Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: The Ox who wrote (74514)	12/8/2022 11:44:04 AM
From: The Ox	3 Recommendations Recommended By ajtj99 Lee Lichterman III towerdog Read Replies (1) \| Respond to of 97611

Crude seems to have priced in the global recession fears over the past few days:

To: The Ox who wrote (74514)	12/8/2022 1:41:07 PM
From: Lee Lichterman III	1 Recommendation Recommended By towerdog Read Replies (1) \| Respond to of 97611

I got whipsawed bad. Rode a loser and just finally got out on this bounce for a $50 loss. Have no idea where we are going now. Trying to decide if I want to scalp t make it back and risk screwing up. I've been in a funk misreading the charts the last couple days. We bounced off the fib retrace of the morning gain and shot up but I have to wonder how many will hold ahead of tomorrow's PPI release. Kind of a gamble on if it will be good or not. I think it will be good and a gap up open but there's no way to know for sure. As I type this, we are at the trendline that rejected this morning's rally. Will it hold again or breakout to the upside??