I dig your videos BigWet, but I think you place too much importance on daily charts. Daily charts mean nothing, theyre just one single bar in a weekly/monthly bar chart .
Trends can only be seen on monthly or weekly charts.
I would have scalped off some of ur FAZ near that 5.60 high, knowing they are painting the tape into end of Q, right on Q, sold my SSO 25.25, not getting greedy, selling into this windowdressing cuz green shoots is a media- propaganda tool and they will get hit by Roundup. Just look at Supervalu's warning. Now Obama conceeds 10% unemp, creditcard writeoffs hit 10% highest in record keeping. good luck on FAZ.
i expect one more little bouce to 905 or so, take this chance to get out of your longs if you have them....after that it will get really ugly.... good luck
im not in any indices nor vix or faz or srs. just carefully selected shorts. made 0.8% today on the indices flat. so if we rally im sure mine will take a bit to catch on and i can get out unscathed. cha ching if we head lower. im pretty sure we do. you can guess on meetings, policy and bla bla but the charts say what to do.
I dig your videos BigWet, but I think you place too much importance on daily charts. Daily charts mean nothing, theyre just one single bar in a weekly/monthly bar chart .
Trends can only be seen on monthly or weekly charts.
webozzy21 2 years ago
I would have scalped off some of ur FAZ near that 5.60 high, knowing they are painting the tape into end of Q, right on Q, sold my SSO 25.25, not getting greedy, selling into this windowdressing cuz green shoots is a media- propaganda tool and they will get hit by Roundup. Just look at Supervalu's warning. Now Obama conceeds 10% unemp, creditcard writeoffs hit 10% highest in record keeping. good luck on FAZ.
irenderit 2 years ago
i expect one more little bouce to 905 or so, take this chance to get out of your longs if you have them....after that it will get really ugly.... good luck
xennevdl 2 years ago
im not in any indices nor vix or faz or srs. just carefully selected shorts. made 0.8% today on the indices flat. so if we rally im sure mine will take a bit to catch on and i can get out unscathed. cha ching if we head lower. im pretty sure we do. you can guess on meetings, policy and bla bla but the charts say what to do.
maximumvalues 2 years ago
I hedged a bit but am still VERY short.... I am hoping they "fluff" us a bit on the announcement for me to dump my hedges (SSO calls).
If I lose money on those calls I will be a happy man... Either way they will come off by the close Wednesday.
RVAspeculator 2 years ago