Can we buy T Bills in our IRA?  And on personal funds, are they taxable, I presume?

Thanks, watcdy!  Great idea. Looks like I may get whipsawed again tonight and still don’t have the expertise to deal with the options volatility. 

Very helpful. I will DM you later. Thanks!

Thanks, Steve. 

I’m a lost puppy. “My plan” didn’t work out. This looks like a Wave 4 to me. Do we have a target? (Like 3642?)  Or retest of breakout line?  

 I was heavily long on the open, went more neutral, and now short. Any thoughts? Any help appreciated.

After hours on the move (finally)! 

This market is more fickle than any (cat) that I’ve ever met!

How Low Can She Go?  Does below 3686 invalidate the expected uptrend?  Thanks. 

And Oz ain’t saying. He’s tied up campaigning!

Yeah, everybody’s scared to make a move!

Brophy/Steve, what are MOB and MFU?

Why the whipsaw yesterday?

Thursday's huge turnaround in the major U.S. indexes was not driven by a bullish outlook for risk assets, or a contrarian bullish outlook on the part of investors relative to the CPI.

It was driven by factors that we refer to as "tacticals" — factors like player positioning, algorithmic trade executions, market maker activity, options-related buying and selling, and other aspects of market plumbing that are magnified in low-liquidity market conditions.

Justice Clark Litle
Chief Research Officer, TradeSmith 

In his Tradesmith Decoder comments today

Looking pretty overcast to me,  timebandit!  Thanks for the education. 

Thanks, Matt!  

Thanks, Steve. We were talking about the possibility of a B wave and then up in C. Is that a moot point now?  Do we have a target or just level to level , expecting more downside pressure?  

Matt, does that suggest end of B wave and Up on C?

Thanks for your thoughts, Fred. Sounds reasonable.

MATT,  3650 bounce  Wave 2 complete now?

Sell hedges immediately or wait for a bounce back this am?  Opened 2.2% down. 

Sell hedges immediately or wait for a bounce back this am?  Opened 2.2% down.