Tech and small cap leading

    Posted by mborder1 on 12th of Aug 2022 at 12:35 pm

    Tech and small cap leading the rally. IWM weekly above trendline challenging the 40 WK ma. Are we in a BULL market or is it me?? HELP!!LOl

    As stated last night, don't

    Posted by steve on 12th of Aug 2022 at 12:39 pm

    As stated last night, don't worry about bull market/bear market terms when trading instead respect the trend (see channel for starters) and FOCUS ON YOUR PLAN.  Who cares about prognostications? 

    Trust me when it tops you and most everyone will not want to sell just like in June when very few wanted to buy.   So instead have a methodology that suits you and adhere to that versus terms. 

    Makes a big difference if

    Posted by mborder1 on 12th of Aug 2022 at 12:57 pm

    Makes a big difference if I am a long term investor! I am not a day trader spending everyday of my life looking at a computer screen... 

    Then trade YOUR PLAN in

    Posted by steve on 12th of Aug 2022 at 01:00 pm

    Then trade YOUR PLAN in conjunction with the tools provided - I have shown the channel many times and that has NOTHING to do with day trading .  I provided a target 4230 as a guidepost back in July after pullback completed - since then its up 500+ points and the uptrend remains intact.   

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