Staying Long anyone?

Quote from whitster:

my investment accounts are 35% long stocks, 10% long commodities, and also have a 5% short position

so, i guess that's net 30% long with 50% cash

my swing accounts are 80% long , with tight stops in place

and my daytrading futures account is 100% cash, as it almost always is upon close.

to answer your question
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good answer:p
 
Quote from Dr.Greenback:

Is this a good thing for you?
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Yes.

I make money when I invest, and don't do nearly as well when I trade.

I am wondering if it is imprudent to go long term short here, on a 2, 3 or even 6 month basis, in what I perceive as weak sectors.
 
Quote from duard:

No offense but I think you just called the top.


I'm all in 100% leveraged SHORT NOW.
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I covered today at the close ( actually 5 minutes 'til the close.

100% cash.

Perhaps--long tommorrow--we'll see.

These melt-ups fueled by short-covering have been vicious.
 
I have rebalanced my swing portfolio away from techs towards non-techs (70:30 in favor of non-techs), given that tech indices are attempting to reverse, but the broader index still looks healthy...

I have reduced entire portfolio risk to 2.5% of total equity, by tightening up stops...

I have also started to put on some shorts, to compensate for stop-outs on my longs... but I find it much more difficult to make money on short swings, because of the violent squeezes which so often take me out of some excellent entries...
 
Quote from shortie:

RSI(5) is above 70 for VIX. the last 4 occurrences in the last 6 months marked S&P bottom practically to the day. there were a couple more occasions when RSI did not quite make it to 70 and those all marked S&P mini-bottoms.

i predict a broad market rally that will last at least a week starting this Tue or Wed.
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VIX is doing its magic again.
 
This am the MKT internals were strong positive and yet the Mkt could not really get anything going after the opening move. I view this as slightly bearish for the day. I did not enter a trade today because i have a rule that if the Mkt does not set up for me by 11:15 i am gone for the day...

In my investment accounts i am long but hedged, and approx. 50% in cash so is that really long? I wouldn't say so. I'd say it's a waiting and watching position.
 
Quote from duard:

I covered today at the close ( actually 5 minutes 'til the close.

100% cash.

Perhaps--long tommorrow--we'll see.

These melt-ups fueled by short-covering have been vicious.
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Now flat.
 
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