The Market 2022

[Folster]

Oh boy has Ford been on a tear! I bought way too early but have been rewarded for my patience.

 

[Finito]

Oh boy has Ford been on a tear! I bought way too early but have been rewarded for my patience.

When did you buy in?

 

[Folster]

When did you buy in?

May 2017 @ $11.03. Almost cut bait a few times.

 

[Finito]

May 2017 @ $11.03. Almost cut bait a few times.

Oh you been holding for a minute. It dropped down to like 4 bucks in 2020.

I think they’ll be the biggest player in the electric movement out of the big auto makers

 

[Folster]

Oh you been holding for a minute. It dropped down to like 4 bucks in 2020.

I think they’ll be the biggest player in the electric movement out of the big auto makers

yeah. Kicking myself for not averaging down, but just happy I did not sell prematurely.

 

[dscher]

Volatility is back. Hang on to your hats!

 

[Folster]

Volatility is back. Hang on to your hats!

I'm ready for it. I really want crypto to get destroyed. It's time.

 

[dscher]

I'm ready for it. I really want crypto to get destroyed. It's time.

I called for 30k level awhile back and it looks like we are forming a pattern for a move back to that supply zone.. we'll see.

 

[Devilmaycare]

I called for 30k level awhile back and it looks like we are forming a pattern for a move back to that supply zone.. we'll see.

Are you predicting 30k for the Dow or BTC? Or both?

I've been getting nervous for a big pull back too and been thinking of taking profits, at least from my non-retirement play account. I've held off though since Insider Nancy has been buying options like crazy.

 

[dscher]

Are you predicting 30k for the Dow or BTC? Or both?

I've been getting nervous for a big pull back too and been thinking of taking profits, at least from my non-retirement play account. I've held off though since Insider Nancy has been buying options like crazy.

Oh. BTC 30k. Good support in that area with alot of traded volume. There will more than likely be a decent bounce if shares are accumulated there... IMO

The Dow I think has a date with the 200 day MA or range. 34k would be a nice round number and a level we traded at back in November.

 

[dscher]

I've held off though since Insider Nancy has been buying options like crazy.

xc_hide_links_from_guests_guests_error_hide_media

 

[Folster]

Is the bottom in or is the recent rally off of a false bottom? I know the high multiple Kathie Wood stocks have crashed from their highs, but much of the market remains unscathed with the big names that lead the S&P experiencing only very minor pullbacks.

 

[dscher]

Is the bottom in or is the recent rally off of a false bottom? I know the high multiple Kathie Wood stocks have crashed from their highs, but much of the market remains unscathed with the big names that lead the S&P experiencing only very minor pullbacks.

Nasdaq breadth is still very much under pressure...as the technology sector goes, goes the market. I'm in the opinion this is just a dead cat. We have more to capitulate before meeting a decent bottom.

 

[Folster]

Nasdaq breadth is still very much under pressure...as the technology sector goes, goes the market. I'm in the opinion this is just a dead cat. We have more to capitulate before meeting a decent bottom.

Maybe some short covers today too.

 

[dscher]

Maybe some short covers today too.

Yep. And persistent retail dip buyers. FOMO is at fever pitch right now.