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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: Real Man who wrote (73743)11/10/2022 11:24:22 PM
From: Lee Lichterman III3 Recommendations

Recommended By
ajtj99
Jacob Snyder
towerdog

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I don't think they will let the shorts off that easy though. Better to squeeze everyone out before the next leg down.

I like the guy (George Noble) and listen to his rooms all the time but I have to wonder if at least the temporary bottom was when the NOPE ETF was released.

We had two single digit EMA days that could be the double bottom for the Rate scare portion of this bear. We might get a reprieve then the earnings drop phase of the bear kicks in. Just a WAG. Looking back, a lot of times, we hang up high for a few days to a week before rolling back over. Let the bears sweat out their shorts and cover before pulling the rug again.

Next week we have PPI, Industrial production, inventories etc that could push us one way or the other.

I also don't how the TGA games can continue when we are approaching our debt ceiling. I'd love to see someone bring it up to Powell to see what he thinks of them negating his QT.
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