Snow day today. I haven't been doing much the past few weeks due to my schedule but did play off the weekend marker. Made a couple nice metal trades, messed up a bit on Mon.
Was just going to comment how a few weeks back I figured the permas would be pulling the hairs out of their butt by now. I'm sure they were looking for a Nov swoon. There's an old Wall Street saying something like, turkey is for the bears and santa is for the bulls. Years ago it was a good trade.
I see a peak here but still open to an early Dec. pop if we turn down Fri. But all these clusters over the next couple weeks are muddy to me, partially because again, I'm not doing my damn homework!!! This project of ours has me going full time.
But now we've taken out last weeks hi so this opens the door for a Dec. or even a Jan. I/T hi. You were looking for 3150ish and it's here. 3200+? Sure why not.
The Fed date is a marker and there's something happening around the 16-18 point that I've narrowed to 16-17. Pop into the Fed and drop? Then a x-mas pop or at least into opex? The wiggles are hard for me to see right now.
I'm going short later today, if it looks right and see how Fri. plays out.
Got a generator engine to tear apart so today's a good day for that.
yup happy turkey day. The wife is already getting things started for the gang.
Brokers, who needs em'. All they do is make you broke-er.
