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


To: last2no2 who wrote (83376)1/5/2024 11:16:20 PM
From: Sun Tzu  Respond to of 98005
 
Thank you my friend. I appreciate all the help I can get.

Here's a long term chart of oil. If you read my latest post on my thread, you will know my thinking. That said, oil is riskier than most trades and I have no appetite for holding it if it moves towards the lower BB. So risk management is very important. It is important for all trades and investment, but it is even more important for oil and silver.




To: last2no2 who wrote (83376)1/8/2024 12:30:10 PM
From: Sun Tzu  Read Replies (1) | Respond to of 98005
 
That was prescient!
I will be selling my oil holdings tomorrow. Hopefully there will be a rebound. But either way, I will be out of it.

EDIT - Why leave till tomorrow what can be done today. I'm out of it. No regrets. If it makes a new high, then I will make in size what I lost in dollars.