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Re: No-Quarter post# 31152

Friday, 05/10/2024 9:15:18 AM

Friday, May 10, 2024 9:15:18 AM

Post# of 33175
It no longer matters what the truth is, only what people want to believe and what they see in print. And right now they want to believe badly that things are okay and a reduced CPI next week will prove it, so be ready.

Personally, I am not sure what is going to happen although I think it is going to be bad. But I am just following my charts. I have been long since the first day of May. My accounts are up 5.0% mtd vs SPY 3.6%. As I have said many times, I am very aggressive on going long and very nonaggressive for going to cash. My 15min charts are telling me this could be a nice up day. I went all in for my aggressive acct last night. We had a 1% day Monday and .6% yday, So SPY up another 1.7% so far this week. Let's round it off to 2.5% for the week.

Trade the Charts and not the Heart - Expect the trend to
continue until it doesn't - Realtime is the real deal

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