9/18 Here's your pop. This may last from 1 to x days/months. Please
consult a professional financial advisor.
(I personally would sell ~15% of whatever I wanted to end up being safe
on tomorrow's peak, and more later if the market continued up. This
RTC plan is going to levitate the market again for an undetermined
amount of time *if* it gets implemented. if it gets held up ...)
\_ When will be the peak tomorrow?
\_ Today was +3.86% in DJIA. Expect up to +4%, then look for
resistance on upward movement. Largest volume occurs in the last
1-2 hours, so you could wait for that too.
Then again, remember I said we can shitnap at any time, starting
\_ Today was +3.86% in DJIA. Expect +0 to +4%, then look for
resistance on upward movement. Finally, largest volume occurs
in the last 1-2 hours, so you could wait for that too.
Then again, remember I said we can shitnap at anytime, starting
tomorrow.
My personal opinion based on what I know and not based on
technical analysis is "the dislocation is going to happen
sooner than people think". What this means is I would be out
16% tomorrow on a +2% pop and 16% every other day there is a
+2% pop from my last sale price, six times, until I am 100% safe.
That is, if I wanted 80% safe I would be moving 16% of that
80% on each move. And my 20% whatever the hell I wanted to do
with it. fyi if you do the math this means I would be completely
done with my 80% safety portfolio at DJIA 12,388. I hope you
will get the chance to liquidate 66% (4 moves out of 6).
You can modify to suit your tastes, but the generail idea is:
- You believe this will be a temporary uptrend
- You have a disciplined plan to re-allocate
- You don't swing in and out of trades
- You're not putting MORE money into stocks other than in the
speculative side of your portfolio
- You have some model of where you will re-enter markets again,
like the 50DMA/200DMA +1% cross that I mentioned
All of the above is worth what you paid for it: Please consult
a professional financial advisor.
\_ My financial advisor says to not try and time the market. |