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How bear markets act


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#11 skott

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Posted 09 January 2023 - 12:32 PM

MSI putting in a topping tail. my SMH short add was at 220.16



#12 skott

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Posted 09 January 2023 - 12:36 PM

BTW,  SMH is testing the resistance of the 200 day MovAvg



#13 skott

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Posted 09 January 2023 - 12:43 PM

XLV doing well on the short side. Unfortunately it's one of my smaller positions. XLE is one of my larger positions. 



#14 skott

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Posted 09 January 2023 - 12:50 PM

I think alot of folks got bulled up over the weekend because of Friday and today we've had some breakouts over some key movAvg's like the SPX now above the 50day. It's gotta hold or it will look bad with a huge topping tail. If, if.



#15 skott

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Posted 09 January 2023 - 01:37 PM

Can you see this chart of MSI after clicking on the link? When you get to the ThinkorSwim sharing page you should be able to just click on the chart to see the larger full view.  MSI is my largest single position and the only Non-etf Short. I didn't add any today to this short.

 

thinkorswim Sharing (tos.mx)

 

Someone let me know if it works so I don't waste time posting charts you can't see.


Edited by skott, 09 January 2023 - 01:39 PM.


#16 skott

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Posted 09 January 2023 - 02:18 PM

I have to close up shop and go to work. I barely have a drawdown today on my shorts as of right now. I'll have to see how they close later. first day back at work in two weeks since something went haywire in my body.