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: catou1 who wrote (63068)	6/17/2022 2:09:20 PM
From: Sun Tzu	5 Recommendations Recommended By ajtj99 catou1 Lou Weed Sonali towerdog Read Replies (1) of 97817

I am taking the day off and not trading. But since you mentioned SOX, I thought to let you know that several of my GTC buy orders went through today at the low of the day. They include AMD, MCHP, and MU. I also had a fill for my EPV@16. Both the long and the short bets are making money, so go figure! This being the Father's Day weekend, I may not have a chance to look at the stocks this weekend, so I will let the market tell me which side I should add to and which to dump. My read of the market, for those not following my thread, is that we are at an inflection point. Think of it as an invisible support line - we can bounce off of it, or break through it. There is no way to be certain which scenario will prevail, but whichever one that does will make a big impact. So make sure that you are sizing your risk properly. Side note, I am 75% cash, and yet without leverage my portfolio is up 3.4% on the day. This tells you something about how strong the current rally is (ABCL up 10%, LTH up 7%, etc). Have a great weekend everyone!

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