SPY intraday model-T is ~443.98 which we just slid over.
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Last: 1 hr ago by $30,000 Millionaire
Low volume march up right nowwanderer said:
SPY intraday model-T is ~443.98 which we just slid over.
$30,000 Millionaire said:
Everyone is bearish. I could see us absolutely ripping tomorrow.
GDXJ is up nicely if you want to manage some risk as is DK.
You don’t trade for money, you trade for freedom.
keep in mind we have a gap above and a gap below. I'd like to see the upper gap fill today, preferably.
You don’t trade for money, you trade for freedom.
Charismatic Megafauna
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AG
Farmer @ Johnsongrass, TX said:
I'm still bullish. Today, I feel like the posts I remember you guys writing in first half 2021...while I sat in cash. By last half 2021 I rotated into value and sucked air the rest of the year. As for 2022, it's been green and like an old big block V8, I'm finally at operating temperature and this portfolio is rocking. I'll hit a new portfolio high today if everything holds. I'm under 1% cash and pretty much been there since July/August 2021.
You planning to "sell in May and go away?"
Low volume sell off here. I don't believe it yet.
You don’t trade for money, you trade for freedom.
Lunch time shenanigans i think
You don’t trade for money, you trade for freedom.
Some wild low volume action here. Algo trying to fill lower gap and is getting rebuffed. For now.
You don’t trade for money, you trade for freedom.
Charismatic Megafauna
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No. Coal only (RLNCOAL) would make a great vanity plate for a tesla)
I believe it's a requirement to get a vanity plate for your Tesla that references the non-use of gasoline/the use of electricity.
Farmer @ Johnsongrass, TX
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Nope. Not planning on it. More apt to be August or Sep. This Oct/Nov period has me on high alert.
Farmer @ Johnsongrass, TX
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Yes. Henry Ford built the Model T with the intent to run it on 100% ethanol.jj9000 said:
Somebody help me out here.
Can I use E85 in my Model T?
HOWEVER, as BREwmaster noted earlier, older style rubber components tend to break down with ethanol use so it could plug up some internal systems. Model T is pretty simple, gas line might only be the only thing that needs swapping out if it's old rubber. (Funny, rubber components back then (10's to 30's) did not break down from ethanol...that I know of)
ETA 11:50am - Forgot to mention, check your year model. The earlier models are suggested to have the multi fuel capability. Allegedly, there are like 13 carburetors that were used in Model T production and I know that part matters as well as the needle valve adjustment...depending on the carburetor. I say that ethanol is usable as was any combustible back then, but I am not an expert. Do check with a local club in your area. Also, know the type of carburetor you have on the engine - it's likely to come up in conversation.
Charismatic Megafauna
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Doh... you said model T not S!
Let's see pictures!!!
Let's see pictures!!!
Charismatic Megafauna
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Did it not require leaded gas? So you'd have to run additive with the ethanol if you had original non hardened valve seats?
Guys... I feel like you're missing a long-term thread staple (the Model T).
Bob Knights Paper Hands
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Me waiting for bears to pummel QQQ down to $341
sure, it would be E42.5jj9000 said:
Somebody help me out here.
Can I use E85 in my Model T?
lol
Yes, this is all your fault.
do you prefer to watch SPX for volume or SPY?$30,000 Millionaire said:
Some wild low volume action here. Algo trying to fill lower gap and is getting rebuffed. For now.
Farmer @ Johnsongrass, TX
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I did an ETA to original post. I should not have been so definitive in my initial post. There were 19 years of Model T production and early models compared to later built models are entirely different autos. Those early models were pretty flexible. When oil companies could not keep up with gasoline demand, oil companies cut gasoline with kerosene and in turn, Ford changed the compression ration from 4.5:1 to 3.98:1; hence, just more change to account for.
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Owning a Model t is on my bucket list (see what i did there? ) but mine will probably have tpi!
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BREwmaster said:do you prefer to watch SPX for volume or SPY?$30,000 Millionaire said:
Some wild low volume action here. Algo trying to fill lower gap and is getting rebuffed. For now.
I know you weren't asking me, but I flip to SPY to check out volume. I have my levels marked on SPX, so I typically watch that one more.
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Bob Knights Liver said:
Me waiting for bears to pummel QQQ down to $341
We need QQQ to hold under 343 if we're actually going to get more than chop here.
I normally watch e-mini or SPY for volume.BREwmaster said:do you prefer to watch SPX for volume or SPY?$30,000 Millionaire said:
Some wild low volume action here. Algo trying to fill lower gap and is getting rebuffed. For now.
You don’t trade for money, you trade for freedom.
cool, thanks gents.
SPY needs over 442.7 before considering being bullish.
You don’t trade for money, you trade for freedom.
30K... I know you posted it a couple of weeks ago but the old brain ain't what it used to be. What hourly volume do you look for on SPY to consider it normal?$30,000 Millionaire said:I normally watch e-mini or SPY for volume.BREwmaster said:do you prefer to watch SPX for volume or SPY?$30,000 Millionaire said:
Some wild low volume action here. Algo trying to fill lower gap and is getting rebuffed. For now.
the average volume of SPY is 115M lots per day. The peaks are the open and close obviously. On an hourly basis, I think anything over ~8-9 is notable. Below 6 is low, below 4 is holiday-ish.Ccutamu said:30K... I know you posted it a couple of weeks ago but the old brain ain't what it used to be. What hourly volume do you look for on SPY to consider it normal?$30,000 Millionaire said:I normally watch e-mini or SPY for volume.BREwmaster said:do you prefer to watch SPX for volume or SPY?$30,000 Millionaire said:
Some wild low volume action here. Algo trying to fill lower gap and is getting rebuffed. For now.
You don’t trade for money, you trade for freedom.
Appreciate it!$30,000 Millionaire said:the average volume of SPY is 115M lots per day. The peaks are the open and close obviously. On an hourly basis, I think anything over ~8-9 is notable. Below 6 is low, below 4 is holiday-ish.Ccutamu said:30K... I know you posted it a couple of weeks ago but the old brain ain't what it used to be. What hourly volume do you look for on SPY to consider it normal?$30,000 Millionaire said:I normally watch e-mini or SPY for volume.BREwmaster said:do you prefer to watch SPX for volume or SPY?$30,000 Millionaire said:
Some wild low volume action here. Algo trying to fill lower gap and is getting rebuffed. For now.
Another day of early green hope and then the inevitable non-stop erosion to red - a clown world with no end in sight.
FJB and everyone that voted for his incompetence because their feelings were hurt. You sure showed us.
BrokeAssAggie said:
Will be interesting if this holds. Green to red wouldn't be a surprise
filling all the single prints and lower gap. Let's see what happens here.
Aren't you glad we didn't go nuclear long?
Aren't you glad we didn't go nuclear long?
You don’t trade for money, you trade for freedom.
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