Short term top call here...? Sold stonks into bear mkt rally

I could be wrong, but I think now is a good time to go to cash, so I sold my DIS PYPL NFLX CGC TLRY etc I bought a couple days ago.

Is this gonna reverse back down? Who knows. I bought some inverses here too, end of day SQQQ SOXS SPXU UVXY.

Any thoughts? Rem 3day weekend ahead, mkts closed monday.
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SINCE main trend has been down\ + still is\ want more inverses than any kind of longs.
SOLd SPLV, profits. Plan on holding some stuff thru Memorial Day=LOL Most markets are closed.
 
If you pay to hang around someone who has 25+ years in the markets on a daily real-time basis and he can't show you how to dramatically grow an account because he doesn't have the emotional fortitude to do it himself, then all you'll ever learn is how duplicate that same level of mediocrity.
 
I could be wrong, but I think now is a good time to go to cash, so I sold my DIS PYPL NFLX CGC TLRY etc I bought a couple days ago.

Is this gonna reverse back down? Who knows. I bought some inverses here too, end of day SQQQ SOXS SPXU UVXY.

Any thoughts? Rem 3day weekend ahead, mkts closed monday.

Yeah, bad timing
 
I still did ok with initial swings for stocks,, took small stops selling inverses premkt, exited early.

It'll be interesting to see if buying momentum continues next week, it well may continue up for a few days.

Mostly Cash into weekend.
 
That is all true but the drop in the USD is necessary for a global recover if it were to happen. That is simply the math of being the reserve currency. Since 5/13/22 it has dropped about 3% so that is significant.

Ironically right now it is being driven by the commodity currencies rising mainly AUD & CAD. EUR & JPY basically unchanged.

A rising USD will crush all the issuers of dollar denominated debt. It is a harbinger of a global recession.

No its still euro. Rose 3% on ECB sorta hawkish pivot. They will move to zero in 6 months.
Somehow market consider it hawkish

Still going to parity IMO
 
Of course Ken exited his shorts after the fact ( he shorted Thursday night and we skied 110 es) . He reports after the close he exited and is mostly cash after the fact . If we crashed sometime yesterday Ken would have been short . Kens a nice guy but he’s a terrible trader . He’s a perma bear and he can’t shake it .
 
Not true, I trade long-bias SOXL most days when the market is up. As well as gaps and breakouts like my recent SNAP DIS etc long trades. I trade both long and short bias trades daily.

Re yesterday I was in small size inverses overnight and sold small gaps down premkt for small stops. No big deal.

I do 40-110 round-trips daily, i don't post them all, just occasional examples of both wins and stops. I was up $4k from inverses recently but gave back some with stops last week.

I'd expect up to a few more long days next week, then selling resumes by week after.
 
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Of course Ken exited his shorts after the fact ( he shorted Thursday night and we skied 110 es) . He reports after the close he exited and is mostly cash after the fact . If we crashed sometime yesterday Ken would have been short . Kens a nice guy but he’s a terrible trader . He’s a perma bear and he can’t shake it .

Less then $4K profit over the last few weeks ( his claim ) doesn't suggest his methods are scalable and sustainable long term. Doing even more round trips per day sounds like trying to overcome the weaknesses in the calls/strategies with pure energy. Good way to burn out. If I were a short side expert, I'd have expected huge oversized returns roughly April 19 - May 20.
 
Less then $4K profit over the last few weeks ( his claim ) doesn't suggest his methods are scalable and sustainable long term. Doing even more round trips per day sounds like trying to overcome the weaknesses in the calls/strategies with pure energy. Good way to burn out. If I were a short side expert, I'd have expected huge oversized returns roughly April 19 - May 20.

Nonsense. I'm still net profitable and Up from where I was in late March.... can you say the same?

Your petty, false libel attacks must stop, nineender, do I need to ask Baron to ban you again? last and final warning
 
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