Posted on 02/20/2024 9:03:19 AM PST by Eccl 10:2
And if 424 support fails, all bets are off short term.
Please ping me if you want to be added to the list, but…
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I don’t think there’s anything NVDA could announce short of a blow out quarter that would turn this thing around.
Even then I don’t think the market would believe it…
The chart people getting out their colored pencils and consulting vedic astrology for future directions of the market...
As a buy and holder I’m glad my blood pressure is not tied to the charts.
i have several spy puts and not much else. all my other option plays are 2025 and 2026, so not tremendously worried week to week. short term bear, long term bull.
check the posts on this past thread to get an idea of
how “vedic astrology” can work
I’m not a chart guy but I have to give it to Eccl 10:22
some good calls ....
https://freerepublic.com/focus/chat/4218092/posts?page=21
I’m not doing to shabby myself ... if I might be so bold...
I understand. I’m just trying to get people talking.
But, all news and forecasts and such get reflected in the charts.
” get people talking.”
I heard that ... I love to hear other peoples views and reasoning ....
and you have to know calling that low well before it hit was clean and clear. .... missed the bulls eye buy .79 I think.
(I think we can call that close enough HAaaaha)
slipped a little on the retest ...but held
As we know, all the variables have”elastic” connections so to hit a number like that on the turn should pop your eyes just a little bit
I know you have my attention.
It would be nice if there were more folks who would go out on that limb , makes for more excitement an more adrenaline when you put your naked behind out there.
..... more fun than a bass boat
I had NVDA at $150 and sold at $400 :sob:
Looking to get back in but expecting a pull back first.
Thanks. Maybe I’ve just been lucky so far.
I don’t like to buy a low until that low has been re-tested and it failed.
Mirror image, I don’t like to sell a high until a high has been re-tested and it failed.
It’s virtually impossible to call exact highs and lows. That would just be luck.
I haven’t seen a higher low, or a higher high on the QQQ chart for today that would make we want to buy just yet.
I’m a coffee drinker myself.
Hey, that’s still a very nice profit.
No one every lost money taking a profit.
And no one has a crystal ball - all one can do is play perceived percentages.
There may also be some support for QQQ at 423-ish from the 200 day SMA.
QQQ has bounced off the 200 SMA in recent swings.
I’m looking for the dax and the 10 to give this push a little support ... I’d like to get back on the s train, but just a little to much peddle out there.
I just don’t trust that red dip .... yet
I hear you.
But the longer the QQQ DOESN’T go down further, the more it makes me want to go long again.
I just went long. Fingers crossed.
SPY@496.18 for my taxable account. QQQ@425.57 for my IRA.
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