Distribution in recent days, seems to be gaining momentum, squeezing some, but is this market behavior leading to a shallow pullback or a CRASH?
Posted 21 May 2021 - 12:04 PM
Distribution in recent days, seems to be gaining momentum, squeezing some, but is this market behavior leading to a shallow pullback or a CRASH?
Posted 21 May 2021 - 01:28 PM
Shallow pull back before the crash
Posted 21 May 2021 - 05:18 PM
The distribution is from cashing in long term (holding 1 year+) and shifting the money into DJI stocks for dividends.
Lots of people are cashing in 40-50-60-70% long term capital gains from March-April-May of 2020. Me among them.
But I am not rushing into any other stock funds. A mini-crash would be a better entry point sometime before Halloween.
Posted 21 May 2021 - 10:10 PM
ur all wrong wrong wrong .......naaim down to 44% exposure to equities.....the recent sharp decline was nothing more than a bullish C wave.....on this coming wed after any post expiration adjustment off we go again.....maybe sooner.....but this market has no risk ....watch the sky and cnn fear greed index is at a level normally associated with bottoms............being bearish is easy.....anybody can do it.....perma crashers are proof.....
Posted 24 May 2021 - 09:02 AM
That was a fantastic week of trading, 3 consecutive big ones. due for a low profit or loss week but will try hard to prevent that
That was a punishing NQ short squeeze from early morning trading, caught about 60% of that rally.
Will build a large SPY PUTS position, SEP; will take profits in ES HEDGE LONG during cash session while adding extra lot to NQ LONG daytrades, will take profit in INDA & VOO and then reopen lower;
Basically, I am taking profits and hedging PUTS partially while focus on NQ DAYTRADES
200 VOO
700 INDA
1 ES HEDGE LONG 4168.75
41 SPY PUTS
Posted 24 May 2021 - 09:38 AM
Posted 24 May 2021 - 10:32 AM
Posted 24 May 2021 - 12:18 PM
Posted 24 May 2021 - 02:26 PM
Posted 24 May 2021 - 02:44 PM