%% A bear market problem also/\ LOL. BUT meditation on a huge number of larger frame+ hourly charts Would\ could help. A scale out on stuff like SQQQ, or TQQQ most always is wise. Certain exceptions apply. I'm careful some what on my songs; Its all right to be itty bitty / little bitty town or big old city . A Jackson song 72 million video views. Actually i averaged more profits consitently with QLD than TQQQ.[ Even though in theory you could position size it the same, but the statement still stands.] OCT + this week so far is a bear killer, as Stock Traders Almanac nicknames it. IF i lost on both Sqqq + Tqqq i would cut back for sure on size; unless i had a hit rate of 20%. The newer they are the more leverage they use + more lose.......
%% Good bear rally, good dividend, good dividends, on that; super wide bid\ ask. I did IBUY back in the old bull market/LOL. Wide bid\ ask. DAL has 647% debt, already went bankrupt; but up this week\LOL. Not a stock tip or psycho-babble
Added 30 UCO right before leaving this morning. Total closed profit so far: 393.57 Bull case still alive but the flags are all there is so far, no takeoff. Got tons of work done today. Met a retired airline pilot with a lot of stories and another guy who built like 4 airplanes. There is a lot of talent in this country that is getting so old, we will struggle as a nation if the computers and electronics break down.
%% Exactly\ I much prefer WSJ or IBD paper newspaper rather than my smart phone or computer or e-book. NO way a neWspaper can malfunction/LOL But plenty of college age can still read a book, so far so good. I dont need no rockin chair\ Geritol\ or your Medicare. May take me longer/ but i'll get there. G Jones Album \Walls Can Fall >3,777,777 video Views
Bull flag still in effect, acting normal for its type. Positions in the green on balance but UCO is the lagger, and not technically in an up trend. It's more of a fundamental position in anticipation of Brandon refilling the tanks in a few weeks.
I subscribe to IBD, and I Pay the bit extra to get the paper Monday edition. I miss it as a print daily.
Starting to get some fruit on the vine, hoping to start adding some real size if this keeps up next week. There is a point where I get numb to daily fluctuations, at about 10x this level.
Slight loss this morning, everything still in up trends, holding. DE is the one strong stock and I might add to it soon. The main psychological tempation now is to close out positions that are not going up. I tend to get out way too early on small retracements.
Looks safe out there, + 5 CMI, +10 CTVA, +20 WHD. These are a few stocks I found screening over the weekend. The recipe is the same - sales / earnings growth, up trend (beating the market), first flag after the reversal, and room to run.