Note the negative divergence. Price going up, RSI going down. TA would say this often means a decline in price is coming.
NOTE: I am not any sort of financial or investment professional, and I take no responsibility for any actions taken by you.
1 posted on
02/13/2024 6:39:08 PM PST by
Eccl 10:2
To: Eccl 10:2
It’s been breaking 52 week highs for at least a month. Definitely not a good time to buy
2 posted on
02/13/2024 6:43:22 PM PST by
NWFree
(Sigma male 🤪)
To: Bob434; calljack; cgbg; Craftmore; DCBryan1; EEGator; Fireone; fretzer; hecticskeptic; ...
3 posted on
02/13/2024 6:43:33 PM PST by
Eccl 10:2
(Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
To: Eccl 10:2
I saw your post earlier. I’d love to get on your investment thread!
5 posted on
02/13/2024 6:47:40 PM PST by
Alberta's Child
(If something in government doesn’t make sense, you can be sure it makes dollars.)
To: Eccl 10:2
please add me to the pinglist, thanks
To: Eccl 10:2
Please add me to your ping list.
21 posted on
02/13/2024 7:15:35 PM PST by
ConservativeMind
(Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
To: Eccl 10:2
RE: crusty old prospector Post # 4
“Buy high, sell low...”
**************************************************
Timing is the essence.
Just remember: “A wise man’s heart is at his right hand...”
(Please (((Ping))) at your convenience)
22 posted on
02/13/2024 7:19:11 PM PST by
HippyLoggerBiker
(Always carry a flagon of whiskey in case of snakebite and furthermore always carry a small snake. )
To: Eccl 10:2
IMHO the simplest way to play the game of prices is to have a diversified portfolio in many asset classes, and always buy into the one you have the lowest dollar amount in (buy low).
I invest in over 30 mutual funds that are in equities in my Roth IRA. Where will this month's investments go? Into whichever mutual fund has the lowest balance. (I'm quasi retired and currently working, thus currently investing, but we'll pretend I'm still working all year.) It doesn't matter why that particular mutual fund is lower than the others. I buy into it.
Likewise in retirement I do my 4% annual withdrawal (usually it's 1/3rd of 1% monthly) from whatever mutual fund has the highest balance.
25 posted on
02/13/2024 7:27:42 PM PST by
Tell It Right
(1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
To: Eccl 10:2
please add me to the pinglist, thanks
30 posted on
02/13/2024 8:19:12 PM PST by
Prov1322
(Enjoy my wife's incredible artwork at www.watercolorARTwork.com! (This space no longer for rent))
To: Eccl 10:2
Add me to the ping list, please.
36 posted on
02/14/2024 12:07:08 AM PST by
RoosterRedux
(A person who seeks the truth with a closed mind will never find it. He will only confirm his bias.)
To: Eccl 10:2
I would also like to be on your ping list please!
37 posted on
02/14/2024 12:17:26 AM PST by
Grammy
(When tyranny becomes law, rebellion becomes duty. Thomas Jefferson)
To: Eccl 10:2
In the future, post these threads in chat. Thanks.
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