steve or matt, does it look like we may take a spy long from oversold levels to next week?

    imelhoe - Examine the charts

    Posted by steve on 12th of Jun 2020 at 03:04 pm

    imelhoe - Examine the charts on the time frame YOU TRADE and respect triggers - SPX bounced after forming a divergent low as I posted below on the intraday charts.  I'm going to say this one more time, develop a trading methodology in conjunction with your risk tolerance and then put a plan into action.  Don't depend upon someone else to tell you what to do (especially in a volatile market).   Your approach and time frame will dictate how and what you trade.  Until you have that FIRMLY in place i suggest you avoid trading.  

    i know what i'm doing

    Posted by imelhoe on 12th of Jun 2020 at 03:24 pm

    i know what i'm doing and just asking ahead if matt was going to do a long as he did yesterday but i will wait to end of day.  don't need to be snippy

    He was talking to me.

    Posted by profmel on 12th of Jun 2020 at 03:27 pm

    He was talking to me. I've been whining for a few weeks -- trying to get my plan in place. Gotta change my mindset on being happy with what market gives me on trades and leave the other 401k long-term stuff alone. I'm learning but trying not to be a squeaky  wheel!

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