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


To: Jacob Snyder who wrote (46755)12/15/2021 1:30:15 PM
From: Lee Lichterman III2 Recommendations

Recommended By
ajtj99
catou1

  Read Replies (2) | Respond to of 96601
 
Funny, I was thinking about going long but got out of the woods too late and missed the lows. I think we might start the Xmas rally post Fed.
Don't get me wrong. I think this market is a bubble and eventually will drop 30%, probably even more. The charts look sick, breadth is horrible etc etc but it's also rigged and rarely drops into holidays.



To: Jacob Snyder who wrote (46755)2/11/2022 10:44:55 AM
From: Jacob Snyder1 Recommendation

Recommended By
ajtj99

  Read Replies (2) | Respond to of 96601
 
UL remains in the narrow channel, 20dma +/- 3%. schrts.co I have traded that range. Today, sold my remaining shares at $53. I will be back in at $50 and below. At some point, this will become a LT hold, but given my pessimism on the market, I am still selling all rallies.

FY 2021 report: rising input costs for everything, everywhere. They have pricing power, but still expect some pressure on margins through 2022. Growth in China, India, not in Europe, U.S.

E-commerce growing rapidly, now up to 13% of sales.

3b euro stock buyback in 2021, and the same again in 2022. Continued small increases in dividend.

“ We have engaged extensively with our shareholders in recent weeks and received a strong message that the evolution of our portfolio needs to be measured. We therefore do not intend to pursue major acquisitions in the foreseeable future…”. My comment: Glad you got the message.