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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: catou1 who wrote (74629)12/13/2022 12:08:51 PM
From: The Ox6 Recommendations

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My experience is that days like today tend to punish those who bought the news. Almost everyone who bought after 8:30am EST until a few minutes ago are underwater. There will be bounces but most likely we'll be weak for the rest of the day. Not a lock but the odds are in favor of additional weakness, as the HFT and market makers want to put as much pressure on those who "jumped in with both feet" on the news. People tend to panic when their positions go south and the longer they are held below water, the more likely they'll sell at the wrong time.

JMO.... We'll see.....
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