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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: Lee Lichterman III who wrote (58472)5/2/2022 11:54:56 AM
From: Lee Lichterman III2 Recommendations

Recommended By
ajtj99
Lou Weed

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I might be crazy but I'm going to start legging in to some long S&P positions. Will add once or twice a day and let losses pile up. Looking at those 4 down week histories implies decent odds we are nearing a bounce point. This is only for a bounce but dead cat bounces tend to be sudden and rip your face off style.
Longer term I'm still very bearish and think we'll have at least another 400 S&P points down. I just hope we don't crash for 6 weeks like that one time. I might be blowing up my account for all I know.

EDIT - I should add the reason I'm doing it this way is because I am busy and can't watch or babysit positions. I also know myself and will not chase a market up. It's stupid but I would rather catch falling knives than chase a turn after the fact.
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