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vervedrix 3 years ago
you are worng this time.
the market is very weak.
nasdaq resistace 1500.
i think now the market is very very dengurus.
even maybee i will take short postion
zozo71zozo71 3 years ago
I just call it like I see it in the charts. Can the S&P test 800, 750, or even lower? SURE...the markets can do whatever they want to (regardless of our opinion)....But so far what we're seeing is a higher swing-low---to ignore that can cost you a lot of money. Again, let the charts do the talking and try to keep one's own opinion out of the mix. It's a hard lesson to learn but once you learn it great things follow.
ds3v3n 3 years ago
yes ok
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zozo71zozo71 3 years ago
proud to say im now only 98% short via direct equities. no broad market and no triple bear ets like SRS. guess im becoming more neutral :) not quite in the bull camp yet. by the time i am i wont profit from it...but thats ok.
maximumvalues 3 years ago
I have no idea why SRS is getting crushed right now. All you hear is bad news about REITs. Although, SLG's earnings for the quarter seems decent but I don't quite trust their numbers.
a012345 3 years ago
bot srs yesterday at the close $48.01...buy when sellers sell out of fear
sold 1/2 at end of today for $55 :)
maximumvalues 3 years ago
I took pretty quick gains on it too but not as much as your did. I got in at 50 and sold at about high 53s. Market too volatile to hold for longer than a day.
a012345 3 years ago
The past week has been a very hard environment to trade in.
doubletrig 3 years ago
Indeed it has......since November actually.
ds3v3n 3 years ago