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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (66512)	7/27/2022 4:07:25 PM
From: ajtj99	1 Recommendation Recommended By rimshot Read Replies (2) \| Respond to of 97946

META's outlook is for 5-10% lower revenue next quarter.

To: ajtj99 who wrote (66512)	7/27/2022 4:10:52 PM
From: Sun Tzu	1 Recommendation Recommended By ajtj99 Read Replies (1) \| Respond to of 97946

The fib, the channel, and the huge runup today all say a pullback is in order. The GDP report can be another impetus for selling. None of these changes the intermediate uptrend and the inner strength within the market. So my playbook is to wait for the right moment and go long. If you position it right, then your loss will be little if you get it wrong. The thing to watch out for is whether or not we've entered the situation where bad news becomes good news.