Stock Market Course And Heading 06/15/20

Last Monday, after sailing in beautiful weather for 25 days, ↑ 466 points or  17%, the King High Tide finally crested at 3233. I had been preparing for the inevitable storm, calling boats back to the dock during the final sunny days of the tide, with as much as 72% of the fleet moored at the dock.

Then came a violent storm that dropped the seas by  249 points or  7%. Normally,  7% would be a strong signal to set sail, but because of hurricane coronahigh winds and  17% over 25 days, the violent destruction remains firmly in my mind.

Expecting the seas this week in a range between 2950 and 3133 and over the next 30 days the seas could drop to 2750.

Captain's Boat Log:
  • Cautiously launch boats below the 3000 level.
  • Continue sailing boats already at sea.
  • There are no short sailings planned.
Fair winds and following seas!

Trading Tide Levels (at the time of the post):
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