Calling it - today was the low

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

  1. KCalhoun

    KCalhoun

    I sold almost all long positions near end of day..... we've seen this movie before. Sold DIS NFLX PYPL TLRY CGC etc.

    Plus I bought inverses here, will add afterhours if futs red.

    I actually like SOXS SQQQ SPXU better than UVXY here, we'll see.

    Daytraded SOXL etc on way up.

    Market will paint red by early next week most likely imo.
     
    #21     May 26, 2022
  2. Damn Ken, you are right way more often than you are not, so I'm not liking your call. But I'm sticking to my guns! So stop your grinnin' and drop your linen, we taking this party off planet next week!!!
     
    #22     May 26, 2022
    KCalhoun likes this.
  3. Overnight

    Overnight

    K, Hudson. hehe.

     
    #23     May 26, 2022
  4. Never in history has one man nailed a role like Bill Paxton did Hudson LOL. Beautiful.
     
    #24     May 26, 2022
  5. Overnight

    Overnight

    There is (or was) a roller-coaster ride at Six Flags New England that at this certain point in the ride, flames would shoot out at the bottom of a fast hill, and you hear his voice on the loudspeakers at that point in the ride, "Game over, man!"
     
    #25     May 26, 2022

  6. Sweet! Invite me up there Overnight. I'll pay for your ticket to Six Flags and we can ride it!!!
     
    #26     May 26, 2022
  7. nitrene

    nitrene

    This rally has legs as long as the US dollar keeps dropping.
     
    #27     May 26, 2022
  8. Alpha Centauri here we come!!!! All about the rocket ship, don't miss your profits!!!!!
     
    #28     May 27, 2022
    VicBee likes this.
  9. %%
    LOL/Good prayer/ dont forget to ask God to show you the difference between a trend + counter trend. Sometime$ not much difference .I seldom see a ''hold '' in any market price wise/position wise= plenty of holds..........................................................................................................MOST likley hold thru memorial day\ inverse anyway, say market closes up for the week. Good call on counter trend bear rally /sure not a bullmarket uptrend:caution::caution::caution::caution::caution::caution:\:caution::caution::caution::caution::caution::caution::caution:
     
    #29     May 27, 2022
  10. Nonsense. I've discovered a foolproof method for buying at the lows.
    Just buy a small amount every time there's a pullback and eventually, you will have bought at the lows!
    Easy.
    (Insert evil grin emoji.)
     
    #30     May 27, 2022