ProShares UltraPro Short QQQ ETF (SQQQ)

[Spuds McKenz66]

ya nice call Niko, SQQQ Zip Trader selling everything lol

[luckydude777]

I exited PARA at $14.30 earlier. Didn't see your post but our thinking is/was very much the same.

I'm staying away from SQQQ because I don't have the wisdom (GUTS?!!!) to mess with it much these days. I'm sticking mostly with TQQQ ... waiting for decent drops then taking sure profits: rinse and repeat.

Persuaded Yellen and crew has been told by Biden's cronies NOT to get 401K'ers all up in a fearful dither (as much as possible, anyway) the months leading up to the election. Hence I believe the PPT is more on my side up until election than betting short on the Indexes.

Now should the Trumpster get elected, I could see going into 2025 as the year to be playing SQQQ a great deal.

(By the way -- you the gentleman who lives in Hawaii?)

[Nikodemos]

I claimed S3Q's would likely test $10's again & today it has... (albeit BARELY at $10.99 -- so far -- EXPECTING another re-test) & I wrote that PARA would NOT go much above $14 because that's where the Enterprise Value kinda tops out & the SONY buyout offer (as you may have noted) came in at the same valuation as mine ~$26B (was trading at $22B) so there was a min 20-40% to be made there (depending upon when you bought).


GL



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[Spuds McKenz66]

my avg. 12.04 down about 5k , what was the low? 11.05 SQQQ oh 10.99 ya dipped below 11 lol crazy

[MadBrewer]

What???,...my plays are more half buck swings just to pretend.

Cheers

[Spuds McKenz66]

11.14 back to 11.21 SQQQ man I got a hill to climb

[MadBrewer]

I can see that,....out on both,..just gonna see

Cheers

[Spuds McKenz66]

actually may get a surge of buyers at the bell , so could dip below 11 SQQQ

[Spuds McKenz66]

ya Dems screwing over their own people , Brussels the poster child country 70% immigrants , crazy these nut jobs are stabbing 70 year old women in the streets, young blonde lady from Hungary was explaining at CPAC, crime is sky rocketing SQQQ

[Spuds McKenz66]

think bottoms in 11.20 SQQQ

[MadBrewer]

11.20 not yet,...

Cheers

[trunkmonk]

buybacks for companies is one of the next steps in the process, mixed with layoffs. soon very soon.

[MadBrewer]

Was a earning call for AH. Looking for a buy back in S.

Cheers

[WolfOfGrnStreet]

Apple has sucked since Steve Jobs died

[Spuds McKenz66]

cool , got in way to early with SQQQ a kick in the nuts , may have to bite the bullet tomorrow

[MadBrewer]

"Some analysts anticipate Apple will reveal a major buyback program to offset potentially disappointing earnings",..
https://www.zerohedge.com/markets/markets-chop-wall-street-awaits-apple-earnings-after-bell-nfp-friday-market-direction

11.71
-0.51 (-4.17%)

Cheers

[luckydude777]

Snapped up a bunch of PARA at $13.79. Looks much better than the 3xQQQ's to me.

[Spuds McKenz66]

grabbed sqqq @ 12.04 trying to sell @ 12.18

[Spuds McKenz66]

I keep bailing to quick , dam made 2k on xpev yesterday up 50 cent this am , poof 5k out the window, making all the right calls though. all right boyz SQQQ is toast for now, oil and gold and green new crap

[Spuds McKenz66]

oh ya I think so, went heavy with oil today for a smack down , should bag a few k , watch NIO insane headed toward 7 bones , easy 50k bill for some SQQQ will ease a little , peace

[luckydude777]

95% chance NOW of the FED pumping up the T chart. 401K vote.

[luckydude777]

I'm leaning 51% to the good that the PPT and their bedpartner hedge funds will pump UP the Nasdaq rather than let it fall from here where it SHOULD be headed. We'll see ...

[Spuds McKenz66]

ya I know the markets are indicating they will tank, do the opposite on one hand , I went full oil, BIR>TO on the TSX 20k shares for a 15 cent gain , yielding a potential 3k SQQQ

[trunkmonk]

its up now, but Fed dead ahead at 2pm est, then what? that guy knows nothing, he just makes moves without either knowing or regard for what he does. I know one thing, it will be a political move, Democrats are a form of tyranny, that we all know. whomever does not agree is one of them. and should be sent to an island, escape from ________?

[Spuds McKenz66]

screwed up only made 3k today should of made 6k , oh well early lets do this SQQQ

[Spuds McKenz66]

making bread, went all in with XPEV sqqq

[Spuds McKenz66]

lol loaded the boat with NIO sqqq

[Spuds McKenz66]

we get a false bounce , dam screwed up a bit should of held for my forecast 12.09 would have nailed it, still made doe SQQQ

[trunkmonk]

what happens tomorrow with da fed ahead? 50/50 chance with that clown

[Spuds McKenz66]

Ok we level out and find worth, when fed powell douche goes a nothing burger they will think , oh happy fields of blueberries lol we pounce and snaggle puss a boat load of money SQQQ

[Spuds McKenz66]

made 270 bones out, all coin , lets keep in touch SQQQ

[Spuds McKenz66]

small crash , fed wont do crap SQQQ

[Spuds McKenz66]

I bought 4 new chainsaw blades , 100 cash , to cry out Timber on the markets while I make huge money on lumber ,bought a Norwood sawmill , 16k SQQQ

[Spuds McKenz66]

Holy crap Buy hurry SQQQ

[Spuds McKenz66]

buy buy buy SQQQ

[Spuds McKenz66]

Putin took over another village SQQQ

[Spuds McKenz66]

forgot to mention the war is escalating between Russia and Ukraine , I'm going to hold out SQQQ

[Spuds McKenz66]

I agree with u 110% , I will take a hit 2k under water right now, watching SQQQ

[Nikodemos]

Yeah, that's why I stepped out with a SCALP on Friday. Still got it in good, & got out with a tiny profit but ,,, When UNCERTAINTY increases in something that is UPSIDE DOWN (I believe, not saying I'm right but this EFT should be doing BETTER) then there's something I feel that is missing/incomplete in my thinking...

Maybe it is the impending election: Any other year, with inflationary pressures, etc., & I don't see the Market acting like it is currently...

This EFT should be doing better - instead of POTENTIALLY testing multi-year lows..

Just my $0.02


GL with your position here...
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[Spuds McKenz66]

let it be , merry men SQQQ

[Spuds McKenz66]

watching this play out, they are screwed, I'm thinking ustech100 drops 200 SQQQ goes 12.10

[Spuds McKenz66]

may take a loss here not sure , will see SQQQ

[luckydude777]

The SMART thieves become Market Makers and Politicians. The not-so-smart ones grow up selling drugs to our grandchildren.

[Spuds McKenz66]

Illegals/thieves stealing from retail stores and selling right out front , police come around arrest a couple of people and leave, the thieves set right back up like nothing happened, in NEW YORK democrat run cities SQQQ

[Spuds McKenz66]

Banks bailing on commercial real-estate, fire sales big time SQQQ

[Spuds McKenz66]

Republic Bank closed down last night , Fulton Bank is taking over about 6 billion in assets 4 billion in deposits. SQQQ

[Spuds McKenz66]

fed will probably hold the rate , so I'll close out on SQQQ

[MadBrewer]

Closed out on T @ 55.30-ish,...enough for TWIC card,.&
a forgotten OSCA 8hr safety class that expired= -$150+ 103

So,...not gonna complain, those two ate my cake yet,
paid for said cake.

Cheers

[Spuds McKenz66]

my best week is 116k I guess ok worst week lost 58k SQQQ is setting up for a gain Moonday

[Spuds McKenz66]

ok Cool chat latter SQQQ