My Non-Astronaut Week | Vertical Flips

Just when I thought I had deciphered about all I could decipher in a year's time, Ameritrade rolled out its Think or Swim Platform. Yesterday, I felt like a deer in the headlights. It is an application that is both broad and deep. I just listened to one of the webinars. The intro was really helpful. All I can say today after spending a bit of time with it is WOW!

I don't say WOW too often. And I've said it twice in two days--yesterday being the other circumstance. You will remember that HPJ is one of my holdings. I elected to unload it yesterday. I had a terrific gain, and I wanted to lighten up. See how much this stock loved my unloading it. (Yellow area is where I deplaned!)


Geez....double Geez! Clearly I will never be an astronaut as I'm ill-suited to ride a rocketship. I only had 1000 shares of this. And it seemed like the move that it was going to see might have been made. So taking my 90%+ gain an running before gravity took hold seemed prudent. So much for gravity! I'm not much given to coulda, woulda, shoulda, but.....sigh!


I drew Fibs from 1991 for no other reason than I wanted to. Here's the chart.


I've no idea which way the market goes, and as I remind you, no one else knows either. But it is relative safe to say that either way it breaks, up or down, there are good reasons for it.

I thought it would be interesting (and likely NOT worthwhile), to take the above chart and do a vertical flip on it. Here's what I came up with:

Remember, this is a vertical flip. I happened to count the months from the first rise/decline and applied them to the second rise decline. I get the 500 area if there is TIME symmetry. I'm not saying that it is. But I thought it a fun exercise.