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#930281 World Stock Markets Trading Discussion - Listless leaching

Posted by zero_value on 06 April 2018 - 02:33 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 today in loss. Watching closely for them to help guide the bear downward!  Been playing BIS today as usual.

 

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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#929998 World Stock Markets Trading Discussion - Clinical collapse

Posted by zero_value on 23 March 2018 - 03:37 PM

Shorted using BIS, had one big consolidation since open and broke down!

 BIS = 2X inverse IBB

 

Low liquidity but tracks pretty well minus the daily reset


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#929997 World Stock Markets Trading Discussion - Clinical collapse

Posted by Jorma on 23 March 2018 - 03:14 PM

The crash seem, ah, orderly, still, it's Friday. Too bad I think we are all too old to party.


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#929992 World Stock Markets Trading Discussion - Clinical collapse

Posted by zero_value on 23 March 2018 - 11:32 AM

I missed the train yesterday, helping my brother with some projects. Here is a chart of WTIC to ponder while we wait to see which way this breaks today.  The 14-16 collapse, a nice 5 wave down has retraced to .50 with an A-B-C up. So far it is holding here.  The XLE has diverged recently from following crude closely and has plummeted the past few weeks, it was one of the bigger losers yesterday.   

 

 

Morpheus your chart yesterday morning was very helpful creating some excellent short/re-short trades in the SP

 

No trades today *if* there is one more run on SP to 2650.00 will short or *if* support does not hold might jump in.

 

Sitting with long by default technology offset with a decent amount of SQQQ@17.50 longer term and playing with UVXY@17.50........


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#929802 World Stock Markets Trading Discussion - Vestigal verdigris

Posted by I_Am_Madness on 16 March 2018 - 11:29 AM

Now if that ain't one big beautiful coil !!  Bets on which way it breaks??

 

Great chart.  I'm watching the same thing.

Flat right now...But based on the move in early Feb, i think this triangle breaks down.


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#930770 World Stock Markets Trading Discussion - Leisurely lope

Posted by itiswhatitis on 09 May 2018 - 07:57 AM

In 2005 I was a bartender at a high-end restaurant.  One night I noticed that every single person at the bar was in real estate - investors, flippers, mortgage brokers, title people, agents, landscapers, etc.  At the time, I took it as a sign the top was near and a bubble was about to burst.

 

Fast forward... Last week, my wife and I were having a quick drink and appetizer at a higher end restaurant.  We were the only ones at the bar not connected to real estate.  

 

(yes, we go to many bars and are very social.  By the time we leave, my wife will have met almost everyone at the bar :unsure: )


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