ProShares UltraPro QQQ ETF (TQQQ)

[fourdint]

Could be, but if not as bas as expected then up, worse then expected down, or burned out on inflation is guess. It's always hard to figure.

[eyeofstorm]

I'd imagine, waiting on inflation data tomorrow.

[TRAPPER JIM]

It's definitely a fickle market these days

[fourdint]

Big moves usually have reasons but it's been relitively flat for maybe 5days, so, I'll say no reason. But i am waiting for reason up or down.

China concerns could effect chips and inturn Apple. ... it really just takes one fang...

[TRAPPER JIM]

LOL

[luckydude777]

I took a nap.

[TRAPPER JIM]

What happened to make the market go back down. LOL

[TRAPPER JIM]

Right on

[luckydude777]

I'm anxious for T to hit in the $60's so our Hawaiian friend can get back in the game. I really enjoyed his posts.

[TRAPPER JIM]

C'MON $40s

[luckydude777]

Sure is, isn't it.

[TRAPPER JIM]

Markets doing good this morning

[TRAPPER JIM]

YW have a great weekend. Thanks for your posts as well

[luckydude777]

About the same as myself. Thanks for keeping us updated, Jim. Greatly appreciate your posts!

[TRAPPER JIM]

Right on. Thinking about just setting on it for awhile. Might try to flip it on a pop-up and get cheaper again. Who knows. LOL

[luckydude777]

Good for you! I think we'll NOT be able to get shares under $35 now for a VERYYYYYYYYYYYYYYYY long time to come.

[TRAPPER JIM]

C'MON $45.00

[TRAPPER JIM]

Nice buy. I got back in at $34.80 a little bit ago

[luckydude777]

Not sure I'm going to be so quick to sell my T shares I bought earlier. There's something in my bones that says tech stocks are going to be breaking out in the next few weeks HUGELY. We'll see ...

[luckydude777]

Just bought a bunch of T shares at $34.60ish area.

[TRAPPER JIM]

It's definitely been topsy turvy to say the least. LOL

[fourdint]

That's a nice gain! Yea I saw that run-up but dawn again Rollercoaster could make for fun trading!

[TRAPPER JIM]

Thanks. Sold out this morning gained $1.73 per share. Not too bad

[fourdint]

Best of luck as always. It is hard but historically indexes are mostly up. Considering the pullback from highs, there is a big delta to make up. However, it's still volatile ... can always hope it's up up and away!

[TRAPPER JIM]

Thanks. It's definitely tired of getting beat up

[luckydude777]

Best of luck! This market does INDEED want to RISE.

[TRAPPER JIM]

Back in again. LOL

[fourdint]

Yea, just read compelling article "Massive Buying In SQQQ Indicates A Bear Market Bottom". Their definition of "bear market bottom" was a market top, the is "bear" being short or inverse which was interesting??? But I certainly understand what record buying in SQQQ implies about sentiment.

[fourdint]

Yea, just read compelling article "

[Agoura Guy]

BEAR MARKET RALLY LOOKS LIKE ITS ABOUT TO ROLL OVER!!!!!

[Agoura Guy]

S TRADED DOWN TO $38.56 TODAY... LOOK AT THE CHART, IT WILL SOON REVERSE.

[fourdint]

Another day, another play. Only question is what!

[TRAPPER JIM]

NICE TRADE.

[luckydude777]

In T this morning at $30.46. Out at $33 this late afternoon. Amazoooonnneeee and Apple was smiling down on T holders.

Was going to hold over into tomorrow but temptation won over.

[luckydude777]

Buying T here. I think this market is headed higher than it is lower today.

[luckydude777]

Whew!!! Nail biter, Jim. PPT came through!!!!!

Bought bunch of shares on 7/22 for $30.84 (Thought I could make a little profit on them later in the day but the market kept descending after I bought them).

Sold ALL shares on 7/27 for $31.165 at approximately 3:33 p.m. (Was prepared to have to hold them for awhile until the DAQ reversed upwards. NOW I DON'T HAVE TO WAIT. YIPPEEE!!)

Per your post ... I would have sold your shares just like you did FWIW. I was HOPING the PPT would run the markets up after Powell spoke, but all it was was HOPE. No confidence they would. How does one figure out what the PPT is going to do?

(But a month from now come next Powell announcement ... I won't FORGET what the PPT did after his announcement at 2 p.m.)

[TRAPPER JIM]

Dang it I should of held on longer. LOL

[TRAPPER JIM]

Just sold at $29.61 made $1.03 a share. I'm just going in and out with stuff these days.

[luckydude777]

You FIRM in holding your shares until after Powell announces this afternoon to see how the Nasdaq responds?

[TRAPPER JIM]

Thanks. So far so good. Knock on wood

[luckydude777]

You should do WELL!

[TRAPPER JIM]

Back in at $28.58 this morning

[TRAPPER JIM]

Yes sir

[luckydude777]

Expecting T to go down around $25 before a reversal starts. $25 would complete the chart.

Big boys loading up on Tech in this downturn. Until they are loaded, they don't WANT T going higher ... yet.

[luckydude777]

Yep - that's what I'm counting on. That's why I like T at this stage of the cycle. We're near bottom if not AT bottom of this downturn that started in early January.

[TRAPPER JIM]

It'll come back up

[luckydude777]

Looks like I get to hold into next week. Not selling at a loss.

[luckydude777]

Loaded to the brim with T shares under $30.90. Gulp ...

[luckydude777]

Just bought some T. Looking for them to jack the Nasdaq up a little again this afternoon before doom and gloom hits it next week. Will take any profit I can get.

By Tuesday evening, the 26th, "the Fed will most likely be raising the uninteresting rates on the 27th to at least 150 basis points, inflation is so bad!" IMO of course.

[luckydude777]

Bt @ $29.75 this morning. Just exited at $31.

Most likely exited a bit too soon but had to go run and errand.