ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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

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ajtj99

towerdog

To: Lee Lichterman III who wrote (41341)	10/29/2021 11:54:54 AM
From: Lee Lichterman III	2 Recommendations Read Replies (1) of 97297

FWIW, I'm done trading for a while. There's no way I'm going to pay these prices for this environment. The market is refusing to go down and I understand TINA but the theater is on fire and everyone is standing next to the door thinking they will be able to get out in time. What they don't know is that's just the door to the lobby and the doors to the outside are locked. My weeklies show more upside is possible but my dailies are screaming get out. Telecom, basic materials, consumer staples are all weak. The strongest stuff is no earnings, pokemon card/beanie baby stuff for the most part. Internals are already deteriorating again. Everytime you guys talk about a stock moving and I look it up, it's something that's losing money with a negative PE trading at 5-20 times sales. It can go up without me but hopefully it drops next week or two so I can play again. Rain is supposed to stop this weekend so hopefully I can get back to working outside instead of in the shop.

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