Very unusual that market doesn't make a morning low around 10:30.
World Stock Markets Trading Discussion - Listless leaching
41 replies to this topic
Posted 06 April 2018 - 11:02 AM
you and Madness are killing it
keep up the good work and
have a good weekend......
"It is easier to stay out than to get out" - M. Twain
"Ars fit ubi a teneris crimen condiscitur annis" - Ovid
Posted 06 April 2018 - 11:12 AM
Thanks MisFit....been a good run +200 on NQ to go with +100 on SPY during the bat sh*t crazy swings....Having mentioned this almost got steamrolled a few times with the monkey hammer 350 point NQ swing the past few days.....
Longer term holding SQQQ@17.50 and a little UVXY@17.50 these are attempts to hedge longs I am locked out from selling but become available every 3 months which I promptly dump with an equal weight of the hedge.....If I could outright short the longs I would but not kool according to policy.....
This is far from a healthy correction dare I mention a beeeeeeeeeeear market.......
Posted 06 April 2018 - 11:40 AM
Short filled NQ@6550.00......Who would have thought that?.......
Posted 06 April 2018 - 12:28 PM
Doc this is going to break....remember this is the beginning of the big bad bear......
Posted 06 April 2018 - 12:29 PM
Filled this one NQ@6520.00...for a +30........
Posted 06 April 2018 - 12:34 PM
It's very unusual the indexes are down well over a percent and they feel like they are up. Just me I suppose.
The reason is, I look at charts, daily, with moving average lines and all the action for 2 weeks and most of the action since the Jan. 30 plunge has been below those lines, and now they are turning up.
War is the last great hope of the incompetent to order the unwilling to attempt the impossible.
could burn down
We jammin still
Full Extreme Ultimate Rejects
Posted 06 April 2018 - 12:44 PM
That is what a 1200 point instant ramp in the SOW will do to an observer......Still up huge +800....
Posted 06 April 2018 - 01:43 PM
Doc click your high heals and repeat after me we are in a bear market we are in a bear market we are in bear market......At least one wise old man has been warning do not recall the name....
Posted 06 April 2018 - 02:27 PM
Biotechs have been consolidating below their 200DMA already and it looks like we are finally going to leave behind that support band and the 3 year B-wave channel up. Still leading the Dow,NDX.SP today in loss. Watching closely for them to help guide the bear downward! Been playing BIS today as usual.
Posted 06 April 2018 - 02:33 PM
Great patience solid 10% gain on this pig since you recommended....Me thinks there are very few of us bears remaining after such insane short term "market" moves...so many lost along the way....no one but pig faced bulls left.....
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