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In case you didn't see this under my earthquake OT. post.."taking another flyer here on NVDA short at 237.73"


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#11 skott

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Posted 28 February 2023 - 04:03 PM

so what does it do up here in this high gapped up area? Island reversal? The stock has rallied more than 50% of the decline from the November 2021 high. Bear market rally made a lower high. gonna close at 232.16  and trading lower in the after market.  not bad, only trading 100 shares. If I have to quit that's $600 in one day. If I can net that in a week I'm fine.  Not bragging, just thinking of my uncertain future. Tomorrow, I attempt to go back to work



#12 skott

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Posted 28 February 2023 - 04:06 PM

I've been paying for disability insurance for 15 years. Now I needed it and it's been a nightmare. It was like suddenly my company and the disability folks became like it was adversarial. I've made 7 or 8 Dr visits in the last 8 weeks. No pay at all the last month



#13 skott

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Posted 28 February 2023 - 05:22 PM

"cratering" after hours to 228.30 and moving



#14 skott

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Posted 01 March 2023 - 10:58 AM

I've said before, quite a few times. The 290 level for QQQ is important for the whole market.



#15 skott

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Posted 01 March 2023 - 11:14 AM

NVDA is flirting with 225. The next/last important support I have is 223.25. If that doesn't hold then there is no support until 205



#16 skott

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Posted 01 March 2023 - 12:12 PM

very tempted to take the $12 per share profit on this latest NVDA trade.  12+1+2     Well, it was $12  I let this sit here so long before I posted. It's rallied $3 since then.

 

Anyone who prays. I do but I need prayers for healing. Returning to work today. first time since Jan 9th



#17 skott

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Posted 01 March 2023 - 01:41 PM

I really expect the market to roll over here in earnest pretty soon. I'd take a look at IYB's post. He's one of the best. and read the stuff under his seven sentinels post.

 

Per the above I'm gonna try and stay with this NVDA short from 237.59  One to two year target is under 50 but that's a guess. I don't know if I'll hold it that long or even be alive/around that long.



#18 skott

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Posted 01 March 2023 - 01:59 PM

The U.S. dollar index reached a 20-year peak in September 2022 and will almost certainly achieve a 40-year top within a couple of years



#19 skott

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Posted 03 March 2023 - 12:50 PM

NVDA had insider sales amounting to $6.5 million a day ago



#20 skott

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Posted 06 March 2023 - 12:30 PM

managed to squeeze out a couple more short entries on NVDA a little while ago @ 240.25 avg price. I was  looking at the little bear flag on the 5 minute chart. Decline, rebound into resistance, short.  Perhaps recognition that this is not back to normal?  I had another order up @ 240.90 near the top of the flag but I'll prob remove it since it has broken down out of the flag