That was the goal but so far each rally has been thwarted for various reasons. It adds to the frustration, but historically a market crash or severe correction has never occurred without a false flag signal. In this case, a rally that appears like a new bull but it's not, it puts in a lower high. Based on historical patterns, and Sentiment, it appears that the rally is being delayed and this suggests that not all indices are going to take out their August highs.LoriPrecisely wrote: ↑Sun Sep 18, 2022 5:12 pm
Well, I thought the goal was to use this rally to sell our shares and get into 80%-100% cash before the expected crash.
I understand no one knows the future. I am learning.
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Interim Update Sept 9, 2022
- SOL
- Power VS Force
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Re: Interim Update Sept 9, 2022
When the words short term appear under any post; the same conditions listed in the Market update under the short term category apply
The end is always near; its the beginning and how you live each moment that counts the most
The end is always near; its the beginning and how you live each moment that counts the most
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Re: Interim Update Sept 9, 2022
I have been watching this chart for some time as this correction has been ongoing:
https://imgur.com/ze0rv5n
Nasdaq A/D volume is much higher than the other indices.
https://imgur.com/ze0rv5n
Nasdaq A/D volume is much higher than the other indices.
"You can observe a lot just by watching"
Yogi Berra
“The best lies always contain a grain of truth”
Joakim Palmkvist
Yogi Berra
“The best lies always contain a grain of truth”
Joakim Palmkvist
- MarkD
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Re: Interim Update Sept 9, 2022
Here's a fundamental review of where we are. The CPI:PPI ratio is falling but even though the rate of descent is rapid, there's a ways to go. I don't trade on this stuff btw.
https://imgur.com/mmYr1UT
https://imgur.com/mmYr1UT
"You can observe a lot just by watching"
Yogi Berra
“The best lies always contain a grain of truth”
Joakim Palmkvist
Yogi Berra
“The best lies always contain a grain of truth”
Joakim Palmkvist
- MarkD
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Re: Interim Update Sept 9, 2022
"You can observe a lot just by watching"
Yogi Berra
“The best lies always contain a grain of truth”
Joakim Palmkvist
Yogi Berra
“The best lies always contain a grain of truth”
Joakim Palmkvist
- LoriPrecisely
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Re: Interim Update Sept 9, 2022
The August highs were not very high. Very few of my positions were profitable at that time.
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Re: Interim Update Sept 9, 2022
There's this whole theory I ran across that the Nasdaq leads or lags the other indices, more often than not, on an intraday basis. I'm not a day-trader, but found the idea interesting.
Buy Fear, Sell Euphoria. The Neonatal Calf undergoes an agonizing birthing, while the Bear falls into hibernation.
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Re: Interim Update Sept 9, 2022
Definitely more volatility in the Naz which leads to higher highs and lower lows.
"You can observe a lot just by watching"
Yogi Berra
“The best lies always contain a grain of truth”
Joakim Palmkvist
Yogi Berra
“The best lies always contain a grain of truth”
Joakim Palmkvist
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