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first leg up of the re-established bull market, underway


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#11 skott

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Posted 18 January 2023 - 12:36 PM

but a character of bear markets is what happened this morning. Look back at Dec 13. who knows. I'm already tired of it and stressed with work injury and getting screwed over. may have to quit work and the bastages in HR are not even replying to me.



#12 andr99

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Posted 18 January 2023 - 03:12 PM

in the meanwhile I'm enjoying my European longs.....opened a while ago


forever and only a V-E-N-E-T-K-E-N - langbard


#13 skott

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Posted 18 January 2023 - 03:40 PM

care to be more specific? Eurostox and Dax both down and followed similar patterns as US. open high, 5 wave down into negative territory ATM



#14 andr99

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Posted 18 January 2023 - 03:51 PM

banks.........italy........long position opened three and a half months ago.......go and see where they are now. Don't ask me specific positions because I don't give them in a public forum.

 

when I called the spx bottom in October, I was not joking. I was already inside my European long positions and I knew America was turning up as well.....


Edited by andr99, 18 January 2023 - 03:56 PM.

forever and only a V-E-N-E-T-K-E-N - langbard


#15 skott

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Posted 18 January 2023 - 04:06 PM

I mention mine because the markets are too big to be affected by mentioning a name and ppl can tell I'm not BS'ing    I gave two great ones today.  Short SMH and XLE right when they were at their peaks today, great shorts.  TLT doing great too on the long side.

MSI, awesome down day. XLV, XLI, QQQ, XLK. PSQ in my retirement account



#16 andr99

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Posted 18 January 2023 - 04:11 PM

skott you are a day trader probably, I'm a long term trader.....months  


forever and only a V-E-N-E-T-K-E-N - langbard


#17 skott

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Posted 18 January 2023 - 04:18 PM

in the meanwhile I'm enjoying my European longs.....opened a while ago

 

Italy is 6 hours ahead of us. I would think they would have been closed by the time you said you were enjoying them



#18 andr99

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Posted 18 January 2023 - 04:20 PM

when I say enjoying, I mean not because of today, but I mean because of entering long three and a half months ago and staying long since then....

 

I don't care of the trend of one day or two......   


Edited by andr99, 18 January 2023 - 04:21 PM.

forever and only a V-E-N-E-T-K-E-N - langbard


#19 skott

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Posted 18 January 2023 - 04:31 PM

no, not a day trader but when I make an entry why not use day trader methods. I entered 75% of my approximately on Dec 13 spike up so I'm still profitable even after the rally that has occured after the late Dec bottom. I expect this bear to last at least two more years but I don't know if I'll be able to be that patient on the short side plus I am sick and may have to quit work which would definitely affect my risk profile



#20 skott

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Posted 18 January 2023 - 04:32 PM

when I say enjoying, I mean not because of today, but I mean because of entering long three and a half months ago and staying long since then....

 

I don't care of the trend of one day or two......   

 

 

ok, understood.