The Grinch Who Crashed Wall Street... Santa Selloff

Hope it doesn't out like December 2018 when the QQQ went down ~20% in 3 weeks. I think it bottomed on Christmas Eve. This market is definitely more frothy than Dec 2018 ever was.
 
SPY 2dlo breakdown.... timberr... :D

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SDOW saweet ... $$$

sdow10jan.jpg



ps ninebendover is muttering to himself lol #pwned
 
SPY 2dlo breakdown.... timberr... :D

View attachment 275070


SDOW saweet ... $$$

View attachment 275071


ps ninebendover is muttering to himself lol #pwned

My holdings are doing fine and appear to be rallying now. I called this kind of market ages ago and positioned myself well ( b/e on the month ; December I made a nice return ). I see little evidence you know how to scale into any of this without risking large losses ( see 20K in inverses trade that failed already ). Which is fine why risk a lot of money when you are still learning how to swing trade.
 
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Posted Sunday afternoon :

While there is no certainty about commodities it sure feels like energy is going to go up again here. WTI maybe $82-84 highs this week and Nat Gas hard to say but probably up on all this cold weather. However, I just need flat indexes and no drop in WTI and my energy stocks are going to gap up Monday.

WTI now $81, Nat Gas made a nice jump Monday which held up. I went max overweight energy yesterday morning on the weakness ( was already heavily overweight added CR at $3.06 plus sprinkled in some more BTE ). Took profits on CR today at $3.29 a little early rebought CPG at $8 ( this swap so far didn't work ). All prices Cdn$.

Ken's still dreaming that his leveraged short of Oil at $65 or $66 will double in value. I warned him months ago if you don't follow Energy closely don't trade it.
 
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