CNBC special tonight- “Market in Turmoil”
I posted in my journal late last night this looks like the end of the bull run massive NQ and Dax selling.
NQ all time highs to sucker everyone in first then ouch!
I'm buying more of these premkt, go bears! i went short the mkt overnight a bit via inverses, finally paying off
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Are you selling anything?
I'm letting go of 2 to 3 short etfs
DRIP
SMDD
SPXS
Loaded up on these and cost averaged down the last 2 weeks. Green today. Will sell and buy them back after markets rally
I should sell my tiny PENN CAR etc in my 2nd account.
I just bought more inverses bc gap up though they may drop, scaled into them for weekend hold
I think we are the only 2 who trade these short 3x etfs but I wouldn't be buying them on a huge premarket drop. I'm surprised you are. I just sold off 1 premarmet a moment ago. Short spy etf 3x.
Yeah it usually bites me in the ass when I buy gap up inverses...
My thinking is markets overbought, biggest red open in weeks, I'm adding to winners from overnight and its for weekend hold red Monday etc
Just hoping for big 200pt 10 minute swings setup to trade that madness be a trillionaire in no time, billions are worthless these days.