That gravestone dojI from Nov

    Posted by watcdy on 1st of Dec 2021 at 10:00 am

    That gravestone dojI from Nov  monthly put the fear of bears in me - looks like we’re skating on thin ice but I’m hanging in long for now 

    Agree, trying to formulate a

    Posted by retirefire on 1st of Dec 2021 at 10:06 am

    Agree, trying to formulate a plan in case we experience a long bear market ... with out getting washed out in LONG term hold positions 

    also remember guys - this

    Posted by matt on 1st of Dec 2021 at 10:10 am

    also remember guys - this pullback could be wave 2 of 5,  if that's the case we could see wave 3 of 5, then 4 then 5, which would probably last into January. 

    anyway we'll see what unfolds

    yes as Steve always says, have a plan

    Cramer mentioned a 57 day

    Posted by fredsaid on 1st of Dec 2021 at 11:41 am

    Cramer mentioned a 57 day cycle for Oil.  He called the top in oil a little over a month ago ago and co-incidentally this sell cycle ends on 12/23 which also helps keep gas prices low at the pumps all the way till Christmas.   I closed my XOP short yesterday and re-opened the position today.   Enjoying the System trade and looking forward to the exit.

    Unfortunately gas at the pumps

    Posted by steve on 1st of Dec 2021 at 11:43 am

    Unfortunately gas at the pumps doesn't come down as fast as crude oil 

    it sure seems to work

    Posted by mla127 on 1st of Dec 2021 at 12:32 pm

    it sure seems to work that way the other way around though .... lol 

    Ya...quick to go up and

    Posted by fredsaid on 1st of Dec 2021 at 11:46 am

    Ya...quick to go up and slow to come down but maybe it can hold steady at least.

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