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  1. M

    What is swap?

    %% Exactly; a bit like insurance , good premium to be earned in over nite holds......................................................NOT suitable for all investors/traders.
  2. M

    Interpreting end of day volume

    %% Typical close /settlement+ open volume. AS far no price movement= supply/demand mini match; maxi mismatch is the big trends, POST market wicks/spikes = a good reason not to do irregular hours.:caution::caution:
  3. M

    Multi-hour day trading: you're buying the open, selling the close

    %% Looks like tech ETFs x3 patterns ; good daytrade or swing trade exit today.......................................................
  4. M

    Understanding China's pettiness complex

    %% LOOK on the bright side; good accidental ad for limited gov. Our USA flu vaccine is about 20 % effective. But i like the way, when so many were promoting vaccines in USA for 19 virus/our state health dept send out millions of post cards ''get your flu shot'' LOL:caution::caution:
  5. M

    What is swap?

    %% UDOW/ top 10 holdings =248%; Industrial Average Swap, Citibank =50.86% Industrial Average swap, UBS=49.58% Industrial Average Swap, BAC=29.47% Industrial Average Swap, MS= 7.89%....................................................
  6. M

    Instrument for providing future funds for young children - not 509

    %% Mutual funds/parents + kids name on it; CPA can provide the details. Piggy bank is a great start ; but cash those coins in, coin shortage again the bank sign says/LOL:D:D:D:D:D:D,:D:D. ANY kid can have a parents/kid tax free account if the kid earns money. Teach them to pay taxes also/...
  7. M

    How to hedge SPY?

    %% SPXS, sds+ most any Tech ETF X3 tends to go UP/ when spy goes \down. SDOW+ dow , like UDOW ; tends tend to underperform SPY/SPXL\spxs,spxu. Market closes in about 3 hours; SDOW underperforming spxs again
  8. M

    How to hedge SPY?

    %% Exactly Girija; + that'$ why i noted in my last post ''buy SPY or SPLV first, wait + buy spxl'' BUT spxl can have huge drawdowns\ eVen a bullmarket. SPXL has a smaller dividend than SPY or splv. SCHW always gives me a CLEAR warning on risk of 3x ETFs; but the multi hundred page annual...
  9. M

    What time frames do you check for intraday trading

    %% 5 minute could work well in a bullmarket; too much noise for me. Daily is part of it for me \ but i would rather use discretion + cut a 30 minter chart in 50% than use 15 minute candles ....................................................
  10. M

    How to hedge SPY?

    %% Handle 123 noted ''insurance not free.'' Exactly\but $600,000 of auto insurance\ for good safe, mature driver in our area=less than $200 per 6 months. [2] BUT the car rental on that insurance is so super cheap/change/coins ; i like to insure that myself.MY favorite way to hedge SPY is with a...
  11. M

    Multi-hour day trading: you're buying the open, selling the close

    % % At this time\not watching it. As far as ''selling close '' i did not want to wait 'til close yesterday to take UDOW profits......................................................................So a set schedule helps for sure\ but i would not have a wooden rule like wait 'till close. But...
  12. M

    Daily Support & Resistance Levels and Other valuable Info for Futures Traders...

    %% Good; dow/UDOW looks like a sell. Even if it's up @ close , which may or may turn out / up @ close...............................................................CAN always get back in if i want to/LOL
  13. M

    What time frames do you check for intraday trading

    %% 60, 61 or 62 minutes+/......; I use a variation of your volume weighted moVing average also, especially if i'm looking @ one of my chart services that has no volume weighted moving average. In that case i use discretion. Considered cutting a loss on my DXD, but its going up now/so took...
  14. M

    What is the historical evidence that Jesus Christ lived and died?

    %% 1]THAT; 2]+ Israel [3] Healing power of Lord Jesus Christ [4]Health principles in old testament[5] answered prayer............................................................................................[Blair Hull called one of his accounts LTG/Line to God] not sure if that was a joke...
  15. M

    The Greatest Lesson In Buddhism

    %% I did enjoy that Asian TV show = KUNG Fu, he always kept cool/peacemaker until the last minute/LOL; Then starting kicking + stomping like a victory elephant.[NOT a Buddist or king fu ad/LOL] Good thing my banker dad + mom limited my screen time, as kids/good pattern even unto...
  16. M

    How to hedge SPY?

    %% Exactly. I NEVER exit\ like most likely many did yesterday 'cause GS, MS, Swiss banks forecast a good SPY/QQQ /UDOW .......uptrend/LOL Another big difference; I 've proved IBD newspaper,books are so much better than NYT/its not even close. ......I dont do many small caps, but i may...
  17. M

    How to hedge SPY?

    %% Another Elite Trader noted he used a stop loss to hedge. BUY SPY every month or quarter for 40 years tends to work well. One DEC looked like they may sell it hard + they did not ; SPY + UPRO worked well/spy drawdowns much less than UPRO..........
  18. M

    How to hedge SPY?

    %% That study concluded most are not diversified enough. T Bills = risk free, could be\ before S& P downgraded US/LOL??
  19. M

    How to hedge SPY?

    %% 1] MAINLY study trends/study them a lot...................................................................... 2]F0R sure a bigger downmoVe JUL 4th week in SPY \but the main surprise to me it did not happen weeks earlier. 3]QQQ tends to sell off with SPY but doesnt have to it/ it did not JULy...
  20. M

    Franchise?

    %% MCD, KFC, Subway, F, HMC/ ReMax/ Century21; but partnerships seldom work unless its medical or law. WE hear+ see many more more partnership failures than franchise failures. I like running my own business, but some people are not cut out to start/ run a a...
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