SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : CLOWNS TO THE LEFT OF ME.. JOKERS TO THE RIGHT.
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: IndexTrader who wrote (45)4/18/2000 9:39:00 PM
From: coug  Read Replies (1) of 306
 
Hi Susan,

Trying to get my thoughts together here this cold spring afternoon, I'm not convinced we go much higher. Didn't feel like running in the cool breezey weather so spent afternoon trying to find a bullish case. I can't.

Needless to say, I was very surprised at today's action.. Didn't do any trading but it sure did wonders for my long term account I didn't do anything rash like trying to short so no harm there.. I did transfer my wife's 401k to fixed from index which will take place after today's close so we got today's action which was nice. I have been timing it and have done pretty well.

I have a long term oscillator and it went -0 within the past day or so. first time since last SEPT. Closer in, time wise. the last two days snap back rally, my derivatives look similar to this year's first of February come back. My VIX oscillator is way down suggesting it will start to climb back, even though, the VIX itself, is at high levels.

I have noticed that high level VIXs can stay high do to momentum and let the market drop. They IMO, don't have to immediately drop.. Same things happen on the low end with opposite results..

So in conclusion, I would expect a significant retracement down before we much upside action.

Maybe it is time to go completely to cash and see the Southern Cross.. Just like old Joe Kennedy did before the crash in 29. pack up his family, and head for Florida when the shoe shine boy started giving him tips.

I'm starting to sound like a Joker that is always puunding on some poor clown's head.. gg.. but I change my mind in a hot second..

Well I burned enough bandwidth.. so good luck in the morn.

m
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News