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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 (51731)2/13/2022 2:21:16 PM
From: Lee Lichterman III2 Recommendations

Recommended By
ajtj99
John Koligman

  Respond to of 96549
 
Agree. I especially laugh as I read around at how the high flyers are bargains because they have sold off yet they still have price/sales over 5, PEG ratios over 3 etc.
Of course we can stay inflated for a while so who knows. The rules all seemed to change in the last 20 years or so.



To: Jacob Snyder who wrote (51731)2/13/2022 2:49:48 PM
From: Sun Tzu  Read Replies (2) | Respond to of 96549
 
Value vs Growth - I fixed it for you
schrts.co



To: Jacob Snyder who wrote (51731)2/15/2022 1:43:20 PM
From: Jacob Snyder1 Recommendation

Recommended By
ajtj99

  Read Replies (2) | Respond to of 96549
 
QQQ: The November-December double top is a trend-changing event. The new trend is flat-to-down. 25dsma is resistance, 10% below there is support. schrts.co

These are very tentative conclusions, which I may change tomorrow. However, for now, I will continue trading that range. I will add long positions, in increments, beginning at the bottom of that range. At the 25dsma, I will reduce long positions and short QQQ.

Getting bored sitting on all this cash. Maybe I need to start day-trading triple-leveraged biotech, to keep myself awake.