54 replies to this topic

[skott]

just a trade. looking for about 173 in less than a week. Took all margin off Gold miners August 8th, 9th from 118% long to 100% long due to possible crash scenarios in market that could drag everything down. just being carefull. 100% is plenty. QQQ short amounts to about 10% of capital. Short leash

Edited by skott, 22 August 2019 - 01:18 PM.

[q4wer]

I will short tomorrow.  I think that the bull can breath one more day.

[skott]

that's always possible

[alexnewbee]

The whole world and my grandmother is waiting to short tomorrow's pop. So may be it's wise to do it today. Just a thought.

May be overnight..

[ryanoo]

The whole world and my grandmother is waiting to short tomorrow's pop. So may be it's wise to do it today. Just a thought.

May be overnight..

Actually the whole world and your grandmother are actually the "passives" and the algos. LOL!

 

"Passive now controls 60% of US equity assets while quant funds control 20%—staggering 80% combined. Blackrock & Vanguard oversee $12t, up from less than $8t 5 years ago. And algorithmic trading systems are now responsible for 75% of global trading volume"

https://twitter.com/...556534367621125

[skott]

P.S. for those who were watching my gold/silver miners trade I entered in early June, I had stated that a secondary buy would occur. We are just about there but not yet. Getting close

Edited by skott, 22 August 2019 - 04:54 PM.

[ryanoo]

U.S. MANUFACTURING PMI BELOW 50 FOR FIRST TIME SINCE SEPTEMBER 2009

[ryanoo]

U.S. MANUFACTURING PMI BELOW 50 FOR FIRST TIME SINCE SEPTEMBER 2009

Biggest downward revision to payrolls since 2009 and

the first contraction in the Markit manufacturing PMI since 2009

[skott]

somehow I think that will help my short position. rates cuts are already baked in. The only other things they can do are of the drastic and crazy things

[da_cheif]

biggest upday in history coming and ur all gonna get squeezed   675 ono