Course And Heading 07/22/19

The current tide had been rising for 42 days and rose to 11% above the June 3rd Low Tide of 2729. $T is down below a price I returned to the dock with which is tempting me to take it for a spin again BUT... $T has a potential Rip Tide this week with an earnings release on Wednesday. In addition, our debt-fueled economy does not give me confidence that the current tide will continue to rise. So, not wanting to get caught in a Rip Tide and the potential for the tide to recede:
  • No new long positions planned.
  • No new short positions planned.
  • Hold or sell existing positions.
Trading Tide Levels:
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This is for informational purposes only and the information provided does not encompass all possible or probable outcomes and nothing posted here is an indication of future results. Nothing in this blog is a guarantee or promise of future investment returns and investing in stocks or bonds carries risks including losing your entire investment. I do not recommend, advocate or endorse any third-party links, resources or advertisements of any kind. Any investment decisions are recommended to be in conjunction with a Certified Financial Planner, a comprehensive and personal financial plan and all other components that make up your own financial situation.

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