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- Last Update: 26 January 2020, 14:10
General Market Commentary
Market and metals bouncing today. SOXL, TECL, been hot, hot! Have a fine weekend out there. Stay safe, keep warm. Will try to get into the charting better next week...
Jan 17 Fri 2:45 p m> Broad market still very over extended, with F&G index above 90. Metals trying to base with back and fill. On Feb 2016, the $INDU was 18,205. By Aug , the $INDU had a loss of 2835 points and closed at 15,370. Fast forward to today, we are now above 29,000. Maybe on track for Dow 30,000 by summer. Almost a 100% possible gain in 4 years. Could this really happen? I will be 76 next month and have seen many exciting things in the market place over the past few years. We are truly seeing history be made. Today, CLM and CRF, both doing quite well.
New charts under Oil section... If price drops below purchase price, sell and wait for another entry. Patience and Discipline...
Nancy will have (only one) a knee replacement surgery next Tues, so will be away for a couple days. We have a EZGO burgundy golf cart. The V.A. is giving me a burgundy mobility scooter, for agent orange related problems from Nam 1965. Maybe be here for my birthday. How cool is that? Anyway, all stay well and safe. Good weekend to all! Appreciate the support and votes...
Nancy and I are celebrating our 53rd wedding anniversary! And the old man being home from Nam 54 yrs ago. All a Blessing from God!
Proverbs 3:16 Blessed is the man who gains wisdom, the man who gains understanding.
The gift of giving is good, the gift of learning is great.
Acts 20: 35. It is better to give than to receive. Wealth is good, health is better, and God is Great!
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