The Grinch Who Crashed Wall Street... Santa Selloff

Yeah re SRTY, it throws me off reverse splits eg SQQQ and so many others recently. I'm trading TWM now for small caps, though TZA is favorite. So much upside in inverses esp. 3x
 
I nailed inverses today, held overnight sold premkt gaps up, didn't overtrade midday And traded 2k shares SPXU VIXY during eod 3-4pm run. Green day.

Tomorrow Powell the 2pm volatility will be good trading
 
Bot SPXU TWM VIXY SDOW aftermarket, inverses up in ah is bearish esp if spoos print red overnight

Will buy a fkload of inverses after 2pm Powell if mkt drops
 
KCalhoun said:
Bot SPXU TWM VIXY SDOW aftermarket, inverses up in ah is bearish esp if spoos print red overnight

Will buy a fkload of inverses after 2pm Powell if mkt drops
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Ooops. The Grinch has to return all the presents to Whoville. Were you not aware of how the story ends ?
 
KCalhoun said:
And yet I had a Very green day today trading inverses VIXY SPXU etc. Best profits in 2 weeks.
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Maybe so but this was never about whether you could day trade. My take on this thread was never wrong. In fact, if you had narrowed your scope to just SQQQ and TZA and stuck to the plan you'd have made decent money ( although I'd have covered that at some point this week when SPX went to 3300 or under myself ). Based on my experience and research, I knew all along the SCO and KOLD portions would likely fail. Not a guaranteed fail, just likely.

Now I'm not sure these leveraged etfs are the best vehicles to do this either beyond no more then a 2-3 day hold if that. To truly make serious money you are better off swing trading a small collection of stocks, picking the worst ones for short tries and best ones for long tries. Mid caps may be the best choices for such tries. That however does require some research.
 
I got back in small size inverses aftermarket, just 9k.... good to see red futs. Will scale in if tomorrow sells off. I like SPXU SDOW LABD TECS VIXY

Blood in the streets, baby. Toldya so. Epic win. #gobears


And if Putin invades Ukraine we get a crash.... :D
 
hey the market drops :D love my SPXU etc

SPY timberrr....

SPY28JAN.jpg
 
KCalhoun said:
hey the market drops :D love my SPXU etc

SPY timberrr....

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The Grinch got throttled pretty bad today hopefully you can learn something from the experience. SPY had serious looking support all week you could see some huge buying in quality names. That's not what happens in market crashes; earnings growth and the economy are just too good to be talking about such events this year.
 
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