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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Sun Tzu who wrote (82871)11/28/2023 1:34:06 PM
From: Sun Tzu2 Recommendations

Recommended By
ajtj99
towerdog

   of 97372
 
I shorted the banks via BNKD near the recent top a few days ago. Today I covered it (small profit). I had anticipated the market would fall after the auction today, and it did. But the fall is not strong enough to overcome the upward momentum. The next key event is the GDP tomorrow and PCE the day after. I'm not willing to hold a short position going into PCE.

Still mostly cash, but leaning towards a long position. It all depends on Thursday.
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