the absolute power move out of the wedge...
Not sure I would really want to fade that....but different strokes for different folks...
Now waiting for signal for monster trade on bonds if it does not come today...
TLT 85 holding do far...just need bulls to clear 85.40 now for possible monster day on Monday.
Edited by K Wave, 06 October 2023 - 02:29 PM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#605
K Wave
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Posted 06 October 2023 - 02:31 PM
TSLA just a bit more to clear 262..
If that happens whole new wave of short covering could start.
But it has to get through first....and that may not happen today...
Edited by K Wave, 06 October 2023 - 02:31 PM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#606
K Wave
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Posted 06 October 2023 - 02:34 PM
Only one speed for META since clearing 304 pivot...full throttle...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#607
redfoliage2
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Posted 06 October 2023 - 02:51 PM
Very impressive intra-day reversal though initially I thought the early bounce just to back fill the gap. Now it looks very likely the bottom I predicted yesterday. Considering earnings reporting season starting next week bulls may have made a case for an IT bottom today though they jumped the gun a little bit and dodged the SPX 4200 bottom I predicted. I have to pay respect to the market actions today for such a reversal ..............
That said I see now we are back into a time of buying dips ....................
Edited by redfoliage2, 06 October 2023 - 02:57 PM.
#608
K Wave
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Posted 06 October 2023 - 02:55 PM
still no tun back up in TLT and did not manage to hold 85....leaving it interesting for the weekend....
not safe until it holds 85 and starts to move up...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#609
steadyquest
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Posted 06 October 2023 - 09:40 PM
Any chance it was only a relief rally?
META began rallying in August, over a month before AAPL bottomed.
