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Buying The Close


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#1 MikeyG

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Posted 20 January 2022 - 03:59 PM

Long 1000 SPXL, 5 ES Futures


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#2 MikeyG

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Posted 20 January 2022 - 07:15 PM

You know what time it is!!!!!! 


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


#3 brucekeller

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Posted 21 January 2022 - 02:51 AM

I'll probably wait until after the Fed meeting personally. If things get bad enough Friday and early next week, maybe they'll hint that QE won't be stopped just yet or something lol.



#4 cycletimer

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Posted 24 January 2022 - 07:16 PM

Intraday internal readings were so oversold at the lows this morning.  I believe a 2-week bottom is forming.  Next cycle turn is February 5th, could mark a HIGH for the forthcoming relief rally.  I am fully long (which for me, retired, is 40% long equities, remainder in individual corporate bonds and structured notes, the only active trading I do is with 15% of my portfolio and it's ETF's exclusively, no more options, no more leverage and no more watching TV!).



#5 12SPX

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Posted 25 January 2022 - 09:12 AM

But you'll miss all the great news about covid how can you turn it off lol!!  Totally with you though think were very near but I do trade options but I sell them and these puts are more ripe then the bottom in 2020 right now!