Who else thinks a Correction or CRASH may be coming? My top call #2 1/9/2021

[murray t turtle]

Funny thing is if we look at the first trading day of January and February there was a huge commodity led rally both days. No guarantees but I wouldn't want to be trying to buck that trend until I saw clear evidence on the day.

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SLV + related is not much of an uptrend since JAN 1;
qqq + TQQQ good tech ETFs loos fine. DOG looks like lame dog,cra* + DXD looking good.

Like one profitable DOW derivative daytrader noted ''Dow is correlated to itself'' PSQ closed above 50 dma, maybe a bit weak, but good week. Close call on PSQ,;; exit on TQQQ, but that was a trade/not investment..........

 

[noddyboy]

Why is no one just short TLT? That has the best result this month in terms of trend.

 

[Relentless]

You’ve got at least 2 weeks of a heavy chart. The only issue with Vix plays is the decay. It costs way too much when it’s just easier to short or hedge.

Glad you got "at least" in there - because 2 weeks will be far shy of the period the overall financial markets are entering.

 

[treeman]

Glad you got "at least" in there - because 2 weeks will be far shy of the period the overall financial markets are entering.

Awesome. I'll be on the other side of you. Waiting for 3680-90. I'll wave at ya.

 

[murray t turtle]

Why is no one just short TLT? That has the best result this month in terms of trend.

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Good TLT downtrend;
prefer private sector SPXS+ buy SPYG + sell dxd[loss] + sell SPYG longs today.
Good thing about an inverse/could never get short squeezed........
Good volume on tlt

 

[KCalhoun]

SQQQ great breakout.... I'm back in it UVXY etc

Will aggressively scale in if jobs report gets selloff Friday

 

[Relentless]

Awesome. I'll be on the other side of you. Waiting for 3680-90. I'll wave at ya.

I'll be sure to add more shorts if it rips from 3680-90 .

This show's over with.

 

[murray t turtle]

SQQQ great breakout.... I'm back in it UVXY etc

Will aggressively scale in if jobs report gets selloff Friday

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IF i had of known SPYG was going down that much i would not have bought what i did.
Tech inverses looking good/maybe buy monday??
Almost kept 20% of qqq this week/but selling it,market makers/specialists/ brokers get more profit LOL

 

[treeman]

I'll be sure to add more shorts if it rips from 3680-90 .

This show's over with.

Just waving bye right now. The rotation to value is in. You want to be long here. More so than ever.

 

[KCalhoun]

Im having a great day trading TZA UVXY SOXS SDOW SQQQ etc, tightening trailing stops now ca-ching!!!!!!