So what the fuck is going on with this chart of the Nasdaq?
I’ll tell you what the fuck is going on. This market is fixing to retest those god damned lows. Any idea how painful that will be? Believe me, a lot. Now we can change all of that shit, with a little verve and positive energy. Everyone form a circle and hold hands. While you do that, I’ll sacrifice the baby goat and pour its virgin blood over your heads and then light a chicken on fire. Very delicious, believe me. After that, I have these Jim Cramer voodoo dolls that I bought in Haiti. We can stick pins in them and pray to, err “The Gods”, for stock prices to reverse crescendo and lift, the fuck, higher.
I’m getting my cock chipped away at with TLRY. I was up 30 points and now I’m down 5. ‘Tis is life. One second you’re on top of the world, the next a homeless bum seeking out cigarette butts.
Look, I realize you’re confused and do not know what to do. Relax, no one really knows what to do and we’re all guessing and making bets based upon assumption. But you can control a few things, such as position sizes and stop losses. Do not let the smoke from the fires blind you to where you’re trying to go.
Still long a bunch of declining stocks, and also DBX — 60% cash.
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TLRY; cannot believe you did not sell at least half. and put a stop as well.
shame on you!!!
having said that, I fucked up far far more than you on oh so so many times;
fwiw and I know you think gaps are for DUFUSES but observation has taught me that 95% of gaps get filled. QQQ needs another 40 cents down to fill gap of 2 days ago. 40 cent miss is nothing on QQQ OF $172
forgot to mention; SO IT MIGHT NOT FILL.
LET’S see what happens; stops on TLRY
one last simple comment on TLRY; I already mentioned FIB. not go to recent low of 86$ and draw a trend line off the bottom; see how it almost hits it today. This is where I have my stop
Long natural gas.
Apparently this hemisphere gets cold this time of year! No one knew!!
head for the hills ; THE FLY IS RIGHT;
I’m bearish through the EoY, but today’s decline still surprised me. Volume will be and important metric, considering that this decline didn’t really seem to have a triggering event (unless I missed it).
Maybe it’s just a gap-fill (as bronze28 said), in prep for a Turkey bull run. Also note the “Gartman Indicator” was
“huge gains, perhaps sufficient to carry the Dow DJIA, -0.76% to 30,000+” in July,
and now has switched to:
“We are ‘officially’ going to recommend short sales of equities on this rally, something we’ve obviously refrained from doing thus far and something we have been correct in avoiding to date,”
Sounds very Trmpian with the +10% call in July and now the BS “we have been correct,” which totally missed the October blood bath.
Gartman is the ultimate CONTR INDICATOR.
cannot remember the last time he was right. Today is choppy and DANGEROUS. IS IT LOOKING TO SUCK IN NEW SUCKERS??
looks like oversold pop; now what?
hey FLY; I throw things out there so am thinking it is ok but I do not see others doing it so if it is a problem ; let me know.
AMD; looking at chart and thinking ahead of a re=test of lows; watching it and hope it bottoms at the 200 dma; that would be classic; higher low at the 200 dma.; just an idea but putting on my alarm for that one. ; when it moves … runs like a piss horse.
Fly is pretty chill, just don’t be an @$$ about it and stay on topic.
Also, take a look at the recent “Comments” section on the right sidebar. If you have more than 5 posts there, you should probably take a break…
cannot make these things up; look at QQQ putzing around at the gap; Nov. 6 high of 171.19$; so weather it breaks or not, we can see that the computers recognize the gap.
well not much participation from others…. and I do not post crap; so here goes another one.
any chance we fill gap on S&P at 2757 and turn around?? market is devious and as I learned from someone … “the market will do that which will frustrate the most number of people.”so nothing is a given.
If you want to talk gaps, QQQ just filled the gap from Wednesday’s close ($170.24)
yes; already mentioned above; I believe officially a gap is where there was no trading previous day; hence the high of previous day; not the close. still a gap on S&P at 2757. cannot believe it will not fill.
good week end all.