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Strategies & Market Trends : TRIPLE TRADES -- Ignore unavailable to you. Want to Upgrade?


To: Clam digger who wrote (9)2/25/2020 11:34:48 AM
From: robert b furman  Read Replies (1) | Respond to of 4397
 
HI Bull,

Sure glad you gave me a heads up on your XOM $50.00 call.

Still holding and collecting my dividends.

Your TA is awesome stuff!

Bob



To: Clam digger who wrote (9)2/25/2020 2:02:32 PM
From: Bull RidaH  Read Replies (1) | Respond to of 4397
 
The indices probably aren't safe til XOM sees at least 50.5. If Exxon & Co are crashing, they probably still carry enough weight to forces the major indices lower. And the top stocks (big cap tech) like Apple have seen their highs and can only retrace these initial waves lower, so not much help for the indices there. I believe the Major Financials like GS as well as big oils will lead the SPX to new highs once this market stabilizes.... which again doesn't happen til XOM sees $50 +\- a dollar or so.



To: Clam digger who wrote (9)2/25/2020 2:40:10 PM
From: Bull RidaH  Read Replies (2) | Respond to of 4397
 
WRT Bonds, we are very close to a final top in price, low in yield on the 30 year Treasuries. That reverse
Head and Shoulders pattern you see on the chart below projects the final high to come in at 170 16, to be
followed by a sharp and stunning reversal to the downside. We're talking epic bear market approaching.