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SUPER BLOWOFF PHASE - 5200? 5500?


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#21 dTraderB

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Posted 26 February 2024 - 11:19 AM

Closed NQ 18020

ES 5094 LONG

Closed NQ 18002

NQ 17968 LONG

Closed NQ LONG 18045

Closed 1 NQ HEDGE LONG 18000.25
HOLDING 2 NQ & 1 ES LONG
Will again be aggressively daytrading HEDGE LONGS

NQ 19978

2 NQ & 1 ES HEDGE LONG

VERY BIG TECH & merely BIG S&P SHORT POSITION


NQ 17970

ES 5107

Got to hedge again: NQ 18038 LONG



#22 12SPX

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Posted 26 February 2024 - 11:44 AM

Hmmmm well I got my short on the ndx at 18040 this last round, market is very interesting here, weak ES, strong tech but heh who cares about P/E's, just saw a chart that the top 10 stocks in the S&P 500 have a p/e almost double that of the 2000 top, very interesting....



#23 12SPX

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Posted 26 February 2024 - 12:02 PM

Well how about that, profit stop 18030 sell above



#24 12SPX

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Posted 26 February 2024 - 12:04 PM

And out for 10 points profit lol!! 



#25 12SPX

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Posted 26 February 2024 - 12:33 PM

Got back in at 18050, better price if I have to hold....



#26 redfoliage2

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Posted 26 February 2024 - 12:37 PM

https://www.investin...esearch-3315476

Maybe a bad PCE will do.................................


Edited by redfoliage2, 26 February 2024 - 12:37 PM.


#27 12SPX

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Posted 26 February 2024 - 12:46 PM

Lets see what happens with this for now, profit stop 18040 sell above.....



#28 12SPX

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Posted 26 February 2024 - 01:18 PM

hmmmm thought it would be quicker but out for a 10 point profit, looking for 18055 now



#29 dTraderB

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Posted 26 February 2024 - 01:21 PM

NQ 18012 LONG

Closed NQ 18020

ES 5094 LONG

Closed NQ 18002

NQ 17968 LONG

Closed NQ LONG 18045

Closed 1 NQ HEDGE LONG 18000.25
HOLDING 2 NQ & 1 ES LONG
Will again be aggressively daytrading HEDGE LONGS

NQ 19978

2 NQ & 1 ES HEDGE LONG

VERY BIG TECH & merely BIG S&P SHORT POSITION


NQ 17970

ES 5107

Got to hedge again: NQ 18038 LONG



#30 redfoliage2

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Posted 26 February 2024 - 01:53 PM

https://www.investin...esearch-3315476

Maybe a bad PCE will do.................................

The month March is seasonally unfavorable for the stock market and famous for crashes,  the famous one was the crash from the Dot-com bubble burst in March 2000.  It looks AI and dot-com bubble do share some similarities ...........


Edited by redfoliage2, 26 February 2024 - 01:59 PM.