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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 (59424)5/9/2022 10:07:38 PM
From: ajtj991 Recommendation

Recommended By
Lee Lichterman III

  Respond to of 97558
 
When numbers are extreme like today's, I think Les waits until his hands stop shaking to post them. It's usually a 10:30-11:00PM EDT thing. Wait for it.

Besides, it gives you time to get your Tenanus shot after cleaning out that barbed wire from under your mower <G>



To: Lee Lichterman III who wrote (59424)5/10/2022 7:03:44 AM
From: Lee Lichterman III1 Recommendation

Recommended By
The Ox

  Read Replies (2) | Respond to of 97558
 
Wow, NASDAQ new lows eclipsing anything in decades...




To: Lee Lichterman III who wrote (59424)5/10/2022 8:53:43 AM
From: The Ox2 Recommendations

Recommended By
Lee Lichterman III
towerdog

  Read Replies (2) | Respond to of 97558
 
I was thinking maybe a 2 or 3 day rebound at most. XLF showed only a 4 day rally, then a 3 day rally as the last two moves to try and break the down trend from end of March. I figured we get 2 or 3 at most before it rolls over again.

stockcharts.com

Maybe a one day dead cat bounce coming? I'm not sure what to make of it.



To: Lee Lichterman III who wrote (59424)5/10/2022 11:39:54 AM
From: Real Man2 Recommendations

Recommended By
ajtj99
Sun Tzu

  Read Replies (1) | Respond to of 97558
 
CPI is tomorrow at 8:30am. If it comes down, that should start the bounce. Expectations are for cpi to come down a bit from the record in March. Commodities crashed, it is not clear how much of that made it into April data. Fast crash in mortgage applications, US housing market still feeding off rates locked a few months ago.