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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 (59684)5/11/2022 11:17:24 PM
From: ajtj991 Recommendation

Recommended By
Lee Lichterman III

  Respond to of 97562
 
I'm just taking it one day at a time at this point. While I think we'll see SPX 3,300, it could be anytime in the next 4-months.



To: Lee Lichterman III who wrote (59684)5/12/2022 5:19:11 AM
From: Lee Lichterman III1 Recommendation

Recommended By
ajtj99

  Read Replies (1) | Respond to of 97562
 
I haven't heard much since the Evergrande thing but apparently there's still issues going on over there....



To: Lee Lichterman III who wrote (59684)5/12/2022 8:34:15 AM
From: The Ox3 Recommendations

Recommended By
ajtj99
Lee Lichterman III
towerdog

  Read Replies (1) | Respond to of 97562
 
We'll get bounces, they'll just be shorter and not so impressive, IMO. The HFT models that helped goose the markets are now working against it.

The ride down is much harder for people to see, especially after a decade long grind up.

I welcome other viewpoints. Many oversold indicators are flashing, so maybe we get a bounce between now and Tuesday? Dollar continuing to soar. This is one of the main reasons why some models are breaking, they didn't forecast for this event.