movetheboat
Well-Known Angler
MOST of my hanging curves get deleted so you have me at a disadvantage sirA wise and prudent man wouldn’t have been publicly bullish the day before the Fed Chairman meeting with the Senate.
Served up hanging curves will be smashed out of the ballpark…
Those are the days (fed) the market makes huge moves.....6 weeks we will see that today was just a blip. Maybe not, I'll let the market tell me. I don't trade the market the way you think. So what matters to me is movement up or down. I may have a long term outlook (6weeks) but along the way I have many different positions good for an up market or down and sometimes have no positions. Usually when the market closes on the lows like today it will go up the next day...if not BAD NEWS. And yes I have some 401 and stuff that I have exposed beyond my complete control but like you I don't need them as my monthly retirement checks more than cover expenses.
I actually now have 75% of my play money is in CDs and savings and the rest is trading for chits and giggles. They don't even charge commissions trading anymore so you can pick up some spending money if you get it right.
Anyway NYA is probably not the place to start a thread like this as it appears the grasp or desire to understand this is not there. Too bad....but hey 3 word story is doing well!! lol
I still rec that the young uns just by an index fund making regular monthly purchases and dollar cost avg. Trading is not for them