Replies to post #95173 on Advanced Micro Devices Inc (AMD)

[JLS]

I waited today to see the day's trade start ...

Watched SMA(26) and SMA(65), and Pivots, all on a minute chart to see if there might be a meaningful reversal that would have legs.

Didn't like what I saw so went to cash with the conviction that I want to see a number of sequential days of stability along with signals that the market wants to go higher for more than a day or two. Then I'll consider a short-term (less than a week) Buy/Write trade -- the kind that I can make 5% in a couple sequential trades.

Prior to this latest Trump Dump my trading portfolio was at an all-time high.

These last couple of days put me 4.93% off that high. I have no tolerance for that. Besides, I have a ton of work to do outside -- and I also have to go get a first-ever hernia patched up (LOL), a result of lifting 100-lb logs into my loader all by my wee self. Sometimes the worker-bee in me is a stupid idiot!