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


To: roto who wrote (45066)11/29/2021 10:14:22 PM
From: Sun Tzu1 Recommendation

Recommended By
ajtj99

  Read Replies (2) | Respond to of 97449
 
My intention with the warrants (and with ZY) had been to keep them for years and see how they shape up. BUT, given the run MTTR has had, I am tempted to take profits...at least some.

The market still doesn't look right to me. The vast majority of charts that I look at are at best neutral and the majority are bearish looking. Today you could have made more money selling ES@4667 and covering near the bottom than if you had bought as the absolute bottom and rode it all day long.

Either the internals improve - and I am not talking just about simple up/down volume or basics like that. Or the market remains on thin ice. I am unconvinced by today's bounce. We should know better by next week.