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Strategies & Market Trends : Humble1 and Swing Trading Friends

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From: humble112/4/2024 10:31:31 PM
6 Recommendations   of 41056
 
H1 Trade Alert: FWIW, I am selling out 1/2 of my long index funds position tomorrow and the other half no later than Monday, This is leveraged R2K and unleveraged SPX. There may be more to this bull, maybe a lot more; but I have huge profits and see no reason to risk them trying to go the last mile or two.

I am not going short anything at this time. I would need to see a convincing classic chart pattern. Test, retest; something like that. If we have a sudden black swan event I will just miss it.

Other than my index funds, I have some individual stocks that I will feed into the market. I want to be 100% cash, in gov MM funds.

I will continue to comment on the market action and invite others to do so here.
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