Poll: SPY,long or short?

SPY, long or short?

  • Buy

    Votes: 10 33.3%

  • Sell

    Votes: 20 66.7%
  • Total voters
    30
Quote from RangeTrader:



I'm not a trend trader... Trend trading generally has low odds... 40% win rate or so, but it makes money because the gains are huge vs the losses.
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This is interesting. Where did you find that 40% figure?
I would think it'd be higher than that, since one can let the Trend do the work over longer periods of time.
:confused:
 
Just based on the number of people who think the market is going down, I think we're due for a breakout. This level has been tested three times now, usually third time is the charm.
 
Quote from nocloud:

Just based on the number of people who think the market is going down, I think we're due for a breakout. This level has been tested three times now, usually third time is the charm.
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That actually makes a lot of sense
 
I bought some home builders STOCK CALLS. SPY in 65~70% will break up.

reason 1: the FED

reason 2: the economy is moving positively, not bad as people imagine

reason 3: technically it will be a break up

the major moving factor is no.2 and no.1.

this week GDP number, watch, it is terrible way below concesus, FED will step in and it still goes up. if the number is good, better, it will ruan away from current level. either way, we will break up
 
This rally has no legs though, if not now it should top in the next few weeks IMO. 2007 topped at what, 1525? That was based on a real boom/bubble, this rally is based on expectations and hype.
 
Quote from kjones5159:

This rally has no legs though, if not now it should top in the next few weeks IMO. 2007 topped at what, 1525? That was based on a real boom/bubble, this rally is based on expectations and hype.
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It doesn't need legs or sense for it to.happen....a bunch of people short call it wrong cover then this accelerated a break out... fundamentally I speculate as well it doesn't Gabe legs... which way is cheaper to bet with a better pay out ratio is the real question
 
What do you think of a long UVXY position heading into September and October?

Not trying to spam, my posts were delayed I guess so I reposted.
 
Quote from kjones5159:

What do you think of a long UVXY position heading into September and October?

Not trying to spam, my posts were delayed I guess so I reposted.
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Don't trade Vix etfs.... that's my advice.
 
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