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Building A Position

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#1 MikeyG

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Posted 26 November 2021 - 01:25 PM

Bought 200 SPXL in after hours. 


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"One soul is worth more than the whole world." 


#2 LMF

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Posted 26 November 2021 - 02:47 PM

Its never boring watching this market continue to gyrate. From my analysis methods I am forever convinced TQQQ is on a path to something close enough to infinity. Close enough for government work. But I am equally convinced that TNA will not reach infinity. Mainly because it does not have to. The logarithmic trend line over the top of the SML index since 1998 is a virtual line of death. It touched that line early March and then recently Nov 8, showing how good it is. The small stocks dont have to do anything on the upside. And the risk can be overloaded to the downside when necessary. The administration hates these stocks 24/7 and it didnt just start yesterday.

#3 gannman

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Posted 26 November 2021 - 04:27 PM

personally i think we are going to have the crash of the ages . but not before we have another run up here how high we go i 

 

don t know. it is going to be an interesting two weeks 


feeling mellow with the yellow metal