High Tide #4 Head Fake

Just when it looked like High Tide #4 was receding to begin Low Tide #5, the Tide began to rise again and High Tide #4 lived on, now up 21% from Low Tide #4.

Is it common for a High Tide to rise over 19% during a hurricane? Well, both the Dot-Com Bubble and the Great Recession each had 3 High Tides rise over 19%.

Same Course And Heading as yesterday:
  • Preparing some boats to depart around the 2000 - 2200 Tide Level.
  • Keep cruising (hold) existing positions (even though the hurricane is likely not over, the market could rebound sharply and calling these boats in now would miss the bounce.)
  • No short positions planned.
Click here for an update on Hurricane Corona

Fair winds and following seas!

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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