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QQQ Hourly Chart - Mid-Day 02/28/24 - Critical short-term juncture
Stockcharts ^ | 02/28/24 | self

Posted on 02/28/2024 9:34:53 AM PST by Eccl 10:2



TOPICS: Business/Economy
KEYWORDS: investments; qqq
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To: eyedigress

“I think that is what you started this thread for, to figure out what people are thinking.”

$$$$$$$$$$$$$$$$$$

Exactly. While I have my own methodologies, reasons, and expectations, I most certainly have no monopoly on the correctness of my conclusions. I highly encourage the exchange of thought and information among us for the benefit of the group.

Thanks for chiming in.


21 posted on 02/28/2024 11:58:23 AM PST by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
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To: Justa

https://www.youtube.com/watch?v=ovXaIFPy-ks

$$$$$$$$$$$$$$$$$$$

Eye-opening interview. Thanks for sharing.


22 posted on 02/28/2024 11:59:33 AM PST by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
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To: aMorePerfectUnion

The “System” must include politics.

You know that means taking risk against normal conditions.

We don’t have that kind of normal insight for Wall St.


23 posted on 02/28/2024 11:59:46 AM PST by eyedigress
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To: aMorePerfectUnion

“It is relatively easy”

I have a 100% record on my timing! I bought years ago and never sold.


24 posted on 02/28/2024 12:00:10 PM PST by TexasGator
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To: Justa

“Many people have never seen economic repression.”

We have been in a financial repression for years.


25 posted on 02/28/2024 12:04:37 PM PST by TexasGator
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To: Eccl 10:2

Of course we have thoughts.

I think the market is over blown BUT biden is in charge.

That changes everything.

That laundry machine isn’t moving. If I hear of trucks getting near it, I am out.

I am all in 85%.

There you go.


26 posted on 02/28/2024 12:06:46 PM PST by eyedigress
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To: eyedigress

“The “System” must include politics.”

The REAL system is based on economics. Of course the feds are part of that picture.


27 posted on 02/28/2024 12:15:06 PM PST by TexasGator
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To: TexasGator

I like you.

You just throw it out there.

I could trust you in a bad situation.

cool.


28 posted on 02/28/2024 12:18:17 PM PST by eyedigress
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To: eyedigress

I was pleasantly surprised to see my portfolio open green this morning. Now up 0.8%. ETN is 50% of my portfolio. JPM and CVX are #2 and #3.


29 posted on 02/28/2024 12:24:06 PM PST by TexasGator
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To: eyedigress

—> The “System” must include politics.

It does not, as a separate input


30 posted on 02/28/2024 12:28:58 PM PST by aMorePerfectUnion
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To: TexasGator

I do not need much. If I push it all to cash it is OK.

If the USA fails it does not matter anymore.


31 posted on 02/28/2024 12:32:43 PM PST by eyedigress
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To: aMorePerfectUnion

Well, that purchase of T isn’t stopping.


32 posted on 02/28/2024 12:34:06 PM PST by eyedigress
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To: aMorePerfectUnion

What is your system?


33 posted on 02/28/2024 12:34:20 PM PST by TexasGator
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To: TexasGator

I am on high tech and some food stocks. I am gonna stick with S&P growth. I have 5 years to ride it.

I would like to help youngsters to ride it but that starts with housing. Outta my league now.


34 posted on 02/28/2024 12:39:15 PM PST by eyedigress
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To: eyedigress

Not yet.


35 posted on 02/28/2024 12:50:46 PM PST by aMorePerfectUnion
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To: eyedigress

” I have 5 years to ride it.”

I am 77. I hope to ride it AT LEAST five years.


36 posted on 02/28/2024 1:15:15 PM PST by TexasGator
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To: TexasGator

You have me by 17 years.

I call a generation 20. I gonna quit soon.

I don’t need much. 6k a month should do me.


37 posted on 02/28/2024 2:01:31 PM PST by eyedigress
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To: Eccl 10:2

I’ll add this… cause it’s an interesting observation.

“ The top 10% of stocks in the S&P 500 account for 75% of the market, the highest concentration level since the Great Depression, per Deutsche Bank”

- x/Unusual Whales


38 posted on 02/28/2024 5:21:59 PM PST by aMorePerfectUnion
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To: Eccl 10:2; ckilmer

” large bull flag”

I know you guys do a lot of work and put a lot of effort into
checking those charts ....
and I don’t dismiss it at all ....
I have seen you make some FANTASTIC calls ...

but ....
it looks like a horse to me.
right to left ...
head inside the purple lines
mane running down his back
two legs
then his back, about at the lower purple line
two hind legs
red tail flying in the air
o ... and a green horn on his head.
WAIT a minute ... that is a UNICORN ...

And I’m not kidding ... you have to see that now ? ..right. ?
so ... what the heck would that mean?


39 posted on 02/28/2024 6:41:11 PM PST by 1of10 (be vigilant , be strong, be safe, be 1 of 10 .)
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To: 1of10

40 posted on 02/28/2024 7:05:40 PM PST by TexasGator
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