3309 Drysdale Ct
Edwardsville, IL 62025
Cue the Rocky Theme! here comes the afternoon calvary to
save the day! For the DJ anyway
Man, I blew AMD trade. Steve/Matt....feels like an
afternoon flush into the bell. Anything indicating maybe a small
buy for early next week? Oversold? etc etc??/
Huge buy program! And the thunder rolls....+666s HD, UNH,
Really? Should've known it was a coordinated buy on The Dr. J
Or GS +10 same ole BS every Friday. UNH/BA will be Monday :) Not
that I'm tracking it or anything. LOL Up, Up, and
GS/MSFT to the Rescue! plus AAPL 130/170 DJ points. Always fun
to watch the $$$ flow.
Tax Tantrum? Need any more proof of the algo
This is so refreshing! I'm sure we'll get the overnight low and
huge gap up tomorrow as usual BUT it's been refreshing to see a bit
of normalcy...if only for a day or two! Great calls, guys...spot
At this point just gotta laugh... options expiration week is
always screwy anyway...This one is one for the record
It used to be 'screw the IRA contributors' as the market was
always close to an all-time high when the last-minute IRA
depositors purchased their mutual funds at the top...only to watch
their investment drop 10-20% before getting their 3Q account
statement. Until the endless QE to infinity distorted normality
Popcorn market. Up on hot air! Geezsh
My UPS driver just bragged about how he's killing it in LINK and
VET and putting ALL his money into crypto. Ummmm, ok...let me know
how that works out but at the moment those guys (and my kids) are
KICKING MY ASS!!!! FOMO is making me wanna puke!
SQUEEEEEEEZE Somebody must be getting slapped around!
Serious question-no hurry... Steve mentioned how
AAPL,AMZN,GOOGL,FB & MSFT are 21% of SPX/40% of QQQ and are
pretty much responsible for this last move up to new highs. My
question is: When money flows into the ETFs does that make the ETFs
have to go and buy the components in the percentages in respective
index? Example: $1 buys QQQ so AAPL gets 10 cents/MSFT gets 10
cents etc My point is when $$$$ flows into QQQ and SPX, is it a
self-fulfilling proposition that the FAANGs are going to go up?
Making it too hard! Sometimes I think I get too caught up in all
the mumbo and could've just bought MSFT 3 weeks ago and pocketed 35
points today. I'm trading for 2-3 and stressing myself out.
Should've just held GBTC I bought sub-15 on Steve's recommendation
and taken some golf lessons. One of these days I'm going to figure
it out :)
Steve Reply: This is why I constantly preach to develop a
methodology that suits YOUR objectives and risk tolerance.
Nothing more important that having a PLAN. Looking at things
in hindsight is easy but take time to study the PATTERNS that I
showed and the result. MSFT was a nice pattern but to be
honest it wasn't 35 points.
ARKK taking on water again...ugly reversal off 124+ gap open
VIX in the 17s... been quite awhile since we've seen that.
Houston, it's good to see ya!
I'll buy the rug pull... serious distribution going on....dog
days type volume. If not today...so be it :)
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