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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 (52441)2/22/2022 11:45:46 AM
From: ajtj99  Respond to of 96591
 
For a correction low on the NYA daily, we could see a reading on the RSI-14 at or below the 30 level.

schrts.co



To: Jacob Snyder who wrote (52441)2/24/2022 2:37:04 AM
From: Jacob Snyder3 Recommendations

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ajtj99
catou1
Mevis

  Read Replies (3) | Respond to of 96591
 
Looks like we are going to reach SPX 4100, a 15% correction from the ATH. In this downturn so far, I have gone from 40% cash to 25%. I may go to 0% cash in the next few days. A 15% decline is my signal to shift from defensive buys, to Growth and small-caps. A 20% decline is the worst possible.

I was wrong, thinking Russia would not start a major war. Russia is going to be trapped, fighting an endless insurgency it cannot win. Afghanistan writ large. Russia will now be dependent on China, their only friend.

This is going to accelerate economic nationalism. It is now a national security issue, for every nation, to have secure supplies of energy, raw materials, and components.