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  1. M

    Should we use the 200 day EMA or SMA?

    %% Both are good; 200 day wma also. 50 weeks ma is helpful/50/55 dma. I don't like 65 dma but the WSJ likes it /may help sell papers/LOL Wisdom is profitable to direct, thanks...………………………………………………………………………………….
  2. M

    What if the markets never crashes more than 50% again?

    %% SDOW/TZA/TWM are up today= that's bearish. Doctor /senator rand paul said ''flue was worse than virus/in KY. '' Don't believe so much news nonsense if you like logic/holy grail seejker US stock market was in a 100 year UPTREND,10O years, BEFORE FED WAS FORMED. Election years tend to be...
  3. M

    Fidelity Says a Third of Big Institutions Own Crypto Assets

    %% I think Bernie Madoff had better volume than that; @ least for a bit...……………………………………………………………………………. But the ''good'' new is IRS may share your losses. Prices subject to change; pineapples sold for $8,000 when new, but that was a real product
  4. M

    Morgan Stanley: Rangebound S&P 500 Next 6 Months

    %% Most likely correct for summer. 4th quarter/2020 most likely =up JAN2020up, + election year tends to be up/QQQ most likely = new highs/again/again. Not a prediction+TZA/TWM/SDOW are up today...……………………………………………………………….
  5. M

    Backtesting and Dividends

    %%$ Sounds mostly right; except a short term profit like TWM/TZA, bear profit-they pay you dividend. I tend to use a reaL time CLOSE; but adjusted close also...………………………………………………………………………………………………………………………………………..[And you may noticed big dividend payers like XOM...…… tend to under perform/...
  6. M

    Does anyone else Test your trading ideas with Small size?

    %% Several reasons for that; emotions/drawdowns/LOL...………………………………………………………………….. Adding to the complexity; the media,[ except for WSJ,IBD] tend to spout nonsense.They reported new Nasdaq high, so its now a new bullmarket/LOL. ALL most always pays/planned scale in, unless its a veryshort term...
  7. M

    The robinhood rally continues

    %% Dont really know the answer to your question dealmaker; LUV has had some good trend. But so much money has been lost on long airline positions/LOL............................................................................................
  8. M

    Does anyone else Test your trading ideas with Small size?

    %% True; in trading. As far as investing, a good ETF trend is more important, within reason.Related to trading position size, i used a cash ETF like SPYG to find a bottom area, this year= easier/ less sloppy /less losses than a...
  9. M

    Does anyone else Test your trading ideas with Small size?

    %% LOL; that works better with investing with the trend......................................................................
  10. M

    The enormous advantage of banks ?

    %% I heard on the news, the US gov sent the latest aid on gift cards/ some though it was a credit card+ threw it away. OH well uncle sam needed the money /gift card/LOL
  11. M

    Does anyone else Test your trading ideas with Small size?

    %% OK/ I never do it thatway/ but I may put on a papertrade/ then trade. The difference is I never trust any simulator...………………………………………………………………………………………..
  12. M

    Does anyone else Test your trading ideas with Small size?

    %%Best way to do that; start with small size. most etfs are so liquid, it pays. Ive got my smallest UPROsize all year/ because summer ralley tends to be weakest/looks stronger summer than usual.BUT I have a cash etf order in, not more upro @ this...
  13. M

    Jesse Livermore - Market Key

    %%True; but he noted some ''recycle'' reuse envelopes, so some things stay the same/LOL...…………………...……………………………………………………………………………………...
  14. M

    The enormous advantage of banks ?

    %% WE need to make sure + use our gift cards; $130 billion bucks market+ 1 billion bucks go unused/LOL. ]I have one with a small balance-LOL.I used to pay credit card interest in my dumb days- but that is another thread...………………………………………………………………………………………...
  15. M

    The enormous advantage of banks ?

    %% They do have advantages, Nobert; any business does with wisdom. Tech companies have some to; many of them, most likely , the way the tech stocks/ETF can % gain. And any business can do even better with '' gift'' cards- I was surprised how many of those do not get...
  16. M

    Never trade against the trend

    %% LOL/ '' watch every move'' They most likely don't have time to ''watch every move'' Sure, compliance dept has to be aware of what you are doing sometimes. Be careful trading with trend/profits can make one careless. NOT a prediction.
  17. M

    The robinhood rally continues

    %% You are most likely right,dealmaker; I don't keep up with penny stock brokers/LOL...……………………………….
  18. M

    Hertz Files for Bankruptcy After Rental-Car Demand Vanishes

    %% Carl Ichan also lost money on CHK/cut a loss on that about $8, so overall, most likely very much above average, on all his stocks. I like XOM gasoline/even though XOM pays a better dividend +% gain than CVX WHEN I did rent an auto@ airport or follow carl ichan in his mostly very profitable...
  19. M

    Position sizing and adding to winners.

    %% That; & not scale in too late. The ways I like to trade/invest, find a good trend like DAL//ETF or better ETF trend.I just read something in a book called Bottom Line. Jim Cramer said he got the bottom about one/in 100 times .LOL So he admitted buying 5k shares=he stopped doing that all @...
  20. M

    S&P close to 3000 key res 200sma -- strategy?

    %% Looks like SPY hits $300/200dma well before IWM. But since QLD /QQQ has made more lately- I sold QLD@ a round number today/friday NOT much april 15/follow thru selling. but better than average volatility.I had more fun trading ERY this year, but since upro/qld made more profit-may not ever...
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