Calling it - today was the low

Discussion in 'Trading' started by SoyUnGanador, May 25, 2022.

  1. I was talking about stonks of course. Market as a whole.

    Annnnd we are off to the races! Get in while the getting good boys, we are not going to the moon, we got project Alpha Centauri up in this mog!!!
     
    #11     May 25, 2022
  2. %%
    OK\ but UPRO has not made a good bottom, good sell on longs early this week; SPY may have made a temporary bottom , but havent looked @ it lately.
    Strange thing about bear markets, they make bottoms every day\LOL\plenty of bottoms.
    Actually I have a starting position on SPLV\ but its going up sooooooooooooooW, i havent had time to add to it/LOL.NEVER buy something just for a dividend IBD founder notes:caution::caution:
     
    #12     May 25, 2022
    nooby_mcnoob likes this.
  3. TheDawn

    TheDawn

    All because the Fed said they will monitor their QR and adjust as soon as they see the economy shows the slightest sign that it's going to the dogs? LOL
     
    #13     May 25, 2022
  4. KCalhoun

    KCalhoun

    Down again by next week
     
    #14     May 25, 2022
    murray t turtle likes this.
  5. Nine_Ender

    Nine_Ender

    TSX commodity stocks made a floor on the 12th. Most of the TSX energy stocks have recovered 100% from those levels. Miners still underwater but in the case of Copper might be an opportunity.
     
    #15     May 25, 2022
  6. The bad trader's prayer.
     
    #16     May 25, 2022
  7. #17     May 26, 2022

  8. LOL, that was some funny shit. But I don't make my calls from a point of weakness. Always from strength, always towards victory!!!
     
    #18     May 26, 2022
  9. %%
    ENJOYED a intraday 30 minute, 5 +day candlechart,QQQ, May 9 2002\ most all the trends are down on that one \except a gap UP day about 10% close up QQQ cash.
    But monthly charts were feeding in polar bears+ that $30area was nothing but a brief bear rally. Bottom was under $20, almost 89% off QQQ $120+/high.
    Number$ are approximate. I almost got back in UPRO after a UPRO daytrade, this week\but bear rallies tend to spike to much, with 3x:caution::caution::caution:
     
    Last edited: May 26, 2022
    #19     May 26, 2022
    KCalhoun likes this.
  10. Overnight

    Overnight

    These bear market bounces have fooled bulls all year. We still have June meeting to get through.
     
    #20     May 26, 2022
    murray t turtle, comagnum and VicBee like this.