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dinghy
Video Poker Master
Posts: 2008 Joined: Mon Apr 29, 2019 8:24 am
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by dinghy » Mon Nov 17, 2025 11:01 am
wildman49 wrote: ↑ Mon Nov 17, 2025 10:37 am
Shorts having a field day in the crypto complex.
Crypto stocks one-month chart:
They're all minus 20% or worse.
dinghy
Video Poker Master
Posts: 2008 Joined: Mon Apr 29, 2019 8:24 am
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by dinghy » Mon Nov 17, 2025 11:11 am
I'm continuing to knife-catch BBBY and CWH. Both are worse than 50% down from their 52-wk highs.
Waiting for COTY to drop below 3.40.
Other than those, I don't have much on my shopping list. I know I'm missing some bargains.
wildman49
Video Poker Master
Posts: 1353 Joined: Fri Oct 05, 2012 10:45 am
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by wildman49 » Mon Nov 17, 2025 11:30 am
Fear & Greed Index extreme fear 15
dinghy
Video Poker Master
Posts: 2008 Joined: Mon Apr 29, 2019 8:24 am
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by dinghy » Mon Nov 17, 2025 11:38 am
wildman49 wrote: ↑ Mon Nov 17, 2025 11:30 am
Fear & Greed Index extreme fear 15
On that basis (as a contrarian indicator), stocks should be bottoming here, yes?
wildman49
Video Poker Master
Posts: 1353 Joined: Fri Oct 05, 2012 10:45 am
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by wildman49 » Mon Nov 17, 2025 11:41 am
not really it can sit at this level for days/weeks but in do time rally on over sold coming. A good time to unload into it. I don't see this selling ending till late December with small rallys here and there.
The market sniffing out a bad economy. Bonds, short etf and cash is king for now.
CSCO hit all time high last week after 26 years.
dinghy
Video Poker Master
Posts: 2008 Joined: Mon Apr 29, 2019 8:24 am
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by dinghy » Mon Nov 17, 2025 11:54 am
wildman49 wrote: ↑ Mon Nov 17, 2025 11:41 am
not really
This is the longest-term chart I could find with an S&P 500 cross-reference:
That looks more contrarian to me than not.
Sentiment indicators are usually contrarian, except when a subset of traders is identified as "smart money."
Of course we're not relying on one indicator for our entire analysis.
dinghy
Video Poker Master
Posts: 2008 Joined: Mon Apr 29, 2019 8:24 am
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by dinghy » Mon Nov 17, 2025 12:04 pm
CWH drops to single digits.
I'm also buying PCT Purecycle.
Anyone looking at RGR, the gun company? Trading at nearly a 15-year low, just above 30.
olds442jetaway
Video Poker Master
Posts: 11317 Joined: Tue Aug 21, 2007 9:08 pm
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by olds442jetaway » Mon Nov 17, 2025 1:56 pm
I have a little CSCO. Owned many many years. Up a little over 50 percent, but 30 years or so was a long time to wait.