Lol. Being unique gains me nothing. Just don't want to see you get scorched after some nice profits. Risk management is all.
Smart man this one. Glad somebody gets it. That being said people should ride this Fed bubble to the moon until ends - because the likely-hood on returns being greater than 0 to negative are nill when this ends. And believe me the wheels will come off at some point - making '00, '08' and Corona purge look like puppies & rainbows.
i started shorting nq today and i will continue shorting it with micros everyday until i am maxed out which is about 15 mini nq or 150 micros. im looking for a 3% down day over the next week so from this thursday to next. that should be enough. im long Gold from 1940s n holding that small position. weighted spread nq sp has not been easy at all for guys who actually have traded it for years. its basically just an nq outright. when you run the numbers im sure u can see the adf is fucked. anyway. get short the nq. it is time to reset the mkt soon they want to sell you can see it everyday but when they start few are buying n some are selling so they cannot unload easily without ut dumping. lots of dumping going on in at the open. open early am consolidations typically are sellers imo. they keep running it up because buyers are selling higher n higher thats all and when they sell lower lowers the slippage us enormous so yes this thread is correct. parabola. options are good put spreads unless u have deep pockets n can handle a loss..12000 plus will be the sell and most of this is due to splits announced and a new round of 800 dollar checks for the massess.
11900 x .03= 357 points roughly chump change once they sell on the bell. not a bad play to start getting short right atvthe open with a stop. it will all start at that one open where whoosh down 200 in 10 minutes it will come back 40 points slowly then down another 200 over the next few hours n maybe hitting down 500 and there it will bounce a little.
Rinse and repeat Dow Jones 28,589.67 09:58:20 | NYSE +257.75 +0.91% S&P 500 3,495.17 DERIVED 09:58:44 | NYSE +16.44 +0.47% Nasdaq 11,682.21 09:58:00 | NASDAQ +17.15 +0.15% SmallCap 2000 1,574.30 DERIVED 09:58:42 | NYSE +12.82
Parabolic moves include tesla again 2,261.79 USD+108.62 (5.04%) Aug 27, 11:42 AM EDT ยท And don't forget they sold a gigantic.... insane ....stupendous 90,000 vehicles last quarter They now have a market cap of over $420 Billion dollars. Yes today they added another $20 billion in market cap. An entire Fiat Chrysler company because Fiat Chrysler doesn't sell 90,000 cars a quarter
The market is reacting to the US Covid Daily Case Data Trend, not a Fibo Extension or an RSI oscillator.
Oh got it. So that means we have many hundreds of percent returns in individual stocks to go and once a vaccine is announced will get a few hundred more percent rally in individual stocks and then maybe the RSI oscillator will kick in at that point.