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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: The Ox who wrote (76149)1/27/2023 10:39:50 AM
From: Lee Lichterman III4 Recommendations

Recommended By
ajtj99
Lou Weed
The Ox
towerdog

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Funny because I do the opposite. I hate chasing and find when I do, I buy the top. I do best buying the falling knife at my trendline and getting the reverse bounce back up.
I just did that today a few times as we had a nice clean channel up on the SPY. I waited for the pullbacks and bought the bottom channel line then rode it back to the top of the channel getting out as we approached it. I missed some runs while it hugged the top line and kept going up but staying would have been risky.
That channel broke a few minutes ago this why I'm taking a break and posting. LOL
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