SadlyaustinAG90 said:
$OZON - anyone still following this ?
Let it ride
Stock Markets
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Last: 24 min ago by ProgN
Gonna take a wild guess that the meme stonks are basically ****ing the entire market right now.
I also still think this was a big pullback week. Yesterday didn't change that. It was almost needed to go to the new highs. Don't freak out yet.
mazag08 said:
I also still think this was a big pullback week. Yesterday didn't change that. It was almost needed to go to the new highs. Don't freak out yet.
I am going to be buying lots of shares here in the 5s and selling more puts down here. Should have started this in my tax free account instead of my trading accounts since a long hold.mazag08 said:
I think WWR is going to $5.7 by the end of tomorrow.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
It's a chapter showing you how to either GO WITH the TICK or go CONTRARY TO the TICK.ClutchCityAg said:Go on... what does this mean going forward?McInnis 03 said:
Carter's book was mentioned above....if you read the chapter about following the elephants and knowing where they are because they leave piles of dung everywhere. Today is one of those days on the TICK.
When the TICK is living low, like todya, touching -1000 several times, even -1200......that's BIG BIG BIG selling. It means there is tremendous selling pressure. Typically Carter likes to go contrary to the TICK, so if it hits -1200 he gets an alert and goes long ES or SPY and rides it up with stops as protection, etc. Vice Versa if it hits +1200.
But on a day like today, he'd likely not take the contrary trade. He'd watch it hit -1200, then watch and see as it reclaims 0, or -400 or something, then he'd take a short position there and wait for it to go back to -1200 or -1000. He's going WITH the flow on a day like today.
He compares it to finding elephants on safari, when you tail them, you know you're getting close by following the big piles they leave behind. Same thing with the TICK. If the big boys are selling or buying strong, they leave behind big TICKS
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
mazag08 said:
I also still think this was a big pullback week. Yesterday didn't change that. It was almost needed to go to the new highs. Don't freak out yet.
The gap at 358 and 377 still exist.
UBER trade is obviously getting swept in with the macro's. As I saw someone post on the chart, it hit the bottom range which I used to calculate "what if" markets sell versus simply consolidate and came up with the $0.85 as meaning the support channel is also gone if hit. Right now it got close and bounced. Need markets to find support around here and as long as it survives the scare I think it pays.oldarmy1 said:
My disgust over missing SDC flash is only outdone by seeing that BIGC, a stock I see at $150+ in the next 2 years flashed down to $53.19. Would have been some of the easiest, quickest gains of the year.
That said, on the macro front SKEW has come off its highest levels above 145, which is why I kept saying being in cash isn't a bad thing at all, down to 138.52. It hit a low of 135's. This is midrange (Think Model T) and many times that's the bottom. That said, the 120's would be the safest move strong into the market. On the 23rd I posted that you cash sideliners could begin cherry picking some names you like. That would have turned out nicely for most shares.
I read Mancini calling for some consolidation just below the midrange as "healthy" and setting up a bull scenario breakout. I tend to agree but I'm not buying anything today that doesn't include a tight Put option, using expiring weeklies on the cheap, for protection just in case. Making it this far why would I go 100% risk when midrange indicators could bounce or fail? I won't. Neither should you.
Yikes we're entering total annihilation of my account realm.
Down 27% in the past 12 days.
Down 27% in the past 12 days.
What's the outlook for MBIO? My cost per share is 2.80 and I've seen the majority of my gains the past couple weeks. Do I just need to remain patient and assume this will me back up to $5-6 by end of the year?
I thought the target was $9aggiebonzo said:
What's the outlook for MBIO? My cost per share is 2.80 and I've seen the majority of my gains the past couple weeks. Do I just need to remain patient and assume this will me back up to $5-6 by end of the year?
Anyone ever have a fantasy football team that was filled with underperforming or injured superstars with a craptastic bench and no free-agent money left to even pick up a bye-week plug in?
That's my brokerage account.
That's my brokerage account.
The greatest argument ever made against democracy is a 5 minute conversation with the average voter.
Yes...I would use every $0.50 buying from current levels for long term happiness.mazag08 said:I thought the target was $9aggiebonzo said:
What's the outlook for MBIO? My cost per share is 2.80 and I've seen the majority of my gains the past couple weeks. Do I just need to remain patient and assume this will me back up to $5-6 by end of the year?
Don't let corrections intimidate or scare you. We're finally going to have a left wall to trade!
My hedges are engaged. Engaged, but being outpaced in the other direction by my other shares.
We're sliding downhill fast
We're sliding downhill fast
CAPITULATE ALREADY
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
Big spot here or watch out below.
This is fun
Been busy with work all morning and checked in...guess I'll go back to work now
Gotta make your own decisions but we just had an acceleration into a bottom attempt to watch.
I'm terrified but trusting the process.
Literally everything is red in my trading account... I'm gonna go to the golf store and browse around to take my mind off things
Cut bait on the UBER calls @ 0.82
oldarmy1 said:
Gotta make your own decisions but we just had an acceleration into a bottom attempt to watch.
I think I understand this but I'm making some assumption. Can you elaborate a little more please?
Buying across my favs but will post chart later.
Josepi said:
Cut bait on the UBER calls @ 0.82
Got stopped out
Thanks!
picked up a big candle on SPX to $3824 that got turned back up. possible opportunity to reverse but gotta be very careful
The selling accelerated to a point where there was a major flash down that was immediately met with buying. Possibly reversal indicator. I'm watching /ES and SPX, 1 minute SPX candle dropped 10 points in about 3 seconds and then popped back 5 pts.DubFalls said:oldarmy1 said:
Gotta make your own decisions but we just had an acceleration into a bottom attempt to watch.
I think I understand this but I'm making some assumption. Can you elaborate a little more please?
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
Orlando Ayala Cant Read
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AG
Might not be a popular thing to say but I feel like we need a few of these days strung together to rid the "big correction is coming " doom and gloom vibe currently out there.
And I'm saying this as someone that's down 5% today.
Will run and hide for cover now
And I'm saying this as someone that's down 5% today.
Will run and hide for cover now
Ah what the hell. Play the rebound. Weekly SPY $387C