Originally Posted By: Oldmoparguy1
Yup.. Looks like cmhj is right on target. I might actually buy something next week...
Looks like someone was paying attention.
About a week or so before the Jan. low I said a roller coaster was coming. If this ain't a gosh darn good ole' fashioned roller coaster ride I have no clue what this is.
As suggested April 14-15 is key now. The roller coaster road map has changed as was suggested when March 27 wasn't a high even though we did get a mid day spike up that day.
Depending if we reverse by midweek, which should happen is the first clue to the next 2-3 month roller coaster. Where the next S/T or I/T high comes in is also paramount to the upcoming roller coaster projection even though I think I know where & when that'll be.
IMO the roller coater will become more intense over the next several weeks both in time and price swing. This means seat belts are still required. The exception here would be if we get a big pop early next week and settle down into later next week with another pop into April 22 or so.
Regardless, I'm very comfortable with my mid March slow buy positions even though they don't amount to a pile of #$%^.
Keep this in mind. >>>>>>>
Once/if you found the major low or high sideways markets build cause. Cause will give an effect. Cause = time. Effect = price.
The above is true regardless of the time frame.
Otherwise be a trader and trust your system if you have one when in a 70s theme, which as suggested before I firmly believe we are in again.
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O/T
The wife and I had a very nice week traveling around the east coast without a single arguement!!!!! Despite that being a major accomplishment, during our trip I looked at the market one time to check on my shorts. That's a major record and the wife thought I was having withdrawls, which I was
.
After a few days of catching up on mail and some of the wifes business issues we'll be off again.
I only have about 60 photos & post cards to bore my mother, family & trading members when I go out to Wis. in May so I need a few more to seal that deal. Hope they don't throw me to the wolves. After all I'm the Lone Wolf.
