The Market wants Clarity... what a statement!... Everyone needs to pull up a 5 yr chart... on S/P... Look at the topping process that looks to be occurring... from OCT O9... it looks like an incredible EXPANDING Triangle! Now, I swear if this is, we could go to 1250! and Ben, the Rubberband Man could take it there! Now, I think we broke some serious supports of course, but remember the Rubberband theory, have I ever covered that... well, its that snap back that can happen after a crash like this... but could we crash more tomorrow... that is the question? the General Public is about to get off work, sit down to dinner, say how good things are finally going, turn on the evening news and their Jaws are going to drop! Here we go again, and they are fed up, and want out! what do you all think? I have to get some sleep, I have a long night ahead.. but what a day. I did not sell a thing...I have to say the Wall of Worry is clearly in place...LOL! so panic again tomorrow...lets hope so... for my account needs some DEAD PRESIDENTS to make it look good.... later<<<<<<<<
January 21th, 2025: SP-500 Chart Update
11 hours ago
I say we get a good bounce form here L. to be sold though later.
ReplyDeleteL, You still think solar sector in good shape or will tank with rest of market?
ReplyDeleteIt all tanks R, even my silver trade!! LOL! >L
ReplyDeleteHey L,
ReplyDeleteI got us in wave 4 and wave 5 to conclude Monday Tuesday .. then sharp counter rally that will last to May 20th or so. let me know your thoughts.