Gotta love ZERO RISK in the SP500 = $$$

Discussion in 'Trading' started by makloda, Jan 27, 2007.

  1. That type of thinking, even playing around, is unhealthy.
     
    #6631     Jun 4, 2015
  2. romik

    romik

    2101 is resistance now :/
     
    #6632     Jun 4, 2015
  3. noddyboy

    noddyboy

    For what it is worth, I think we will pull a "hang seng" today, and so I am buying here. SPY@209.95
     
    #6633     Jun 4, 2015
  4. Max E.

    Max E.

    The bulls are on the ropes now. :D

    [​IMG]
     
    #6634     Jun 4, 2015
  5. romik

    romik

    IMHO selling pressure before end of lunch time higher probability of a rally into close.
     
    #6635     Jun 4, 2015
  6. Max E.

    Max E.


    Ive been all in long the SPXS from 17.6 in my retirement accountd for a few days now, not sure we get a substantial pull back here or not but im pretty confident with the dollar rallying and dull summer markets, we aint hitting new highs for atleast a couple months. These last 5 days have been a major tipoff to the bulls five days in a row we tried to rally and it fizzled out, markets out of gas.
     
    Last edited: Jun 4, 2015
    #6636     Jun 4, 2015
  7. S2007S

    S2007S

    and the sell off continues.. dow broke 18,000...so glad I got rid of my TNA yesterday before the close...now tomorrows job reports should be another interesting story. I believe we have another 150+ point drop or rise coming tomorrow after that report.
     
    #6637     Jun 4, 2015
  8. S2007S

    S2007S


    Missed out big on that trade, never entered the trade but damn this stock has lifted off, had a 1 for 4 reverse split and now trading near $36 or pre split adjusted at $9 which is a HUGE 50% return, not cool I missed out, will wait for it to come back down under $20 before even considering a trade...
     
    #6638     Jun 4, 2015
  9. I don't think it will close on it's lows, it's been a long time like April since we have close on the lows of the day.
     
    #6639     Jun 4, 2015
  10. S2007S

    S2007S


    agree, because of that I dipped back in and bought TNA again at $88.75 moments ago, figure since I got lucky and sold it yesterday before this huge buying opportunity drop I would buy it again to hedge once again against my short positions.

    4 for 4 since trading TNA...tends to trade around a $5-$8 dollar trading range, the last time I bought it traded down to the low 80s but held on and sold yesterday at $91.62, just bought again and will sell those shares above $90+ tomorrow once that awesome job report comes out...and if it doesn't rally I have a nice amount of TZA sitting in my portfolio...

    6/3/2015 6/8/2015 TNA SOLD AT $91.6201
    4/29/2015 5/4/2015 TNA BOUGHT AT $88.9199
    4/28/2015 5/1/2015 TNA SOLD AT $90.9005
    4/27/2015 4/30/2015 TNA BOUGHT AT $89.96
    4/20/2015 4/23/2015 TNA SOLD AT $92.1401
    4/17/2015 4/22/2015 TNA BOUGHT AT $89.8899
    2/9/2015 2/12/2015 TNA SOLD AT $80.90
    2/9/2015 2/12/2015 TNA BOUGHT AT $80.1899
     
    #6640     Jun 4, 2015