SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Qone0 who wrote (64846)7/8/2022 10:38:36 AM
From: ajtj992 Recommendations

Recommended By
Qone0
rcksinc

  Respond to of 97958
 
The VIX was a good clue that the downside was going to be limited this morning in the early going.

The QQQ was printing a bearish harami on the daily in the early going, and that seemed quite improbable, and so far that has proved correct.



To: Qone0 who wrote (64846)7/8/2022 11:14:39 AM
From: Sun Tzu1 Recommendation

Recommended By
catou1

  Read Replies (3) | Respond to of 97958
 
My SCI took out the previous high (and it is at an all time high).
The Fed opened the door to rate cuts yesterday, so this may actually be the bottom, to be confirmed after the next Fed meeting.

Also - appearances to the contrary, I don't have Internet or phone today :(( the cell towers and cable networks are both down. I am using a temporary feed from a friend who is on a different network. But it will disappear soon.

You need to explain this reset thing and how you use the overnight action...but like I said yesterday, there are no signs of an impending drop in my time machine. Chances are that next week is safe for the bulls too. The week after is still in play. Towerdog may want to take note of this.

later,
ST