yes, huge head fake, I can't believe how quick it turned, that is EXTREMELY unusual I did buy XIV on the DIP... Also looking to buy DWTI about 10:30 when oil supply data comes out.... I still own UWTI which has been on an absolute tear only thing is I sold 1/2 a position at $2.40 in my other account and missed out on huge gains, but still own good amount of shares, thinking of selling since oil has had quite a huge run these last few weeks... oh and YANG is kicking A$$ as well, bought at $5 and again at $5.25...looking to sell soon, just thinking that the asia markets are due for a severe pullback, so will see
IN DWTI at $58.00.... even if it dips more Ill buy, I know oil is headed higher, a lot higher but I think a pull back is due down to the the 55 area.....
I can't wait for the next fed emergency meeting, it will happen once all global exchanges are losing trillions in value and the dow is correcting more than 10%, they will come out and push rates NEGATIVE and announce QE 4, but guess what? That WILL NOT SAVE the markets, the markets and economy are done, there is nothing they can do now to prop it up, the entire world is moving rates to 0% so the only move next after 0% is NEGATIVE RATES and QE 4.... And everyone thinks the FED saved the market and economy hah.....just wait and see whats going to happen. The fed is useless at this point, everything is going to work against them...
were going back up folks, did anyone get long? I bought some XIV and that was it, about to sell YANG because I think were headed back up to historical highs, nothing can keep this market down....even yellen mentioned that stocks were over valued but said no such thing as bubble so that means keep buying, if she said there is no bubble, there is no bubble, the fed is always right, remember that....
out 1/2 of yang at $5.65, nice 12% + gain still holding 1/2 just in case this market gets a little out of control just sold UWTI, had a fantastic run holding it, made over 30% bought at $3 sold at $4.05, my original price I bought my other shares was around $2 and sold those wayyyyyy to early at $2.40 but glad I got to sell 1/2 at $4.00...cant complain...totally out of it now and long DWTI, WILL now wait for the next drop in oil to get back in when oil is back trading under $55, now holding DWTI at $58.00, hoping this trade works out, sell price on DWTI $75+++