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: towerdog who wrote (72624)	10/21/2022 9:59:58 AM
From: The Ox	4 Recommendations Read Replies (2) of 97632

To all, I think we're nearing peak negative sentiment. I don't expect a market turn but more and better bounces up are on the way. Lower lows are also down the road, IMO. Can the UK shoot themselves in the feet any more often?? Wow. Rates, as measured by TNX seem excessive but war and backward looking/thinking people (ie FED) will make our financial path much more difficult in the short term. This latest parabolic run is probably running on fumes but with the global news have so much turmoil, hard to say where rates will top out. Over 5% seems too high and will absolutely push the economy's rebound farther out. Watching you guys trade the daily conditions is wonderful, when I get the chance to pop in and see some posts. Everyone, keep up the great communications. Bull/bear, short, medium or long term, index or 3x ETF/Ns....commodities, equities, futures.... its fun to watch (and occasionally trade myself).

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