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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.22-0.2%Nov 21 4:00 PM EST

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To: TobagoJack who wrote (155214)3/25/2020 9:40:34 AM
From: sense  Read Replies (1) of 217976
 
I am intently focused on the element of "how this plays out now"... as all kinds of other timing issues depend on that. Get it right, and you can sequence trades. Get it wrong... and you end up looking around wondering what the hell happened... which I've done enough of already in the last two months...

I'm looking at oil... look at charts on WTIU, UWT... and if oil were to recover... when will it ?

That's probably the last in any sequence to recovery... but there's a lot of "leverage" in a ride from $0.21 to $10 in a reasonable time frame... and more in "buying low" than in being late getting into a trade.
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