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Going to crash?


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#11 da_cheif

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Posted 08 September 2020 - 07:49 PM

Aaii has been meaningless for years.

" for years".....u mean since 09?    :>)   and 22 thousand pts up?



#12 da_cheif

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Posted 08 September 2020 - 07:53 PM

I really dan't want to trade anymore or adjust positions for another week, rather find something else

to do with my time, Day trading doesn't work for me in volatile markets. It will take more than a week to get to 2200 or 3600, no use watching it all the time.

day trading  lololol  



#13 redfoliage2

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Posted 08 September 2020 - 08:26 PM

It looks a better bounce in the cards when NQ is leading the bounce ...............


Edited by redfoliage2, 08 September 2020 - 08:29 PM.


#14 tommyt

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Posted 09 September 2020 - 12:25 AM

"Crash"

You guys high. These indices are still we up and plenty of winners, crashes start from lower vulnerable spots when in a weaker position.

#15 da_cheif

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Posted 09 September 2020 - 08:20 AM

This is not a garden variety sell like June, Tech has already crashed, anybody want to buy at $40 again.

No warning from AAII.

 

http://schrts.co/emtyFaar

AAII warning      82 handles out of last nites hole.....you buy the dip for the www romp?



#16 redfoliage2

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Posted 09 September 2020 - 08:48 AM

The bounce will stay and it looks a trending day ...............


Edited by redfoliage2, 09 September 2020 - 08:55 AM.


#17 12SPX

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Posted 09 September 2020 - 09:10 AM

 

This is not a garden variety sell like June, Tech has already crashed, anybody want to buy at $40 again.

No warning from AAII.

 

http://schrts.co/emtyFaar

AAII warning      82 handles out of last nites hole.....you buy the dip for the www romp?

 

So far profit stop sitting at 65 points, maybe it'll match my downside play yesterday of +75 points, gotta love day trading.  Btw also posted on here selling the September 3000 puts for $10.  Pretty interesting that even though the SP closed down -95 points yesterday, basically at its lows, that 3000 put closed at $7.00 down on the day.  Gotta love time premium decay! 



#18 LMF

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Posted 09 September 2020 - 09:17 AM

Theyve been pushing UVXY down since the open on Tuesday. The lows yesterday on TQQQ were a nice gift. Buy that trend just fine......

#19 12SPX

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Posted 09 September 2020 - 09:27 AM

And there we go profit stop now 3385 for a 75 point profit!  Gotta love "trading" the market! 



#20 Dex

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Posted 09 September 2020 - 09:28 AM

Zappatoes
"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
17_16