pthomas215 1,251 posts msg #138244 - Ignore pthomas215 |
9/18/2017 2:47:02 PM
Well, going on what many people call 'a top'. SPX hits a top at around 2520-2530, which means any SPX shorts beyond this point will be good plays. I can just tell you what my strategy is..doesnt mean it is right. Going long on both JNUG and TVIX at SPX of 2520 - 2530. some of the best money will be made profiting from the downside...:)
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sandjco 648 posts msg #138261 - Ignore sandjco modified |
9/19/2017 8:56:04 AM
CLVS...anyone? Ferris? Bueller?
Opened first position to test this out...divergence of RSI. Although bought lower; I'll use close of $76.74 to track its progress.
Thank you to Mac for the Guppy inspired looking chart!
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sandjco 648 posts msg #138262 - Ignore sandjco |
9/19/2017 8:57:37 AM
SPY continues to chug along.....
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sandjco 648 posts msg #138269 - Ignore sandjco |
9/19/2017 1:23:11 PM
Selling 80% of my XIV position @$92.75. Will be going away and cannot watch.
Using ACB of $79.26, approximately 17% return in about a month.
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sandjco 648 posts msg #138270 - Ignore sandjco |
9/19/2017 1:25:04 PM
CLVS..will be selling this for a small loss if this does not follow thru to the black side by noon.
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sandjco 648 posts msg #138364 - Ignore sandjco |
9/25/2017 11:54:52 AM
Sold the last position in XIV at $91.50
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sandjco 648 posts msg #138372 - Ignore sandjco |
9/25/2017 1:53:43 PM
Have I seen this before? Big name tech stocks/top performing sector taking a hit (profit taking) right before October? Interestingly enough, XIV barely budged. FANG getting hit today.
Big money shaking the tree so the lil joes bail.....
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sandjco 648 posts msg #138392 - Ignore sandjco |
9/26/2017 11:00:44 PM
Back in the saddle XIV using EOD $93.80. Not super happy with the entry...but going with the signal. added 1/5 tranche.
Bought INDL with 1/10 of the tranche $78.08
Bought LBJ with 1/10 tranche at $35.67
Bought YINN with 1/10 tranche at $28.27
Kinda uneasy taking positions close to October.....
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sandjco 648 posts msg #138420 - Ignore sandjco |
9/27/2017 11:30:35 PM
Well...maybe that unscientific "gut feel" was right about being "uneasy".
Now, I'll have to manage these trades. I will probably take profits in XIV (sell all) and then scale into the other positions. Have to wait and see.
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johnpaulca 12,036 posts msg #138421 - Ignore johnpaulca |
9/28/2017 8:49:09 AM
"Kinda uneasy taking positions close to October"
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best 2 performing months in the last 20yrs is March and Oct with a 2.1% return.
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