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

To: towerdog who wrote (76354)	2/2/2023 12:45:52 PM
From: The Ox	1 Recommendation Recommended By ajtj99 Read Replies (1) \| Respond to of 97495

Good call, td.

To: towerdog who wrote (76354)	2/2/2023 1:00:18 PM
From: Lee Lichterman III	2 Recommendations Recommended By ajtj99 towerdog Read Replies (2) \| Respond to of 97495

It's improved a bit since this morning but it looked like despite the Asian liquidity, the market was short on funds so was selling basic materials, miners, insurance, healthcare, staples, industrials etc to buy FAANGM. I shorted the open then flipped to long until SPY got over 416 and quit. It's cold but sunny with no wind. I'm sweating. As long as trannies are strong and staples weak, I wouldn't short this for more than scalps. Question is when it drops, will it be quick or Wycoff churn first. Max pain for tomorrow was lower but I haven't checked today yet. I wouldn't do anything anyway ahead of AAPL, GOOG, AMZN etc tonight.