| StockFetcher Forums · Stock Picks and Trading · SPY | << 1 2 3 4 >>Post Follow-up |
| Mactheriverrat 3,157 posts msg #145463 - Ignore Mactheriverrat |
12/5/2018 11:35:52 PM Listen to the talking heads on TV or News media one would think they sky is falling. It just may be but it will have to break out of its trading range one way or another.  Just saying! |
| shillllihs 6,047 posts msg #145464 - Ignore shillllihs |
12/6/2018 1:35:33 AM Jan 2006 to Sept. 2007, about 19 months and right before an election, SPY moved about 30% or so. Could do it again but who knows. Looks like a nice set up for 1 last push before another recession. This will be marked by irrational exuberance and the euphoric cries of this is the best economy ever, then the collapse. |
| sammyn 81 posts msg #145469 - Ignore sammyn modified |
12/6/2018 6:11:16 PM My scans showed a huge buy day (lots of symbols showing up). All on the long side. I'd like to hear any opposing view points on why today would NOT have been a good day to buy. Granted, I know we are in a trading range, but, I feel the intermediate term has better Risk:Reward ratio on the long side (for equities). Thoughts? |
| Mactheriverrat 3,157 posts msg #145471 - Ignore Mactheriverrat |
12/6/2018 9:55:43 PM Too much volatility right now in the markets. Waiting . IMHO  |
| Mactheriverrat 3,157 posts msg #145472 - Ignore Mactheriverrat |
12/6/2018 9:58:57 PM https://www.bloomberg.com/news/articles/2018-12-06/a-loss-that-feels-like-a-win-biggest-stock-swing-since-2010?srnd=premium |
| Mactheriverrat 3,157 posts msg #145504 - Ignore Mactheriverrat |
12/9/2018 12:00:22 AM Nothing has really happened yet other that high volatility inside trading range.  |
| ron22 255 posts msg #145507 - Ignore ron22 |
12/9/2018 8:00:26 AM Mac, Thank you for your input. Without knowing it, you are teaching me patience. Patience should help me to reduce my overtrading. Hopefully I will get better entry points as well. Thanks. |
| Mactheriverrat 3,157 posts msg #145511 - Ignore Mactheriverrat |
12/9/2018 2:45:17 PM Your Welcome. Like I said "Too much volatility right now in the markets" I'm waiting for cooler head to prevail. Even most inverse etf's have too much volatility for me right now. Were going one way or the other with this market. IMHO! |
| Mactheriverrat 3,157 posts msg #145518 - Ignore Mactheriverrat |
12/10/2018 11:46:13 AM |
| Eman93 4,750 posts msg #145527 - Ignore Eman93 |
12/10/2018 7:43:58 PM https://stockcharts.com/freecharts/pnf.php?c=$SPX,P 2600 is a good buy point IMHO |
| StockFetcher Forums · Stock Picks and Trading · SPY | << 1 2 3 4 >>Post Follow-up |