Buying TQQQ now

Junkou · Nov 21, 2018

Now trading actively with intraday models (Still NOT day trading).

Cuddles · Nov 22, 2018

I kept buying TQQQ on it's way down

. Still loaded up Wednesday pre-market but the market was tepid.....don't know if Friday will be any different.

robertbent · Nov 22, 2018

The day after Thanksgiving is often hard...I would not try to catch that falling knife and wait for a confirmation...

Cuddles · Nov 22, 2018

robertbent said:
The day after Thanksgiving is often hard...I would not try to catch that falling knife and wait for a confirmation...

https://www.marketwatch.com/story/h...aves-before-and-after-thanksgiving-2014-11-24

https://www.cxoadvisory.com/4366/calendar-effects/stock-returns-around-thanksgiving/

futures looking bad

https://www.investing.com/indices/nq-100-futures

Junkou · Nov 22, 2018

The rest of November should be good. There are big flow from pension funds as they have to buy into equities to maintain the allocation ratio.

Cuddles · Nov 23, 2018

Junkou said:
The rest of November should be good. There are big flow from pension funds as they have to buy into equities to maintain the allocation ratio.

futures say it's gonna be red for the nasdaq so far....still your model shows long?

Junkou · Nov 23, 2018

yes, both daily model and intraday model point to UP. Furthermore, the model score goes up to 1 from negative. Rally is on the way.

Overnight · Nov 23, 2018

Junkou said:
yes, both daily model and intraday model point to UP. Furthermore, the model score goes up to 1 from negative. Rally is on the way.

Might want to hedge it...

formikatrading · Nov 28, 2018

So far so good. Entry was close enough for government work!

Junkou · Nov 28, 2018

Hope everyone see my words in the previous post.