Short QQQ to fill the gap
Started by
skott
, Oct 14 2019 10:50 AM
48 replies to this topic
#21
Posted 18 October 2019 - 09:44 AM
#22
Posted 18 October 2019 - 10:02 AM
NQ still has to break 7900, then 7800, 7700, 7600 and then test 7500 which IMO will break if/when we get there. If that breaks all
bets are on for the downside.
Let's see what happens
bets are on for the downside.
Let's see what happens
#23
Posted 18 October 2019 - 10:39 AM
while we wait for the market to tank let's look at the gold miners I recommended as long ago as June. MGDPF which is Marathon
Gold. It's up 100% since May 2019, and up 50% since June-ish. I bought @ 70cents now $1.27 Irving Resources,
Symbol IRVRF, I bought over a long period of 15 months accumulating between 50 and 70cents. It's now 1.82ish having pulled back from a high of 2.50 This is a super
strong buy at this point. Lab assays are backed up and because it's Japan just shipping ore out is a problem.so the stock has pulled
some. That is opportunity. This stock has a shot at $20-$40 US if the results continue being good. Novo Resources NSRPF up 16% yesterday.
Lion One Metals LOMLF 50cents in June been as high as 80cents. It's a strong buy/hold. They likely have 5-10 million ounces plus.
Gold. It's up 100% since May 2019, and up 50% since June-ish. I bought @ 70cents now $1.27 Irving Resources,
Symbol IRVRF, I bought over a long period of 15 months accumulating between 50 and 70cents. It's now 1.82ish having pulled back from a high of 2.50 This is a super
strong buy at this point. Lab assays are backed up and because it's Japan just shipping ore out is a problem.so the stock has pulled
some. That is opportunity. This stock has a shot at $20-$40 US if the results continue being good. Novo Resources NSRPF up 16% yesterday.
Lion One Metals LOMLF 50cents in June been as high as 80cents. It's a strong buy/hold. They likely have 5-10 million ounces plus.
Edited by skott, 18 October 2019 - 10:58 AM.
#24
Posted 18 October 2019 - 11:07 AM
Decision time. I made mine the last three days. I'm in the money now. remember to click twice
https://tos.mx/7nFQTKz
https://tos.mx/7nFQTKz
#25
Posted 18 October 2019 - 11:08 AM
oh bTW, naz100 bullish sentiment on DSI reached 70 yesterday. that's pretty frothy. Short em if you got em
#27
Posted 18 October 2019 - 12:39 PM
Prior support now resistance on 30 minute chart for QQQ. Low risk short entry here. but my short plate is full
https://tos.mx/LLwkAyf
https://tos.mx/LLwkAyf
#28
Posted 19 October 2019 - 04:45 PM
Too much corporate borrowing. Share buybacks,etc. They can't even meet the interest payments
https://www.dailymai...-IMF-warns.html
https://www.dailymai...-IMF-warns.html
Edited by skott, 19 October 2019 - 04:46 PM.
#29
Posted 21 October 2019 - 11:35 AM
I thought this would be at least a fill the gap trade. I have to leave for work early today and the rest of the week I will be
totally out of pocket during market hours. Not sure if I want to ride out possible new highs and maybe a nice run higher. not much
time to think on this one. may have to decide after the close ATC
totally out of pocket during market hours. Not sure if I want to ride out possible new highs and maybe a nice run higher. not much
time to think on this one. may have to decide after the close ATC
#30
Posted 21 October 2019 - 11:57 AM
There is a positive cycle bias for this week IMO. so we could go higher still before either a small or a big correction.