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CURRENT MARKET TREND: Down on 1/24/2020






Friday, September 30, 2011

90% Return in 3 hours

Don't believe me? Just bet on Michigan to cover a 20 point spread on the MN Gophers! Easier than trying to predict the stock market huh?!?

Anywho, I've been playing the ups and downs of this market, and while making decent money, it has been trying on me. Yes, I too get worried sometimes. It's frustrating with all the gaps up and down, and although I've made money on nearly every turn, it's time for me to take a break from trading.

Oil should still hit 75ish before a bounce
The SP500 should still make a low around 1070-80 before a sizeable bounce

So I'm putting in limit orders for LONG!!! Positions on SPY, IWM, GBP/USD and AUD/USD. These orders should be filled either late next week, or early the following. I'm not going to watch the markets next week. I'm just going to see how my "future analysis" does and either suffer the consequences or reap the rewards!

Peace

1 comment:

  1. Nice going Geno but you need to take it easy at your age....!

    ReplyDelete