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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To: Jacob Snyder who wrote (52362)	2/22/2022 11:34:55 AM
From: Jacob Snyder	Read Replies (2) of 97758

Today feels like a st bottom, and we can now expect a bit of a rally. Added a lot of long positions today. Some of them might become LT holdings. VIX kissed the 100dma+50% line, I shorted a bit more, it demurely withdrew below that line. None of the indexes have taken out the January lows. QQQ came closest. Futures were way down all weekend, then soared right before the open. The apocalypse won’t happen; this week, anyway. Gold still stalled at $1900, JDXJ down slightly. Thinking of shorting more of it. China news was horrible. That, plus Ukraine, meant I was expecting my stocks to retest the lows, or maybe take them out. BABA came closest, but all the January lows have held so far. A bottoming formation is continuing. Bought a bit more BABA, TCEHY, KWEB. I will sell in increments on any significant upmove. Bought more of my low-PE dividend stocks: UL, INTC

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