DrStool Posted August 31, 2020 Author Report Share Posted August 31, 2020 Got a little intraday reverse h&S action going here. Link to comment Share on other sites More sharing options...
DrStool Posted August 31, 2020 Author Report Share Posted August 31, 2020 This could still go either way or no way. Link to comment Share on other sites More sharing options...
DrStool Posted August 31, 2020 Author Report Share Posted August 31, 2020 Momma said there's be days like this. Link to comment Share on other sites More sharing options...
fxfox Posted August 31, 2020 Report Share Posted August 31, 2020 11 minutes ago, DrStool said: I don't want to mention names. But they are both well known. The mutual fund guy, and the chem professor who posted here at the beginning before I told him to get lost. LOL You mean Dr Perry O. Dick-Table? Link to comment Share on other sites More sharing options...
DrStool Posted August 31, 2020 Author Report Share Posted August 31, 2020 Intraday uptrend test here. Link to comment Share on other sites More sharing options...
DrStool Posted August 31, 2020 Author Report Share Posted August 31, 2020 Just now, fxfox said: You mean Dr Perry O. Dick-Table? Don't know who that is. This guy is a chem professor. The other is a mutual fund guy. Very famous in permabear circles. Link to comment Share on other sites More sharing options...
DrStool Posted August 31, 2020 Author Report Share Posted August 31, 2020 2 minutes ago, DrStool said: Intraday uptrend test here. Hard bounce Link to comment Share on other sites More sharing options...
DrStool Posted August 31, 2020 Author Report Share Posted August 31, 2020 Immediate recovery to morning recovery high. Link to comment Share on other sites More sharing options...
DrStool Posted August 31, 2020 Author Report Share Posted August 31, 2020 Double top. Link to comment Share on other sites More sharing options...
DrStool Posted August 31, 2020 Author Report Share Posted August 31, 2020 Looks bullish. What else is new. Link to comment Share on other sites More sharing options...
PullMyFinger Posted August 31, 2020 Report Share Posted August 31, 2020 3 minutes ago, DrStool said: Reminder - the Dow is price weighted. The biggest price changes carry the most weight, which usually means the highest priced stocks, regardless of how small their total capitalization is. Yes. Apple is going from about 12% weighting to about 3% with its split. PFE at 38-ish, XOM at 40-ish and RTX at 61 or whatever are replaced with HON at 165, AMGN at 250, and CRE at 267. Neat trick. Link to comment Share on other sites More sharing options...
fxfox Posted August 31, 2020 Report Share Posted August 31, 2020 6 minutes ago, DrStool said: Don't know who that is. This guy is a chem professor. The other is a mutual fund guy. Very famous in permabear circles. Dr Doom? 😂 Link to comment Share on other sites More sharing options...
fxfox Posted August 31, 2020 Report Share Posted August 31, 2020 I thought about buying some Berkshire. Problem is, it performed quite bad form a european based investor perspective during 2000 to 2009 when USD was weak. Another thing: It doesnt beat the S&P since 20 or so years it seems. The S&P Total Return actually beats Berkshire since that time? Berkshire pays no dividend, so I simply don‘t know why I should buy Berskshire and not just the S&P. Besides that I like Buffet. He doesn‘t seem to be an asshole and is calm and so, not very loud. I like that. Buffet quotes I like: "You can't produce a baby in one month by getting nine women pregnant." 😂 „The most important thing to do if you find yourself in a hole is to stop digging." 😂 „I just sit in my office and read all day" "I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business." "The most important investment you can make is in yourself." „Read 500 pages like this every day. That's how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it." Link to comment Share on other sites More sharing options...
DrStool Posted August 31, 2020 Author Report Share Posted August 31, 2020 Testing the intraday high. Link to comment Share on other sites More sharing options...
DrStool Posted August 31, 2020 Author Report Share Posted August 31, 2020 Hourly indicators are bullish in direction but still in negative territory. Tossup. Link to comment Share on other sites More sharing options...
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