Correction coming, or crash?

Discussion in 'Trading' started by KCalhoun, May 12, 2021.

  1. NEM breaking out of a 15 year base
     
    #51     May 17, 2021
    TrailerParkTed and KCalhoun like this.
  2. KCalhoun

    KCalhoun

    Thx, I used to trade NEM, will check it out. Will also check AUY HL SLV
     
    #52     May 17, 2021
  3. Nine_Ender

    Nine_Ender

    Sold my last Copper miner; put the money in MAG Silver. Day trade in nature. Nat Gas companies appear to be taking out 52 week highs now. Oil is getting interesting but unclear if it's ready to go higher.
     
    #53     May 17, 2021
  4. Nine_Ender

    Nine_Ender

    Sold most Gold miners, still heavy Silver miners. Based on normal Tuesday pullback pattern Rebought some energy firms and two positions in Copper miners.
     
    Last edited: May 17, 2021
    #54     May 17, 2021
    KCalhoun likes this.
  5. KCalhoun

    KCalhoun

    vix over 20, im back in inverses...

    fdly18mayb.jpg fdly18maya.jpg uvxy18m.jpg
     
    Last edited: May 18, 2021
    #55     May 18, 2021
  6. One of these things is not like the other:
    upload_2021-5-18_18-51-4.png
    upload_2021-5-18_18-50-36.png

    Please circle the differences, and let me know how many you got.
     
    #56     May 18, 2021
  7. orbit23

    orbit23

    here is my take
    pretty sure i've seen the exact same happen before.. but it would be stupid to think it will actually go like this
    upload_2021-5-22_21-29-12.png
     
    #57     May 22, 2021
    Millionaire likes this.
  8. Relentless

    Relentless

    Damn.... That's some wretched 2nd grader art there. Show a bit of effort!
     
    #58     May 22, 2021
    TimtheEnchanter likes this.
  9. I am mostly(93-percent) in cash and dollar-cost averaging into the well-diversified funds/ETFs, and on the other hand, I also scalp stocks daily to mitigate any possible short-term loss of those funds.

    I do think a big drop is coming due to overbought conditions and inflation/rate fear. Keep an eye on the 10-year, over 2-percent I am buying puts and inverses.
    I have no chart to draw but look at the charts from the 70s.
     
    Last edited: May 23, 2021
    #59     May 23, 2021
  10. Nine_Ender

    Nine_Ender

    We're awfully close to 4238 now. Might even hit it tomorrow. How many years again ?
     
    #60     May 24, 2021
    cobco likes this.