It seems to me that the DX and GC would be opposing each other. I have not been able to follow the DX basket vs. gold, so have no input on that. But CL? Hmm!! We got a $2.50 rebound from the bottom of a couple weeks ago. The $5 bounce up from $42.xx seems reasonable by X-Mas, still. At this point the only commod I would go long in for a really long term is GC. Haven it. And it seems to be at a decent price! Like $1,210 per ounce. Seems a bargain for a haven asset. And when this X-Mas comes around? GC should shoot the moon. Bang, zoom.
WTF?!?!?! Is this chart of DX actually real? Admittedly i pay no attention to it but i checked out a chart when you mentioned it, this is whats showing up for me, if so i would think shorting the shit out of that is a legit strategy.
Nevermind guys sorry, i didnt want to grab my card to enter the codes to get into IB on my laptop, the above chart is not real, but thats pretty funny, dont know how yahoo finance came up with that.
well now that i got my card, and popped up IB, i got alarm bells going off on the ES, it appears its about to go through the level i was looking at yesterday. Yesterday i said to myself if it gets back below 2426, i would short, but it bounced it the first time, then bounced it the second time so i chose just to avoid it, but now it appears overnight we are going to go through that 2426 area unless thats just an overnight stopout move. (Which it could be) But if we get momentum on the downside this market is setting up now, i was hesitant just betting on the NQ but if the ES is going down too it looks like lights out for the market, i still dont want to chase it at this time, but it seems like the market doesnt want to go higher.
Meh, fuck it, i just shorted ES at 2427.25, first trade all day, i will add to this below 2426 tomorrow, but im not worried if we go all the way back through the top, i just want to have a marker so that if i decide to add tomorrow i have a higher average, market is setting lower highs over night, looking like it wants to crack 2426.
Stop at 2428.25, its a simple trade now, im just looking for a breakdown, and hoping a higher average price. The first entry gives me a higher average if i add tomorrow, if i lose 50 bucks i dont care, but if it opens gap down ten points i feel more comfortable chasing 5-6 contracts, it just boosts my average.
Scratched my ES contract off at 2427.50 lost like 14 dollars, lol, got a little overzealous, first day back im trying to find anything, then i popped up IB on my laptop to look at charts, and the ES seemed like it was breaking, based on an old alert, so i shorted it, then i realised no volume, just a stupid trade, im a junky what can i say.
DRYS has potential if you just avoid Kalani repeatedly raising money, then reverse splitting the stock to keep it from going to zero, if you just avoid the middle finger he is flagrantly flipping you, it should be a smooooth ride if we can just buy it at 1 dollar a share it should have no problem getting back to the split adjusted price of over 100k where it was at less than a year ago. Disclaimer: if you ever buy DRYS under any circumstance you are a donkey, i dont really need to explain it beyond that but for some reason it showed up on my list of the markets top gainers today. I can never find shares of this thing to short, but this is as close to free money as it gets if you can short it, all he does is raise money reverse split raise money reverse split, its unfathomable that the clowns at the SEC and FINRA allow this to happen. Even the people who got scammed by Madoff got more than 0.00001% back.
LOL, yeah ive seen them, the funniest thing about it is that everyone knows its a scam at this point, except the odd newb. But if you look up $DRYS you will actually find the odd person who defends the symbol. I know of people who are in chat rooms who think they are a fucking god at trading all because they have muliple brokers, and good locates, and they just short 30k shares of DRYS every time it does the reverse split. Most stocks that are shorted that heavily atleast put in a big bounce before they crash again right aFter a reverse split, the scam on DRYS is now so obvious the last time DRYS did a reverse split it went from 1$ to five bucks, then lost 20% and went straight to to 4$ in one day, lost 20% of its value, and within a week it was under 2$, it didnt even attempt to go up. I cant see how such an obvious scam can go on and on and on. Only stock that was ever even close to this was GBSN look how that one turned out, lol. The biggest difference with GBSN is that they had somewhat of a small float, they would reverse split from a half a cent up to 5 bucks a share, then sell a hundred thousand shares to keep themselvs alive, and their float would only be like a half a million shares....... so it had more squeeezes. GBSN was just as big of a scam, but DRYS is doing it with hundreds of millions of shares, Killani should be in jail, this shit is worse than madoff.