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This guy called the CRASH...


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#1 NAV

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Posted 05 February 2018 - 08:50 PM

and put the money where his mouth is !

 

 

 

Shorted QQQ at 167 with 167.8 stop via puts

 

 

 

I am expecting a 5% type crash scenario here. Will hold the rest for a sharp selloff today and next week.

 

http://www.traders-t...aracter-part-2/

 

Rode my position (partial position) from 167 to 158.5.Covered everything at close today. Biggest 3 day gains in my trading. Not sure what my next move is going to be. Will be on watch mode the next few days until i see something concrete. NYMO closed at -118 ! WOW !

 

 

 

 


"It's not the knowing that is difficult, but the doing"

 

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#2 tommyt

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Posted 05 February 2018 - 08:55 PM

Nice call and trade Nav!



#3 NAV

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Posted 05 February 2018 - 09:16 PM

Thanks tommyt !

 

When VIX shoots above 35, i stop swing trading and do mostly day trading. I developed this rule during 2008. So until VIX drops below 30, no swing trading for me. It will be mostly day trading. Why swing when you can make more with day trading ? 

 

Passive investors are jumping the ship like rats. Interesting times.


"It's not the knowing that is difficult, but the doing"

 

https://tradernav.blogspot.com

 

https://twitter.com/Trader_NAV

 

 


#4 Russ

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Posted 05 February 2018 - 09:50 PM

I predicted this sell off in Dec. - which should keep going down into April or as early as march - with this chart... 


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



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#5 viccarter

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Posted 05 February 2018 - 11:03 PM

and put the money where his mouth is !

 

 

 

Shorted QQQ at 167 with 167.8 stop via puts

 

 

 

I am expecting a 5% type crash scenario here. Will hold the rest for a sharp selloff today and next week.

 

http://www.traders-t...aracter-part-2/

 

Rode my position (partial position) from 167 to 158.5.Covered everything at close today. Biggest 3 day gains in my trading. Not sure what my next move is going to be. Will be on watch mode the next few days until i see something concrete. NYMO closed at -118 ! WOW !

 

 

 

 

SWEET!



#6 NAV

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Posted 06 February 2018 - 02:11 AM

S&P futures positive now. Looks like we have seen some sort of bottom today. Cash might test the futures bottom tomorrow. Either way a bounce from the EXTREME oversold condition on MCO should begin tomorrow. 


"It's not the knowing that is difficult, but the doing"

 

https://tradernav.blogspot.com

 

https://twitter.com/Trader_NAV

 

 


#7 NAV

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Posted 06 February 2018 - 02:12 AM

Ralph Acampora,

 

You can now sit down and calm down laugh.png


"It's not the knowing that is difficult, but the doing"

 

https://tradernav.blogspot.com

 

https://twitter.com/Trader_NAV