Jump to content



Photo

I'm watching Naz100. Bounce is over


  • Please log in to reply
29 replies to this topic

#11 skott

skott

    Member

  • Traders-Talk User
  • 4,712 posts

Posted 17 May 2019 - 10:11 AM

yes, I expect a bear market. but getting nearer to the election. conflicting forces. We know the powers that be don't want Trump in office but does that include the most important, i.e, the real powers that be?  Who's side is the "federal" reserve on?

 

sorry I didn't update my numbers more thoroughly but we did trade lower. they love to do it while we sleep. and hopefully you could see the very obvious support above the round number 7500



#12 skott

skott

    Member

  • Traders-Talk User
  • 4,712 posts

Posted 17 May 2019 - 10:48 AM

lower high on the bounce today off the overnite low. Still looks lower to me.



#13 skott

skott

    Member

  • Traders-Talk User
  • 4,712 posts

Posted 17 May 2019 - 01:03 PM

another low risk entry here @7580   QQQ 184.53



#14 skott

skott

    Member

  • Traders-Talk User
  • 4,712 posts

Posted 17 May 2019 - 01:20 PM

I say go ahead and test the premarket low and take to about 7500. sound good? let's do it



#15 diogenes227

diogenes227

    Member

  • TT Patron+
  • 5,120 posts

Posted 17 May 2019 - 01:38 PM

Expect AAPL market share to slide further in China as more consumers there switch to Huawei.  The trade war will further affect sales of US tech companies to China.............

 


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#16 skott

skott

    Member

  • Traders-Talk User
  • 4,712 posts

Posted 17 May 2019 - 02:21 PM

I"ve been away 10 years or something like that. Do we have cash prizes now?



#17 skott

skott

    Member

  • Traders-Talk User
  • 4,712 posts

Posted 17 May 2019 - 02:32 PM

7510 hit. just 3 pts above the low. that's pretty good.



#18 skott

skott

    Member

  • Traders-Talk User
  • 4,712 posts

Posted 17 May 2019 - 02:45 PM

two great trades in two days. roughly 80pts on each trade. almost zero analysis involved.



#19 skott

skott

    Member

  • Traders-Talk User
  • 4,712 posts

Posted 17 May 2019 - 03:06 PM

closed at 7507ish day market hours. still trading. clapping.gif



#20 skott

skott

    Member

  • Traders-Talk User
  • 4,712 posts

Posted 17 May 2019 - 05:41 PM

I don't know quite how to gauge sentiment right now. I don't think there is much fear but I don't know. I'm a little out of touch with that right now.