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

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towerdog
To: Sun Tzu who wrote (83849)1/31/2024 10:50:23 AM
From: The Ox4 Recommendations  Read Replies (1) of 96690
 
I'm of the opinion that one should be very flexible today. I think we'll see some serious gyrations due to FED speak. Yields have dropped a bit in the last several trading days and the dollar has backed off it move upward. Good possibility that oil rolls over here as well.

When in doubt, I think it's wiser to wait it out on the sidelines, unless you are fully committed to your position. Fast markets can make indecision costly. While no one wants to get "shaken out", live for another day is not a bad option either.
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