Quick Update Jan 20
Again had a full post going but never finished, I will do a long one this weekend.
iam BULLISH.
Bullish on nearly all commodities, NatGas has issues in america but should pick up in another few weeks... Coal looks really good. Gold & Silver I would stay away... the run on Gold is a whale battle (it doesn't hurt that the US has a threat of being downgraded) I would let the whales battle it out and choose a direction... QQQ should hold 275 if we drop then 273 should hold... I LOVE TESLA!!! iam still buying every dip! anything above 123 is bullish, anything below is a gift... I still like bitcoin and Mara/Riot... and started a new position in STEM which sounds like a bio company but is actually energy management and storage for mostly solar.
a new position I started yesterday around 9.69, couple thousand shares to start. it's an energy tech company specializing in storage especially for solar. $Stem Inc(STEM.US$ these companies will be huge in the "new" economy
sorry for the quick posts, I hope everyone is KILLING this market!!! I broke 400% returns! I broke out so high the chart couldn't track it ![]()
Be Safe, Be Careful, Be Wise and as always
Good Luck ![]()
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Engineer, Commodity Buyer, Alert Bettor,
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icezzz : Today market green . do u think will have another leg down ? Holding some sqqq, wander to sell or hold . Thanks
iamiamOP icezzz: LEG down - NO
pullback and go - Yes
icezzz iamiamOP: Thanks for advice, will cut losses when pull back
iamiamOP icezzz: it is my belief we completed wave 2 down on a small and long trend, we are now in the strongest wave 3 up in both short term and longer term. wave 3s should be the longest and strongest moves. I also think we completed the shortest term 3 so expect a selldown to 278/9 then resume to a new peak 284/5¿ before another pullback. overall and I will explain this in my post I se 318- 320+++