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

To: Jacob Snyder who wrote (75827)	1/13/2023 3:31:50 PM
From: Lee Lichterman III	1 Recommendation Recommended By ajtj99 Read Replies (2) \| Respond to of 97594

My only concern with being short right now is Yellen saying we'll hit the debt ceiling on the 19th. If I understand it right, that means they start draining the TGA without replacing it so all that money just goes straight to the economy and filters to the market. The balance was around 346 billion as of yesterday. That's 4 months of QT erased. I haven't dug in to see how long it takes to drain that much. I never really dug into it so I don't know if it's as simple as looking at the normal payouts and just taking out the usual deposits or if it's more complicated than that. Otherwise, I think your timing is probably close without looking at the charts recently. EMAs, advance/decline were near reversal zones and I had some daily sell signals starting to fire but no weeklies yet though they were the SPX and R2K, not NDX.

To: Jacob Snyder who wrote (75827)	1/13/2023 4:16:07 PM
From: Jacob Snyder	3 Recommendations Recommended By ajtj99 skier31 towerdog Respond to of 97594

SPX # above 50dma: schrts.co When it gets above 380, it is time to short. The market is overbought. Cover at 160. Or 20 if you are brave.

To: Jacob Snyder who wrote (75827)	1/27/2023 8:28:45 AM
From: Jacob Snyder	4 Recommendations Recommended By ajtj99 Clam digger rimshot towerdog Read Replies (8) \| Respond to of 97594

Anyone else willing to post “mistakes I made in 2022”? Nobody likes to do public self-criticism. We all prefer to loudly and repeatedly claim our wins, and forget our losses. And get irritated if anyone reminds us of the dumb things we posted (and did) months ago. If you claim you don’t do this….you are probably doing it worse than most. It’s just human nature. Lots of big egos here on SI. Successful traders require a larger-than-average ego. Some of us have egos the size of Nebraska. Which makes it difficult to learn from our mistakes.