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

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ajtj99
towerdog
To: ajtj99 who wrote (82799)11/15/2023 3:04:50 AM
From: Lee Lichterman III2 Recommendations  Read Replies (1) of 97915
 
I had bought ALB and some other shaky stuff yesterday but I sold at the open because I needed to go out and cut all day so left a lot on the table. I had weekly buy signals and a good chart setup so even though I wasn't crazy about the FA, I dipped a toe in. I was expecting to average down a couple times to get a full position but today ruined my plans.
The CPI number was totally bogus. Healthcare adjustment is messing with the numbers and as I posted, energy is dragging the numbers down also. As I expected, services is actually strong but wall street wants a Santa rally so they put their blinders on.
High/lows are getting into the zone but EMAs have more room. I'm hoping they top just as I get weekly signals so I can start legging into LEAP Puts. I hope the SPX goes to the moon so I can get those puts cheap. I love it when they squeeze out all the shorts and leave no floor under the market. LOL
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