PALL crashing. Wow.

[jonnyfrank]

Surely this is close to a MOB now.

[Budge]

Surely this is close to a MOB now.

I see support around 87 but could only find it on a quarterly chart.

[bpcw]

Think we can come up with arbitrary figures for a bottom but you really have to start buying at these levels, if you do it in lots then it's a win/win, if a rockets you make on your investment, if it keeps going down then you get even more of a discount. Very rare to get a moab and most financial investments would be missed by waiting for one, moab opportunities should be reserved for backing up the truck.

Imho!

COT data very interesting https://www.barchart.com/futures/commit ... harts/PA*0

[MarkD]

I was fully invested in PALL but added a bit more (1/8) than normal on the drop today. Would add more if it continues to plummet.

[SOL]

Think we can come up with arbitrary figures for a bottom but you really have to start buying at these levels, if you do it in lots then it's a win/win, if a rockets you make on your investment, if it keeps going down then you get even more of a discount. Very rare to get a moab and most financial investments would be missed by waiting for one, moab opportunities should be reserved for backing up the truck.

Imho!

COT data very interesting https://www.barchart.com/futures/commit ... harts/PA*0

As you noted, a MOAB is a rare event. It's based on a careful process—checks need to align before it earns the MOAB status. Until then, it's not a MOAB.

I've also invested more than usual. Part of the reason is I've cut down on monthly expenses, allowing me to put those funds into things like Palladium and other markets that seem really cheap. If we had gone all-in on Palladium at once, the market's ups and downs could have hit us hard, blowing us out of the water and into a cauldron of boiling oil in no time.