Begging for a rally

[S2007S]

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Have some PSQ,sqqq;
but TECL,TQQQ,qqq dong better.
3rd week in MAR tends to be down; but even if it is/may pay just to get back in PSQ,SQQQ or add on,depending.
Good thing i only had a starting position of sds\lost about10%; but i tend to make much more with longs etfs, long X 2 + some x3 long ETFS.
Amazing QQQ open price JAN 4th to open today was positive;
QLD, open JAN 4 to todays open was negative;
TQQQ JAN 4 to todays open was even more negative,

I wouldn't be surprised if the markets turned red by the close.

 

[murray t turtle]

I wouldn't be surprised if the markets turned red by the close.

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Thats why i kept some sqqq,PSQ,QQQ,TECL,FNGS;
i figured sds would not go up 10% today,[sds loss about 10%] so sold it.
IF i traded sqqq the same size as QQQ,QLD,tqqq\ i would never make money,10 year,3 year chart of all those shows why.
Back to my charts/moving averages ,they are real even if not disclosed much...............................................................................

 

[hajimow]

I admire those who are buying today. Either they know something or they are buying for a very long term or they are the pigs that will get slaughtered soon and the market needs their meet. Just consider, what will be the hope if another doubt or correction happens in the market? Another stimulus?

 

[Nine_Ender]

Still holding PSQ.

Short term markets look exhausted.

Your reads as per usual are terrible. Commodity prices are rising the stocks are going to follow.

 

[murray t turtle]

Commodity prices are rising the stocks are going to follow.

MOSTLY true; but silver + slv............... are weak uptrends.Whats up with the gapping up gas + XLE??, Took profits on xle/like to get paid every now + then.......; cut loss on sds, because i like capital+ profits.

 

[S2007S]

Your reads as per usual are terrible. Commodity prices are rising the stocks are going to follow.

An no inflation as gas prices close on $3 gallon up over 30% in 2 months!!!! Commodity prices up up and away, no inflation though.

If 10 yr ticks higher and closes on 2% look for a solid 10%-15% correction

 

[treeman]

I admire those who are buying today. Either they know something or they are buying for a very long term or they are the pigs that will get slaughtered soon and the market needs their meet. Just consider, what will be the hope if another doubt or correction happens in the market? Another stimulus?

I had the hand brake on being long (long rty, short nq). Today I released the short position and bought more rty. I’m levered long on my toes. I see this as a very rare, extremely bullish moment in time that if you don’t hop in with both feet, it would be a regret.

said another way- it looks like the down move/rotation is over, and we are about to make a strong upside move, through the end of the year- at least.

I could always be wrong, but things rarely line up like this. I shoved my chips to the middle (with appropriate risk mitigation). We are dealing with a game of probabilities. I really like how they line up right now.

happy trading.

 

[S2007S]

I had the hand brake on being long (long rty, short nq). Today I released the short position and bought more rty. I’m levered long on my toes. I see this as a very rare, extremely bullish moment in time that if you don’t hop in with both feet, it would be a regret.

said another way- it looks like the down move/rotation is over, and we are about to make a strong upside move, through the end of the year- at least.

I could always be wrong, but things rarely line up like this.

happy trading.

Easy to say after the dow has posted record after record defeats. Lots of people leveraged long and when that breaks which it always does, most will regret not taking profits when they could.

 

[hajimow]

I had the hand brake on being long (long rty, short nq). Today I released the short position and bought more rty. I’m levered long on my toes. I see this as a very rare, extremely bullish moment in time that if you don’t hop in with both feet, it would be a regret.

said another way- it looks like the down move/rotation is over, and we are about to make a strong upside move, through the end of the year- at least.

I could always be wrong, but things rarely line up like this. I shoved my chips to the middle (with appropriate risk mitigation)

happy trading.

A week ago when the market(Nasdaq) crashed (correction) I called it bullshit and I also call this rally bullshit. I might be wrong. That is OK. I expect 2% correction in S&P soon.

 

[Nine_Ender]

An no inflation as gas prices close on $3 gallon up over 30% in 2 months!!!! Commodity prices up up and away, no inflation though.

If 10 yr ticks higher and closes on 2% look for a solid 10%-15% correction

You literally have no idea what is going on. I'm too busy making money to care.