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Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Its not selling off either...
What an insanely frustrating market.
Yeah, "bear" action is much different in the indicies than the bull market action...It also gets dicey at these levels (psychologically) since it's been 7 years or so since we had sustained downside movement...each time it rallies 20-30 sp points, there's alot of panic covering, etc.
It was below $95, even lower than that but I still bought in this morning at $95.50....sell at $110+....bought very small amount of shares.
nice trade..nice
nice trade..nice
did you get in?
I know you wanted in yesterday around $107?
From cnbc "PRO" didn't get the whole article since I don't want to waste my money signing up for lame cnbc article but this was the first of the beginning of that article they provide for free......
After stocks go through a correction, pundits dust off old Wall Street market indicators to try to game a bottom. Things like "Dow Theory" and "death cross."
Well here's one more for you.
Bank of America Merrill Lynch's "Sell Side Indicator" predicts the S&P 500 will rally 18 percent over the next 12 months, according a report sent to clients Thursday.
did you get in?
I know you wanted in yesterday around $107?
Not yesterday, I listened to you, you said wait for 90s so I did. nice call. But this morning yes I bought at 96 and just sold at 106.50. Very interesting trade there once you follow the support and resistance. I think anytime it lowers into the mid 90s its a buy. and then above 105-110..its a sell. I can see why you were waiting for 110
looking now at LABD
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some definite "trap and harvest" going on this a.m. Razor sharp moves
Convulsions.
Not yesterday, I listened to you, you said wait for 90s so I did. nice call. But this morning yes I bought at 96 and just sold at 106.50. Very interesting trade there once you follow the support and resistance. I think anytime it lowers into the mid 90s its a buy. and then above 105-110..its a sell. I can see why you were waiting for 110
looking now at LABD
awesome, glad I could help you make some $$$$$$$
Im holding until tomorrow, it just broke to the upside once again, trading around $107, will be selling it all tomorrow hopefully above my $110+ price target..
It moves quick, right now the setup seems to buy in the mid 90s and sell in the $105-$115 range however that range isnt going to last forever, if oil breaks out which it could back to $50 the new buy on DWTI will probably be below $65. So just keep in mind this range isnt going to last.....
Not yesterday, I listened to you, you said wait for 90s so I did. nice call. But this morning yes I bought at 96 and just sold at 106.50. Very interesting trade there once you follow the support and resistance. I think anytime it lowers into the mid 90s its a buy. and then above 105-110..its a sell. I can see why you were waiting for 110
looking now at LABD
Im in LABD as of this morning well before the market opened, its tough to want to get in, I would hold off, Im in around $56 and change, selling at $63+ buy hold off on buying and quick rally in the markets will send it straight down to under $50, don't go in...wait!