DrStool Posted December 9, 2020 Report Share Posted December 9, 2020 It's an 80s dance party. Let's get high and dance! 2-3 day and 5 day cycle projections all 3735-3750. First they gotta get through resistance 3715-17. lick to engorge 3700 is now support. They'd have to break that to get anything going on the downside, and even that wouldn't get far before hitting stair treds. I don't know when this thing is going to unload. Yesterday I came in 85% long, and got a little crazy mid day getting to 45% short. Mistake. It cost me most of what would have been big profits yesterday. I spent the last hour cleaning up my baby poop. This is the curse of the preternatural bear. Psychologically it's hard to stay long for long. By the end of the day I had repositioned for today's session by getting long a few of the stocks that my screens had spit out on buy signals yesterday morning. I am 6 to 1 long/short. We'll see how that goes. I am currently running screens for possible movers today. Link to comment Share on other sites More sharing options...
DrStool Posted December 9, 2020 Author Report Share Posted December 9, 2020 Rest in Peace, Dick Allen. You gave this teenage kid much joy. Link to comment Share on other sites More sharing options...
DrStool Posted December 9, 2020 Author Report Share Posted December 9, 2020 I would guess that I saw him play 40-50 times during the years he was in Philly. I saw more than a few of those home runs that he hit over the light towers and billboards on the left field roof with my own eyes. The man didn't use a bat. He swung a 40 ounce war club like it was a toothpick. Every time he came to the plate was an event. Link to comment Share on other sites More sharing options...
DrStool Posted December 9, 2020 Author Report Share Posted December 9, 2020 Hourly indicators are on the sell side and we've come to the uptrend line. As long as those indicators are above the zero line, I don't expect them to amount to anything. The trend is still up. Link to comment Share on other sites More sharing options...
DrStool Posted December 9, 2020 Author Report Share Posted December 9, 2020 The Stimulus “Magic Bullet” Is Bearish Link to comment Share on other sites More sharing options...
DrStool Posted December 9, 2020 Author Report Share Posted December 9, 2020 Please fasten your seatbelts. Link to comment Share on other sites More sharing options...
DrStool Posted December 9, 2020 Author Report Share Posted December 9, 2020 THere's been a ton of long profit taking this morning. But SPX is holding up. Link to comment Share on other sites More sharing options...
DrStool Posted December 9, 2020 Author Report Share Posted December 9, 2020 13 minutes ago, DrStool said: THere's been a ton of long profit taking this morning. But SPX is holding up. Not any more. Link to comment Share on other sites More sharing options...
DrStool Posted December 9, 2020 Author Report Share Posted December 9, 2020 What a bunch of horseshit today. The bullishness driving this piece of shit is an inch deep. Link to comment Share on other sites More sharing options...
DrStool Posted December 9, 2020 Author Report Share Posted December 9, 2020 Tell you what boys and girls. This was not in the program today. Trend support here. Link to comment Share on other sites More sharing options...
FranciscoTheMan Posted December 9, 2020 Report Share Posted December 9, 2020 ding, ding, ding Link to comment Share on other sites More sharing options...
DrStool Posted December 9, 2020 Author Report Share Posted December 9, 2020 Trend support 3685. Link to comment Share on other sites More sharing options...
DrStool Posted December 9, 2020 Author Report Share Posted December 9, 2020 Boing goes the trendline. Link to comment Share on other sites More sharing options...
DrStool Posted December 9, 2020 Author Report Share Posted December 9, 2020 Trendline smash. I'm in awe. Link to comment Share on other sites More sharing options...
DrStool Posted December 9, 2020 Author Report Share Posted December 9, 2020 Good grief. Didn't see this coming. Link to comment Share on other sites More sharing options...
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