If you didn’t see this coming then go ahead and hang it up.

Very obvious mini bear market rally coming off some oversold levels on a “dead week”. Meaning no economic data, meetings, etc. Now coming into disaster earnings, Jackson hole, 75/l00 rate hike drama, and likely recession print. At a minimum you should have hedged your position yesterday after that red to green rally.

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Posted by UltimaParadox

Huntsville

Member since Nov 2008

40886 posts

Posted on 7/22/22 at 6:28 pm to TigerDeBaiter

quote:
If you didn’t see this coming then go ahead and hang it up.

Very obvious mini bear market rally

Lol

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Posted by Guntoter1

Baton Rouge

Member since Nov 2020

1035 posts

Posted on 7/22/22 at 6:30 pm to TigerDeBaiter

quote:
If you didn’t see this coming then go ahead and hang it up.

So you knew the market was going to turn red today after three days of green. Congrats. That’s why I’m asking for your advice.

I’m just curious if some of you thought that this rally might continue for one more week.

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Posted by Teddy Ruxpin

Member since Oct 2006

39609 posts

Posted on 7/22/22 at 6:36 pm to TigerDeBaiter

I'm assuming you're rich and don't work much if you knew this was coming.

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Posted by Guntoter1

Baton Rouge

Member since Nov 2020

1035 posts

Posted on 7/22/22 at 7:31 pm to TigerDeBaiter

quote:
Very obvious mini bear market rally coming off some oversold levels on a “dead week”. Meaning no economic data, meetings, etc. Now coming into disaster earnings, Jackson hole, 75/l00 rate hike drama, and likely recession print. At a minimum you should have hedged your position yesterday after that red to green rally.

Thanks for the feedback.

This post was edited on 7/22/22 at 7:35 pm

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