Correction coming? See inverses UVXY TZA SQQQ

KCalhoun · Jul 21, 2021

Nine_Ender said:
Other then a surge in UVXY, there was no "break out" in any of these instruments. Pull up a one month chart of the underlying indexes/stocks.

Right re breakout UVXY, pivots in others, look at 4-day intraday charts.

I'm buying inverses from now into the close on pivots when they go up... SDOW SPXS SOXS SQQQ SRTY UVXY

themickey · Jul 21, 2021

KCalhoun said:
I'm buying inverses from now into the close on pivots when they go up...

Charts remind me of the media - the free press.
Readily available, but it comes back to; you get what you pay for.
The media and charts often enlighten us but very often wrong and misleading.
The media and charts are good at propoganda, marketing something which is not reality, sucking in the mass of lemmings who believe its gospel.

Relentless · Jul 21, 2021

themickey said:
Charts remind me of the media - the free press.
Readily available, but it comes back to; you get what you pay for.
The media and charts often enlighten us but very often wrong and misleading.
The media and charts are good at propoganda, marketing something which is not reality, sucking in the mass of lemmings who believe its gospel.

Kinda like they did with Covid? :sneaky:

murray t turtle · Jul 28, 2021

themickey said:
Charts remind me of the media - the free press.
Readily available, but it comes back to; you get what you pay for.
The media and charts often enlighten us but very often wrong and misleading.
The media and charts are good at propoganda, marketing something which is not reality, sucking in the mass of lemmings who believe .........

%%
Good points; but monthly charts are much, much, more accurate than all most all media
. SRN News, CBN News, FOX tend to tell the truth both.
Good trend on IWM,iwm inverses, but mostly down month ........................................................................................

themickey · Jul 28, 2021

murray t turtle said:
FOX tend to tell the truth.

themickey said:
The media and charts are good at propoganda, marketing something which is not reality,

murray t turtle · Jul 30, 2021

%%
LOL;
i look for patterns anywhere;
CBN News, SRN News, charts help a lot. Some times a kangaroo hops wrong/LOL, trends matter ..................................................................................................

KCalhoun · Aug 2, 2021

lets see if uvxy etc lights up this week; here's some of my small starter size swings im still in

murray t turtle · Aug 3, 2021

KCalhoun said:
These corrections have lately run just 3 to 5 days. If selling accelerates there's big upside in inverses

%%
Most likely;
HOOD= good daytrade\hated to hold that one overnite,SCHW account, single stock risk /LOL.

I guessed even with that good fundamentals /good volume may get extra slippage on a market order\that'$ life............................................................
Actually i considered an account with them[hood] ;free stock/LOL, but i dont want much of my money in CA,left coast] may or may not trade them again, may get to $100or $222.777.......

KCalhoun · Aug 3, 2021

I sold HOOD 44.16 today for a win

Sold UVXY into drop today, rebuying any bounce over 28.3 into close today

murray t turtle · Aug 5, 2021

%%
I sold more 3x ETFs stuff than usual;
Charles Schwab estimated 4 weeks + to transfer ROTH. BUT after 4 week$ had no record of my computer request!! Faxed it\ figuring on the 4 weeks transfer +/ again.
but it actually took this monday -today/LOL...............................
Took all profits on TQQQ/ but still have some more now/ [SCHW noted dont trade anything{other account} during tranfer process, could goof it up]