Well you had a "working lunch" that any Irishman would be proud of.texagbeliever said:
Semiconductors finished strong after a will they won't they trading day. I'm optimistic they could have a strong next week even with a flat market.
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I think the market could go up or maybe down or maybe just chop and trend sideways.Lake08 said:
Looks like I'll be called out on my AMZN and AAPL calls today. Wasn't expecting this type of week. What does the B&I brain trust think bout next week?
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ProgN said:Well you had a "working lunch" that any Irishman would be proud of.texagbeliever said:
Semiconductors finished strong after a will they won't they trading day. I'm optimistic they could have a strong next week even with a flat market.
I read it as
Quote:
Semiconductors finished strong after a "will they won't they" trading day
and it made sense to me. Maybe you had one too many mango margs at brunch?
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Red Pear DFW Luke said:I think the market could go up or maybe down or maybe just chop and trend sideways.Lake08 said:
Looks like I'll be called out on my AMZN and AAPL calls today. Wasn't expecting this type of week. What does the B&I brain trust think bout next week?
Balding Weird Al knows!
It's always 5 o'clock somewhere, especially on Fridays.
Brian Earl Spilner said:
I went 100% leveraged in my Roth account (UPRO/TQQQ) two weeks ago. Damn glad I did.
Now i gotta figure out a good exit.
41 is my target for now. For UPRO.
I will be prepare to exit completely Monday if it looks like it's going to end up below the support line it just closed above.
The MACD is vey close to crossing over. I think it will even if we trade sideways on Monday. That would set us up for an even bigger rally.
Saw somewhere that recently every 2% up day has been followed by a 2% down day. Not sure of the accuracy.
Today was a good day.
Sold half my TQQQ I've swung for a week and a half.
2/2 on the day, 1 QQQ put and 1 QQQ call!
Image always flagged… +6.92%
Sold half my TQQQ I've swung for a week and a half.
2/2 on the day, 1 QQQ put and 1 QQQ call!
Image always flagged… +6.92%
Jet Black said:
Saw somewhere that recently every 2% up day has been followed by a 2% down day. Not sure of the accuracy.
Feels like it. Don't think it's technically true.
There's no absolutes when it comes to the market and of all the opinions people post on the internet, you'll only hear from the few that guessed right. If this isn't just a bear market rally, but instead it's the reversal, you'll never see them again.Jet Black said:
Saw somewhere that recently every 2% up day has been followed by a 2% down day. Not sure of the accuracy.
Hell, I read some **** today where Antifa is trying to organize to burn down small rural towns because most are conservatives and vulnerable due to limited a police presence,"easy targets". They want to punish people like me. They have no idea that those are the worst places to try that in because of the amount of firepower residents of small towns have. What's even worse for that call to action is that after their comrades are slaughtered, then the jury of their peers will acquit them.
Inverse head and shoulder played out perfectly.
lobwedgephil said:
Inverse head and shoulder played out perfectly.
So what is that saying for next week?
It means if we don't go down, we'll go up.
But I'm laying cards on the table here. I think we could be in the middle of a short squeeze. I don't intend to sell until we hit the next resistance band and even then, I'm setting it as a trailing stop.
Depends on what happens Monday. If it looks like we will end the day around 37 and below the line of support, I'll be hard pressed not to exit completely.
But I'm laying cards on the table here. I think we could be in the middle of a short squeeze. I don't intend to sell until we hit the next resistance band and even then, I'm setting it as a trailing stop.
Depends on what happens Monday. If it looks like we will end the day around 37 and below the line of support, I'll be hard pressed not to exit completely.
I try not to have bias, but the measured move of the IHS pattern would put ES about 3990 or so, which is also around a downtrend line for the last 2 months. Who knows from there, assuming we get there.
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Brian Earl Spilner said:
I went 100% leveraged in my Roth account (UPRO/TQQQ) two weeks ago. Damn glad I did.
Now i gotta figure out a good exit.
You crazy if you didn't trim today
Brian Earl Spilner said:
I went 100% leveraged in my Roth account (UPRO/TQQQ) two weeks ago. Damn glad I did.
Now i gotta figure out a good exit.
Filled one major gap on the way up. MACD is just on the verge of crossing. RSI still in the 40s.
Famous last words:
I'm waiting for a decrease in CPI. The recent selloff accelerated when CPI came out higher instead of signaling a possible top. If we get indicators that inflation has topped out, then that decreases the likelihood of several Fed rate hikes.Philip J Fry said:
It means if we don't go down, we'll go up.
But I'm laying cards on the table here. I think we could be in the middle of a short squeeze. I don't intend to sell until we hit the next resistance band and even then, I'm setting it as a trailing stop.
Depends on what happens Monday. If it looks like we will end the day around 37 and below the line of support, I'll be hard pressed not to exit completely.
With Friday July 1st making the fourth of July Monday, I could see a good green week for this coming week. Then after July 4th maybe a couple of chop days Tuesday and Wednesday followed by some ugly red days.
Also looking to see what the short positions were (as of 6/14?) after close on 6/24.
Also looking to see what the short positions were (as of 6/14?) after close on 6/24.
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I would tend to chart the underlying indexes instead of charting TQQQ or UPRO. Then try to relate them to expected prices on the leveraged asset.
Let me guess, you read that on the Politics board.ProgN said:There's no absolutes when it comes to the market and of all the opinions people post on the internet, you'll only hear from the few that guessed right. If this isn't just a bear market rally, but instead it's the reversal, you'll never see them again.Jet Black said:
Saw somewhere that recently every 2% up day has been followed by a 2% down day. Not sure of the accuracy.
Hell, I read some **** today where Antifa is trying to organize to burn down small rural towns because most are conservatives and vulnerable due to limited a police presence,"easy targets". They want to punish people like me. They have no idea that those are the worst places to try that in because of the amount of firepower residents of small towns have. What's even worse for that call to action is that after their comrades are slaughtered, then the jury of their peers will acquit them.
I read it on another site way before someone posted it on F16.
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I'm having difficulty not over-biasing my mid- or longer-term sentiment. I believe this is a bear market rally, that we'll test 3900 or 4100 and then head lower towards 3500.
That may be what this is, but I also thought we were in a bear market rally in April 2020. I didn't believe that stocks were rebounding while so much was locked down and with the future so uncertain. The lesson learned is that we really don't know. The difficulty is profiting on what I think is happening, bear rally, while not missing out on the gains if I'm wrong and this is a rebound back to ATH.
That may be what this is, but I also thought we were in a bear market rally in April 2020. I didn't believe that stocks were rebounding while so much was locked down and with the future so uncertain. The lesson learned is that we really don't know. The difficulty is profiting on what I think is happening, bear rally, while not missing out on the gains if I'm wrong and this is a rebound back to ATH.
I hear you on that. I just happened to not see anything substantially different in this graph to the index.
test
ETA: all good
ETA: all good
I was worried about you!ProgN said:
test
ETA: all good
Lol.
Classic.
Classic.
Nah, it wasn't anything bad or rude but it tiptoed the line of almost criticizing moderation. It disappeared quickly without a staff comment so I was just seeing if I was put in timeout for a day.spud1910 said:I was worried about you!ProgN said:
test
ETA: all good
Whenever anything "exciting" happens in the political world, we all wonder when you will be back!ProgN said:Nah, it wasn't anything bad or rude but it tiptoed the line of almost criticizing moderation. It disappeared quickly without a staff comment so I was just seeing if I was put in timeout for a day.spud1910 said:I was worried about you!ProgN said:
test
ETA: all good
Clamatos and beach life for the next couple weeks.
I don't see a beach
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When the decision came out I figured we'd miss Prog for a week or so.
We need to get our Irish and British friends posting often again, this threads been slow recently. I also wish third coast didn't stop posting and wish we'd get more fly-bys from OA and Daniel.
We need to get our Irish and British friends posting often again, this threads been slow recently. I also wish third coast didn't stop posting and wish we'd get more fly-bys from OA and Daniel.
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Is that the old Viking apartments that were a bit south of campus?
I've avoided all the RvW threads because emotions are high, no minds being changed, and mods will ban you for the slightest misstep. I like to post smartass things and if they interpreted it in the wrong way, then I'd get smashed. It's not worth it bro.
It's right behind the condos on the left.
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