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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (41341)	10/29/2021 11:54:54 AM
From: Lee Lichterman III	2 Recommendations Recommended By ajtj99 towerdog Read Replies (1) \| Respond to of 97293

FWIW, I'm done trading for a while. There's no way I'm going to pay these prices for this environment. The market is refusing to go down and I understand TINA but the theater is on fire and everyone is standing next to the door thinking they will be able to get out in time. What they don't know is that's just the door to the lobby and the doors to the outside are locked. My weeklies show more upside is possible but my dailies are screaming get out. Telecom, basic materials, consumer staples are all weak. The strongest stuff is no earnings, pokemon card/beanie baby stuff for the most part. Internals are already deteriorating again. Everytime you guys talk about a stock moving and I look it up, it's something that's losing money with a negative PE trading at 5-20 times sales. It can go up without me but hopefully it drops next week or two so I can play again. Rain is supposed to stop this weekend so hopefully I can get back to working outside instead of in the shop.

To: Lee Lichterman III who wrote (41341)	10/29/2021 8:25:16 PM
From: robert b furman	1 Recommendation Recommended By Lee Lichterman III Respond to of 97293

YUP, Of course with the trillions sent to the public (except the rich), ends up being deposits (some shorter than other), and it basically free money, some spend faster than others! LOL. Poor bankers, singing the blues eh? Low rates are good times, that IS where we're at! BUT materials are inflating. That does impact the poor first and for the longest. I wonder if they miss him yet? His good business actions/judgement/history of successes for the USA, in his first term of Presidency, indicates we should revert to his policies again. It's ugly out there! IMHO I filled up today at $3.09/gallon, it used to be in the low $2.00's , and on a sale $1.99, but for a weekend only. Gotta love competition and innovation eh? It is sad our government doesn't see it that way. Let's Go Brandon!