Trend and New Years!
when 70 of 75 etfs and such are red things are going down. So over the past few weeks that I've had my "trend" indicators up, I've notice two kinds of trend days. There's the smashing it to he extreme and hold it there trend and then there is the run the gauntlet trend that goes from one extreme to the other or from the middle to the extreme. Interesting to see. If you're wondering what I look at it is a bunch of etfs and such, the VOLD in a coulbe ways and the ADD in a couple ways, VIX, XLF, and TICK. I look at XLF because once I read somewhere that if a move is going to stick, then the financials (or maybe it was banks) will be moving with it. I feel like I wrote that somewhere on this blog already. Well anyway...I need to eat. hoping for a little bounce in MARA here. I'm in the money, just hoping to be more in the money. We'll see. I need to do more hoping when I'm in the money, so that is what I'm doing right now. Just hanging on to a portion of it. Everyone, have a happy new years! Self evaluate and review. Have a great coming year! Do those things that you think of that you know you should do. Cheers!
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