Member
Posted 09 March 2020 - 07:46 AM
Trading CRUDE, daytrade mainly LONGS
Bought VOO and XLF pre-cash market
Both down by 7 to 8 % so this may be where S&P drops when active trading resumes
Am tempted to also trade YEN but can't focus on more tahn 2 to 3 trading instruments
Will buy more VOO and XLF if market goes below 9% drop level
Also looking at DELTA & AA airlines, Carnival Cruise, BOOKING.com and a few others
just trying to buy some for my LT portfolio which is almost empty
Member
Posted 09 March 2020 - 07:47 AM
I expect a sharp bear-killer bounce... but when? from what level?
Anyone posts about VXX being above 40 is not my friend on this Great FF Board
I regret not holding even 3 or 4 VXX longs
Member
Posted 09 March 2020 - 07:47 AM
Be very alert to sharp and punishing rallies and action from the POWERS
Member
Posted 09 March 2020 - 07:48 AM
QUITE of the YEAR on BLOOMBERG (hate CNBC!)
"The Day the Bond Market Died"
WOW!
Member
Posted 09 March 2020 - 07:49 AM
"quote"
not "quite"
may not have time to post for rest of day
be careful out there, people!
Member
Posted 09 March 2020 - 08:18 AM
2371 today then closed the rest of the day.
Member
Posted 09 March 2020 - 08:49 AM
15 min halt
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 09 March 2020 - 08:53 AM
Dow back above first halt level
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 09 March 2020 - 09:14 AM
I guess this is our margin selling event.. Russia not participating in cuts and other on this fraction is just an excuse... All I can say that at these prices 92% of oil wells will be turned off in the US, and all oil exploration with cease and there will be layoffs in this sector until things stabilize.... Give it a month....
