Rosebud

There is a great deal of temptation to take profits here on OVX. The problem is, it is still grossly overvalued. Staying the course.

The CL model is now giving 59.34 as "FV". So nothing to do there either.
 
nitro said:
There is a great deal of temptation to take profits here on OVX. The problem is, it is still grossly overvalued. Staying the course.

The CL model is now giving 59.34 as "FV". So nothing to do there either.
More...

Your "models" said that the S&P was going to 850 when it went to 2100. Surely you should know your "models" are flawed, because only a delusional belief in something systematic could result in such a disaster, with you averaging down your terrible trade numerous times. You are far better off understanding fundamental reasons something will move and patiently wait out the trade.
 
Holding all positions. Decent move down in CL still does not bring it to FV. Model says hold short. OVX still hugely overvalued. Silver still overvalued.
 
XAGUSD "FV" at the time of this writting, ~17.15. The model and realtime prices agree to within a fraction of a penny. That is probably luck.
 
You must log in or register to reply here.
Back
Top