Fading today's rally.... Trade it or Fade it?

[formikatrading]

The data is out there if you look or one can just emotionally react to the headlines.

Sweet spot for a rally?? Really?? How? How is October a season/cyclical sweet spot for a rally? Please enlighten us.

 

[TheDawn]

The data is out there if you look or one can just emotionally react to the headlines.

It's a very simple question. Please show us why October is a sweet spot for a rally. If you are able to answer it, answer it, if not then go troll somewhere else.

 

[formikatrading]

Sounds like you just want folks to confirm your bearish bias -- your very simple question requires a very simple google search.

It's a very simple question. Please show us why October is a sweet spot for a rally. If you are able to answer it, answer it, if not then go troll somewhere else.

 

[murray t turtle]

That is an excellent point, could be. But I thought most of the "institutions" were short?

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MOST likely\ they were\
but the ''bear killer nickname'' for OCT can kick it up?? Sorry i missed the bear rally last NOV bear \2018.
I 'll try to catch some polar bear rallies this NOV if that pattern repeats

 

[KCalhoun]

Crushed the fkg mkt with UVXY again .. muhaha.. I love this shit

 

[Nine_Ender]

That is very interesting Nine Ender. You obviously study this stuff, don't just read the headlines like my "pure ignorant retail guy" self does. Thanks!

I'm unclear short term but expecting a rally of some type in Nov/Dec off of whatever the bottom is soon. I believe quality stocks, TSX energy, and potentially some destroyed small caps / miners to do fine a year plus out in any event. It's a mixed market some stocks could still get hammered in a recession but some are beat up so bad they can't really go much lower unless they are insolvent.

Special trades show up all the time when sentiment flips on a sector. Copper/silver miners and banks often are great swing trades in market rallies. The stuff I follow here in Canada is suggesting small caps may have bottomed out ( kind of a rock bottom almost no volume except on news ). It does mean however that they can really fly if they find new buyers, insiders, or get taken over.

 

[Nine_Ender]

Crushed the fkg mkt with UVXY again .. muhaha.. I love this shit

It's up 3%. Nobodies 'crushing' the market on such a trade you seem to be far too invested emotionally in small returns.

 

[murray t turtle]

I'm unclear short term but expecting a rally of some type in Nov/Dec off of whatever the bottom is soon.

Special trades show up all the time when sentiment flips on a sector. Copper/silver miners and banks often are great swing trades in market rallies. The stuff I follow here in Canada is suggesting small caps may have bottomed out ( kind of a rock bottom almost no volume except on news ). It does mean however that they can really fly if they find new buyers, insiders, or get taken over.

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SAME here In US\ + that why i seldom if ever look @ tic charts\ or[ bid\ ask, unless i'm daytrading....................................................
SPY benchmark = good downtrend\polar bear trend.
Most metals= good uptrend; silver + SLV ETFs a bit weak short term.
I like the small caps / but done better with inverse of UPRO= a 3 x SPY.
But I'm actually doing an early study today on Canadian silver stock/simply because it has such good moVes

 

[murray t turtle]

Absolutely textbook "one day reversal" bullish engulfing candle on huge volume today. I'm still long 300 sqqq. Outch!

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BETTER that big trend /SQQQ than my much smaller UPRO loss today\ good moves in SPXS. 3.3% SPXS move today, not a big trend. But it can move 30% in some Weeks\maybe not this week.
Hope you did not get in SQQQ about $70\ i got in some Hi priced spxu earlier in month + i dont like to swing over nites much\ but my plan FORBIDs hitting bids on a panic sell
Perfect entry, not meaning 120% best entry \LOL perfect also means mature

 

[Wide Tailz]

Hope you did not get in SQQQ about $70

Escaped this morning, barely green...