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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 (68658)9/2/2022 2:24:10 PM
From: ItsAllCyclical2 Recommendations

Recommended By
ajtj99
Lee Lichterman III

  Respond to of 97558
 
Thanks for the feedback. I would tend to agree w/that read, but I would say we have another attempt at a rally that fails probably near 3980, but not sure we get there again. I'm more than comfortable holding shorts into the weekend, but my biggest position is probably 4% of my PF and overall exposure is about 30% so nothing can really hurt me too bad. Most of my plays are still tied to the consumer which has been greatly expanding credit card debt again which is not sustainable. A lot of inventory is building up as well and that's still not reflected in many retail estimates (amazingly).