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The FED's last few bullets? Unlimited QE RALLY on...


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#21 dTraderB

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Posted 23 March 2020 - 11:43 AM

About 40% LONG

 

Bought 3 more JUNE CRUDE CALLS in Risk Portfolio

 

1-lot NQ trading



#22 dTraderB

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Posted 23 March 2020 - 12:01 PM

What a strange market! Am now profitable in today's LONGS

 

 



#23 dTraderB

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Posted 23 March 2020 - 12:02 PM

... not complaining, but will take a bit off the table if SPX trades above 2330



#24 K Wave

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Posted 23 March 2020 - 01:59 PM

SOX looks ready to lead out of the hole....but may have to wait until tomorrow until the clowns in congress get their act together


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#25 dTraderB

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Posted 23 March 2020 - 02:59 PM

Good way to end the cash session: 68-point NQ long trade

 

Good move up in Crude even as equities down

 

Not going to call any ST low here but a slightly more bullish tone today, volatility down... 

but the worst of this bear market is ahead after a few very sharp and sudden rallies. 

 

STIMULUS rally could be more than 10%

OIL rally could add another 3 to 5 %

 

So a  25% rally from the current LOW takes SPX to about 2800 

 

 



#26 dTraderB

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Posted 24 March 2020 - 08:56 AM

Closed LONGS in LT Portfolio - cannot hold a 6,7 % average gain in this market

 

Close 8 CRUDE CALLS in RISK PORTFOLIO - still holding 9