Is anyone watching the market? Full on out dismantling of gains. All shorts are on fire, I hope someone picked up some shorts, they are smoking it out!
Big Ben
Type: Posts; User: Big Ben
Is anyone watching the market? Full on out dismantling of gains. All shorts are on fire, I hope someone picked up some shorts, they are smoking it out!
Big Ben
Candleman are you watching the turn? Amazing the slide is coming quick. Holly head fake, shorts lead, report comes out, shorts swing to the biggest losers, and now the reality is MM wanted you to...
The White House is going to speak to the jobs report at 9:35 AM, how strategic. The market is turning on these numbers, wow, the masses move like sheep, its actually amazing.
BB
It looks like the MM are going to pull the head fake this morning. Be careful, the underlying numbers in the job situation are still really bad. 8.million jobs lost in the past years and 35% were...
Tons of action already. People are heading for the exits in the premarket. This is the start people, if you need your money in the next six months to a year, its time to cash. If you do not trade...
Today is going to be pretty rough on most long positions. This could be the start of the shadow bear market that has been completely ignored. The shorts are leading the way again, and like Guy...
Is anyone following the Asian Markets...don't bother its a blood bath. More interest rate hikes, in Australia, they are seeing inflation creeping back up in the next two years. All Ausy banks are...
Havakasha,
The reason I bought at .87 was the move was obviously up, I exited at .914 on the 2nd of Feb. My buy was on Jan 29th...quick swing trade..nothing more. The reason I did not short it...
As for TCK...I don't know much about it but it went down on high volume today. I just read the profile to get an idea of what they do. I would be careful on the open tomorrow, should be very...
Where do I start...Correction with capital C. FXP finished up 9% today and FAZ finished up 12% today...not to shabby. I officially have no stocks in my portfolio in the red...all green baby. I...
FXP,FAZ on fire. Alone in rightsville again. Getting lonely over here. LOL.
Good luck.
Chanos is on CNBC right now talking about the CHINA Bubble, 70 billion sqft under construction right now! 30b is commercial, what? 5 sqft for every person in China, wow. China is DUBAI X 1000. ...
Today is looking to be the 1st down day after the rest of the world has moved down. I call it the trifecta. Yesterday, Asia, Europe and the US markets were down, last night the Asian markets...
Market is turning and the shorts are picking up steam in volume, FAZ, Fxp are both nice buy in points, if the market continues to be red today these will move a nice %, by days end. The action is...
I just sold my lot of 2500 at .914, I will be looking for the buy in point as well. I do feel a pull back is on the horizon and should take the entire market into the red 3-5% at least. If siri is...
Congrats to all, now quit patting yourself on the back and sell some shares before this pig falls out of the sky back to .59. LOL. The other day I bought 2500 at .875, not short. I will move these...
I am watching some charts and everything appears to be holding steady, but I would watch if today ends red. Asia was flat to down, Europe is flat to up, if we open up and finish down, we should...
Anyone looking to go short, FAZ and FXP are trending down, slow steady decrease, actually kind of pretty, but anyway...last week FAZ hit resistance before 19 and spiked to 20ish extremely fast. I am...
Sold 200 shares of FXP, up 16% in the short term, I will use this money to wait on FAZ...when it gets anywhere near 19 I will pick off 100 shares. My average cost per share on FAZ is 21.5. The...
Some goof ball on CNBC just said his firm thinks the SP500 index will be 1250-1300 by spring. Wow how disconnected is this firm, I am glad I control my own money, I don't trust Hedges or Mutuals...
The chances of it going back to .68 are very good. Look at todays action, if we go out on a downer I would have nailed the head fake, no? FAZ bounced off 19ish a few times and now look at it was up...
If anyone is looking for a short term swing trade, FAZ is finding resistance at just above 19$ and it could easily trade as high as 20$ by days end. IMVHO.
Good Luck
Big Ben
First half hour is a head fake, the markets are going to tank today. My shorts are pushing back pretty strong, should be an interesting close. Good Luck
Took a position in SIRI 2500 @...
Agreed, but what did I lose on 2500 shares, not much. Especially when I used the Realized Profits to purchase more of my short positions...which went up a higher % than siri. Your also committing...
Let me explain dead money. Pull up a one year chart with the volume on the bottom. Feb 12th –March 18th was what you call a winner, .06-.37…GOAL! High volume, Malone’s loan saved the day. Thank...