SMC Special Update 10-11-24 9-15 am Pacific

10/11/2024


Comments (6)
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daniel039209
daniel039209

Well, since dire DJIA warning 3 days ago ? 4? I dk. I’m away. We have rallied 745 points. I’m taking a short position here as there is market weakness chance from now to Oct 24-26. Then you are supposed to be long over all for a while DIA 427.50 short. I’ll let ya know how that goes The fact that Peter is trying to wait little bit more after being negative for ?? 18000 djia points says a lot to me.

csamsd834
csamsd834

The value had always been following projections. It pivoted to gaming a top...its been a year of trying to guess a top while endless components of the SMH and QQQ have rocketed to new highs. If you go back several years, you used to publish projections and connecting price objectives using fib analysis, etc. What happened to that analysis Peter?

XXSPOWER127
XXSPOWER127

THE /NQ VOLUME IS GROSS

ALL TIME HIGHS AND VIX AT 20?

MAYBE A NICE FLASH CRASH FOR A COUPLE DAYS !! ( * ) YOU know for the indigenous people I mean Columbus day sorry to offend LOL

WHY??

FEAR AND GREED IS IN EXTREME GREED https://www.cnn.com/markets/fear-and-greed

BEEN A LONG TIME SINCE IT HIT IT

daniel039209
daniel039209

Nothing like losing $$$ immediately. Oh well. I can wait another 10 days

daniel039209
daniel039209

csamsd834 said:

The value had always been following projections. It pivoted to gaming a top...its been a year of trying to guess a top while endless components of the SMH and QQQ have rocketed to new highs. If you go back several years, you used to publish projections and connecting price objectives using fib analysis, etc. What happened to that analysis Peter?

Great insight and question. I think , when one stands in the face of “ IM RIGHT , THE WHOLE WORLD BUYING STOCKS IS WRONG” is a problem with an Ego or would love to be “ THE HERO”. Both are disastrous in managing money. If followed Peter’s advise, account would be blown to bits

XXSPOWER127
XXSPOWER127

daniel039209 said:

Nothing like losing $$$ immediately. Oh well. I can wait another 10 days

@ES 24.27 STILL HAS WAY HIGHER PROJECTIONS = any down will be a temp retrace maybe some pre election nervousness

NOT A GENERATIONAL TOP TODAY .. LOL

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