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

Sun Tzu

towerdog

To: Sun Tzu who wrote (70209)	9/26/2022 1:16:15 PM
From: Lee Lichterman III	3 Recommendations of 97958

I just stepped aside myself. I was trading long early on and switched to tech. It had sold off the most so it was a no brainer that it would bounce the most. Saw TIP rollover so flipped to short S&P. Had a good day, all winners and this is where I have been giving some back so went flat and shut down. Unless something major sets up, I probably won't do anything else today. I did dip a toe back into UTG but only a tiny position. I put in a stink bid this morning and it hit just as I was about to shut down. As I posted this morning, the rally was hollow. Also all my bird dogs were down and now they are in crash mode trading below what were strong support lines. This isn't a good sign. Indicators are saying we should bounce but we couldn't even get past a weak fib retrace. I'm afraid to short because everything says we should bounce, the FA and what I'm seeing in my bird dogs is saying I'd be crazy to get long. Look at the bond market. Not good. Forex currencies, also not good.

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