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re: So much for the Santa Rally....

Posted on 12/20/22 at 3:20 pm to
Posted by go ta hell ole miss
Member since Jan 2007
13629 posts
Posted on 12/20/22 at 3:20 pm to
It hadn’t gotten here yet. It started today around noon, best I can tell. Next five days should be up overall.
Posted by tgrbaybaye666
Member since Dec 2022
34 posts
Posted on 12/20/22 at 5:27 pm to
Not gonna happen. Santa rally is dead.
Posted by go ta hell ole miss
Member since Jan 2007
13629 posts
Posted on 12/20/22 at 7:35 pm to
quote:

Not gonna happen. Santa rally is dead.


We’ll see. I guess we’ll know if I am right or you are right in five trading days. I think it started today at 3812.
Posted by go ta hell ole miss
Member since Jan 2007
13629 posts
Posted on 12/21/22 at 9:45 am to
quote:

Not gonna happen. Santa rally is dead.


You’re a mean one, Mr. Grinch.
Posted by DaTruth7
Member since Apr 2020
3811 posts
Posted on 12/21/22 at 11:19 am to
Can you read a one week chart? Where is the "rally"?
Posted by go ta hell ole miss
Member since Jan 2007
13629 posts
Posted on 12/21/22 at 11:48 am to
quote:

Can you read a one week chart? Where is the "rally"?


Can you read basic text (I can match your condescension, but it is not really necessary)? I said it started yesterday at noon. The rally is about 2% since that time. I cannot read a chart in the future for the next 3.5 days, no. I’ll report back then, though. One of us will be right. It may be you.
This post was edited on 12/21/22 at 11:53 am
Posted by tgrbaybaye666
Member since Dec 2022
34 posts
Posted on 12/22/22 at 8:44 am to
What Santa rally????
Posted by go ta hell ole miss
Member since Jan 2007
13629 posts
Posted on 12/22/22 at 9:38 am to
Agree. VIX went below 20 yesterday and it was almost guaranteed to be a down dat after that. If we breach 3800 is it not likely. Report has too much clout, too. He is a driver of this morning’s fall.
This post was edited on 12/22/22 at 9:41 am
Posted by tgrbaybaye666
Member since Dec 2022
34 posts
Posted on 12/22/22 at 1:55 pm to
Ho Ho Hooooold that cash.
Posted by go ta hell ole miss
Member since Jan 2007
13629 posts
Posted on 12/22/22 at 4:17 pm to
quote:

Ho Ho Hooooold that cash.


Not much has changed in the last three years. Don’t fight the FED (when it was going up and now that is going down) and liquidity. Liquidity is still king.
Posted by Jag_Warrior
Virginia
Member since May 2015
4112 posts
Posted on 12/23/22 at 10:03 am to
quote:

VIX went below 20 yesterday and it was almost guaranteed to be a down a day after that.


Yep. Josh Brown pointed that out a couple of weeks ago. It’s been a great single trading indicator.
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