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

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To: Jacob Snyder who wrote (74849)12/16/2022 3:58:41 PM
From: Lee Lichterman III1 Recommendation

Recommended By
ajtj99

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I could get negated signals but every time I think that, they end up working so I have to keep an open mind.
Notice my SPX chart. I doubted those and didn't play them and they worked. "Usually", even if they don't work great, there's enough of a reaction to let you out even or a small gain if you're patient.
Speaking of which, I have no patience or risk tolerance since my big hit a while back. I keep accepting small gains/losses instead of waiting my system out.
I posted the put/call walls and so I fully expected an end of day rally to get us closer to max pain around 3900. I kept dipping trying to catch lows to ride up but it kept rolling over so I just got scalps today. I shut down to print my taxes getting ready to head out the door. I just looked and see i missed out on what I was expecting.
My last trade was good for .26. The rally would have been another 1-1/2
I need to find someone I trust, tell them what to do then not watch. LOL

I think this bounce is just op ex max pain targeting but who knows.
I bought back one of my div plays, just a 1/4 position as I expect it to go lower but just in case, this way I have a toe in. I had entered some GTC orders but cancelled them thinking I better wait and see how this trades a little next week, if the TGA drains happens like I expect etc.
As for the bond rates, if multiple countries are draining with their own versions of QT, people start struggling financially, China and Japan keep dumping and the Fed continues to not buy, bonds could fall driving rates higher. The way this last year has gone, I don't rule anything out.
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