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What was purchased at 4220 is gone. He is probably tracking it hypothetically so effectively it averages out. But 20 MES is only 2 ES. He probably can ride the drawdowns. However risky it may be, delaying bail out has worked well in covid mkt. I also switch to micros whenever needed but I hold...

Oh my God. This is not right. No.

Right to live is ethically more important than right to make dollars. Humanity is more important than corporate well being.

So surprised to hear from you Kevin, Lumber price is a supply side issue more than a inflationary hike. Wondering why would you be long as opposed to short. It looks like a good candidate for short to me. You are totally bearish on the index but bullish on lumber? Am I missing anything.

Nice, never knew they existed are there inverses on them?

Treasury dropped too

Anyone know what happened. I went long at 60.5. Not able to find any news about why everything including treasury dropped.

Not until next week. Even then crash is unlikely. A pullback is perhaps likely.If at all there is going to be a pullback it will be next month. There has to be a significant negative news for something to happen in next 2 remaining days of April. April is a strong month historically.

Are u still long

I was; I nolonger work; spending time in own trading work is more profitable for me.

4797 is for a property sale in business context. Both forms are valid depending on how you file.

Much better than shorting 82.25 and covering 79.25 and ending with a bag of long 72.25 I think we will still reach around 4200 before pulling back.

Why are you concerned about PDT and how does a broker help you overcome PDT rules.

for everything there's always a spider at least most of the time. XLU / is hares util. You may want to wait a few weeks

Yup looks like they are working it to 4200 circa. this morning I went short at 49.75 but didn't work in my favor. Covered at 53.75

Yes, you didn't say about his spectacular loss when svxy collapsed. And that includes Seth Golden too.

That also has drawdown risks. When vix futures enter backwardation svxy is a route to money assuming it won't drawdown further. Since the removal of leverage svxy is nolonger attractive. Going directly for futures may be better.

OK so I don't offend anyone including Ken, his initial bet was so small perhaps cuz he knew the risks. Got it? I didn't mean to offend and if that's what got conveyed my sincere apologies.

Read and reread. You will get the relevance. To profit 4900 there are other ways that may be safe. When a total noob reads these, he may inadvertently assume it is really free money.

And the profit is only 4900?. When stock moved from 52 to 940?.