Yeah definitely. I bought in 130.47, sold for a little over a point gain later. Maybe too conservative. We'll see what happens. I feel like with these ETFs everyone is waiting for the downside news to come back to the table and send these to where they were last wed, thurs. but the good news from this morning didnt allow that to happen, so now who knows. I'll probably be in and out of this and TWM, but I wouldnt mind them to be Green for the day like you were saying last week. Because when they go red, they go Red HARD.
Great entry at 130.47 but wished you got more.. 300 down to 130 and it SHOULD be reluctant to drop further.. The quality of the entry cannot be under-estimated... I did re-buy at 138.. We are basically fighting light volume AND thanksgiving week, traditionally an up week.. Day after thanksgiving weekend known to be THE strongest day of the year. But DOW has been up it's highest 2 day gain since 1987,, classic bear market behavior... SHOULD give some back.. My morning read was accurate as it is a lot of the time.... just execution not great.. Will get it right...
not bad. yeah i wish i got back in, but can you believe that sell off in SRS?! I was working most of day and came back to see that the chart had hit 150 - kicked myself, but then glad i missed sell off. Tried to buy it again around 125 but it didnt come down enough to my bid. oh well. I actually ended up scalping a lot in the final hour today (TWM and HK - nat. gas stock),
Didn't do much except small long in BGU... I will probably replace UWM with this as it is priced higher and follows the general market a bit closer...
Any worthy trader should have made a mint since September... Will join that select group soon. Currently Long UAUA even, UWM 18.05.
Marketwise... Day after Turkey weekend almost always green but if so I doubt it holds after 5 up days. Low 900's S&P should be it... Should coincide with TWM around 100. If markets somehow gap up with TWM around 100 will look to start position.. Will also fish SKF and SMN.
These reversals so viscous... Took losses on UAUA, UWM.. Long TWM 117's Long SKF 152's Long SMN 86 Short UAUA 10 even.
haha yeah its crazy right now. i bought TWM around the low at the close on Friday, and then stupidly sold After Hours for pretty much nothing compared to what it was today. im so short sighted right now its ridiculous. gotta hold for those swings when they turn in our favor. i do have a small amount of FXP at least.
FXP is crazy for take home as it responds to China after the fact via gaps.. Notice it is declining over time along with FXI. Fishing FAZ around 73 this morning for a day trade... So far tiny fill 72.8.