Party's Over, It's Time to Sell.

Discussion in 'Trading' started by schizo, Dec 29, 2024.

  1. schizo

    schizo

    Now I really feel like an old geezer because I did that too back in the days, and I mean way back in the early 90s.
     
    #131     Jan 9, 2025
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  2. deaddog

    deaddog

    And called your broker on a landline
    and paid 3% commisssion.
    With a 25 cent spread.
    The good ole days.
     
    #132     Jan 9, 2025
    Picaso and ironchef like this.
  3. schizo

    schizo

    Except everything was in fraction back then (1/8, 1/4, 3/8, 1/2). Yeah, the good ol' days.
     
    #133     Jan 10, 2025
  4. schizo

    schizo

    Alright, you peeps. Here's that dreaded Friday y'all been waiting for. I'm looking forward to a weekly wrap-up after the close. What about you? :sneaky:
     
    #134     Jan 10, 2025
  5. schizo

    schizo

    And it looks like we'll be closing below that support line (or very close to it). Come next week, heads will definitely roll, hopefully not in your direction.

    THEN...
    [​IMG]

    AND NOW...
    upload_2025-1-10_12-54-19.png
     
    #135     Jan 10, 2025
    NoahA likes this.
  6. Today is the first concerning day for the bulls and V team. Still some time to play out and it wants the green day, BUT the rejection at the 5EMA is indicative of a downtrend. Have not seen that in a very long time. I can't sugarcoat a day like today. If this goes red and the Q's lose 500 we are going down to 492 next.
     
    #136     Jan 14, 2025
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  7. ironchef

    ironchef

    Yet traders made more $$$$ those days.
     
    #137     Jan 14, 2025
  8. Not enough energy to look for the quotes, but for weeks (months?) you've said this would NEVER happen :D
    :sneaky:
     
    #138     Jan 14, 2025
    christhesquid likes this.
  9. well today is green for sure as I said earlier, but there's concern for either later this week or next week. It might be stalling time, while allowing the lower BB to increase before it can drop.

    Yes, but there are too many signs that I can't ignore right now. I still am always a bull and believe in the V, but I can't be a blind idiot here, when it actually has a legit chance of going lower. Though every time I've thought it would go lower, it always somehow got saved. We shall see.
     
    #139     Jan 14, 2025
  10. deaddog

    deaddog

    Really? The spread and the commissions ate up a lot of profit.
     
    #140     Jan 14, 2025