Good morning amigos .............. 9:22 AM Pacific, Aug 13, 2022 Adding to QQQ short will take place next week. All additions will be $400k of Capital used per entry - entry price will always be mentioned within 60 seconds live; just divide that into the 400k to get #shares. This system of addition will not change, its in the blood. Preparation for Next week underway. Going to look at the daily for not only QQQ but also DJI, SPX, NYA, DJT at the very least ............. Stance: No change. This is a bear market rally in Wall Street lingo. In MY lingo its Wave 2 up Wave 2 is supposed to be loaded with optimism and glee. Its job is to rope in the masses. Often, the feverish greed in wave 2 exceeds even that of the all time top that preceded it. So, a strong Wave 2 rally like we have seen does not surprise me. Its well within what is expected. Wave 3 down takes over when Wave 2 up terminates. Today I am going to go deeeper into where I think the Wave 2 will terminate.
He has unlimited cashflow, because of those $400K tranches. It is easy to spot. If only he did that on the bull side. Sux to have lots of money and be on the opposite team over long-term.
Niney, Overnight wants the actual Dollar loss. Done! This is easy to update on a daily basis with the prices of the shares fluctuating. Yes and we are only using QQQ. It will remain this way. Easy as pie to keep track of
Niney, Would you like me to use bold formatting in red so my losses can be seen even in El DF? (Messsssyko city) Loss = $5353 The modus operandi of yours truly .............. 1000s of candles can be lit from a single candle. This candle resides in my Lower Anterior Descending aka LAD aka Widow-Maker Artery. No matter how many candles I light for others in the realm of sharing, the damn thing is that the original candle just never decreases.
Well, then I am of the 0.000000000001 percent of ET, because I use unirenkos, which are range-based bars. My current MYM trade in the Sep contract has been on for 3 months. Does that make me ET Mayor McCheese?
You laugh. I have been in trades for longer than you have been a member of this website. This ain't the first one either, man. Don't mess with the bulls, or you will get gored.
You misread me. I was not laughing. I was smiling/grinning at your comment which I thought was good. No disrespect intended whatsoever. Relax.