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

To: Sun Tzu who wrote (72738)	10/21/2022 3:55:44 PM
From: Sun Tzu	1 Recommendation Recommended By ajtj99 Respond to of 97611

Speaking of speculative buys, I also bought some FRGE ~1.50. It's a small position (only 1k shares) which I am keeping an eye on for other reasons. But you may want to check it out. Also, I missed my chance on AGFY earlier today, but your mileage may vary <g>

To: Sun Tzu who wrote (72738)	10/21/2022 7:09:19 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 97611

I was going to buy some a day or two ago but already had a full plate. You'll probably do great. The chart stood out to me the other night. Just a swing bounce trade was what I was going to do. I still don't trust China long term yet. A good reality check in this tweet and then in the comment a couple down. On 2/19/20 the S&P 500 price/revenue ratio reached 2.43, eclipsing the previous record of 2.36 at the 2000 market peak. The belief that today's 2.24 ratio is a "buying opportunity" - just 8% lower - relies on the amplifying impact of pandemic deficits on profits to be permanent. pic.twitter.com/uWHDsXBT5M — John P. Hussman, Ph.D. (@hussmanjp) October 21, 2022

To: Sun Tzu who wrote (72738)	10/21/2022 7:25:25 PM
From: Sun Tzu	2 Recommendations Recommended By ajtj99 Lou Weed Respond to of 97611

I suppose only an idiot would make a leveraged long bet in a bear market on something that just made a 52wk low, more so given that he has frequently outlined why China is not investible. But Xi will be announcing his deputies this weekend and I am betting that he will show some inclination for attracting foreign investments. If it just goes back to where it was two weeks ago, I'll be happy. Besides, I now hold some BABA and I've always been a "in for a penny, in for a pound" kinda guy. I will know soon enough if FXI / YIIN was a mistake. .