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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Jacob Snyder who wrote (74430)12/7/2022 11:34:42 AM
From: Jacob Snyder4 Recommendations

Recommended By
ajtj99
Lee Lichterman III
The Ox
towerdog

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Took profits on my small SQQQ position. 11% in 6 days. QQQ 280 has been support, last 4 weeks. As I’ve said before, I expect an upmove when the Fed raises “only” 50bp next week. I will reload my shorts then, and look for more long positions to sell.

Very happy with my European and Chinese stocks recently. I am guessing, Europe is heading into a brutal recession, so I will sell those if I have large profits. I am also guessing, the Chinese economy will do relatively well, so I am not selling any of them, yet.
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