Jump to content



Photo

Shorting S&P and APPL on 1/5


  • Please log in to reply
9 replies to this topic

#1 linrom1

linrom1

    Member

  • Traders-Talk User
  • 3,165 posts

Posted 03 January 2022 - 02:37 PM

APPL.jpgBased on this from Tom Bost!



#2 linrom1

linrom1

    Member

  • Traders-Talk User
  • 3,165 posts

Posted 04 January 2022 - 10:03 AM

APPL going down today....crap!



#3 linrom1

linrom1

    Member

  • Traders-Talk User
  • 3,165 posts

Posted 04 January 2022 - 11:09 AM

No, today is not 1/5?



#4 Smithy

Smithy

    Member

  • Traders-Talk User
  • 1,928 posts

Posted 04 January 2022 - 02:24 PM

Short SPX, very tight stops. We'll see.



#5 Smithy

Smithy

    Member

  • Traders-Talk User
  • 1,928 posts

Posted 04 January 2022 - 02:57 PM

And out.



#6 Russ

Russ

    Member

  • Traders-Talk User
  • 6,921 posts

Posted 10 January 2022 - 11:56 AM

Short SPX, very tight stops. We'll see.

I have a signal for OEX to go down into April, I bought SPXS (3X short fund),  the amount it goes does is in yellow is possible but no guarantees on that, the date in april for the low should be correct.  


Edited by Russ, 10 January 2022 - 12:00 PM.

"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#7 Smithy

Smithy

    Member

  • Traders-Talk User
  • 1,928 posts

Posted 10 January 2022 - 01:57 PM

What about shorting SPXL? Then decau is on your side,yes?



#8 hhh

hhh

    Member

  • Traders-Talk User
  • 926 posts

Posted 10 January 2022 - 02:13 PM

Oops, deleted, wrong thread.


Edited by hhh, 10 January 2022 - 02:15 PM.


#9 Russ

Russ

    Member

  • Traders-Talk User
  • 6,921 posts

Posted 10 January 2022 - 02:54 PM

What about shorting SPXL? Then decau is on your side,yes?

Yes, you could do that too,  might make more but today's percent gain and loss for each one looks similar.  Do you have data showing that shorting a leveraged fund makes more money then buying the inverse?


Edited by Russ, 10 January 2022 - 02:58 PM.

"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#10 beta

beta

    lasergirl

  • TT Patron+
  • 4,021 posts

Posted 23 January 2022 - 08:27 PM

Nice call, Russ.  Are you covering here or remain short?


"Daytrading -- An Extreme Sport !"