3309 Drysdale Ct
Edwardsville, IL 62025
As I watch the futures move up .. this buyback window is
interesting. I'm thinking most companies will not wait to buy
back and will buy on any weakness which supports the bounce theory
to get up to my 2970 target. My Target for this week is 2945
to keep everyone guessing . 'THEY' have to get sentiment
positive so GLD can correct. I'm starting to 2nd guess my
timing in that we'll get to 2970 in 7 more trading days although
it's possible. I'm long 8/30 on SPY & QQQs and more
short 9/13 on same so if we roll over and tank this week i'm not
worried. Opposite on GLD. It may take longer than the 2
mtgs this week to power the bulls (doubt it but has me on
edge as news everywhere is counting their chickens today i.e.
Powell WILL be a super Dove). Once in a while the news is actually
correct (it's the double head fake contrarian view). Got into
DBA today and plan to get into more with the tight stop tomorrow...
this is going to trigger. THEY always want to keep you
guessing so there is no easy money...need to stick to your
guns(stops). If somehow, someway I'm completely wrong and
we don't get a Q3 correction I will bet big on a Q4
correction... I really don't think it's going that far but may need
to extend my trade out another 4 weeks. It's so hard calling
tops and bottoms. Market rally and Gold tank remain my most
likely view in next 30-60 days, if target is hit, flip the script.
Matt and Steve - you guys rock ! Hope restoration is
progressing well Matt and Steve is enjoying the best part of life
(family) Cheers !
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