Grinding
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Agreed. Wish I had access to pre/post market hours in my 401k brokerage account. :/ Only in my personal account do I.
Going to be interesting today. Give me a better picture for sure.
Yeah it's incoming for sure. Gonna hop back on if I can get low enough this AM. Was too scared to hold overnight, so took a few hundred profit yesterday.
When it comes to Dwti, I'm a scared man. No balls to hold overnight. Flipped for 2.11 profit a share. Last post until later tonight.
Yeah Im looking to add to my core in UWTI, and turned to the darkside while I wait. In at 71.47.
Tight stop, We'll see.
Set that stop loss :P
I would sell with the hedgies.
In the words of RB "No lifeguard on duty"
4 digits uwti all morning. shorting every chance they get, got darn.
Robo's keeping it real.
I'm looking for 1728 shares at 2.97 (april 8th-9th / 15th-16th. the 2.92 gap- i'm not gonna miss the buy over a few cents)
The 2.76 gap (april 13/14) I don't see getting covered unless we break down below. But it could happen. Probably will. But I don't want to jynx it.
Time will tell. My buy could change lower. I see 2.92 gap getting covered. fully covered? maybe not. it tends to miss by a cent or two occasionally.
It depends how long term I'm looking. I'm constantly switching between the minute, half hour, hourly, daily. get a better idea of the overall story. Don't want to be narrow sighted by one angle.
I believe 55 was the key level to break. if it holds, and after the bar covers, its pretty clear sailing up to 60.
Yeah for sure. Huge milestone. And shitty on the jury duty man. I enjoy the analogy to it being a resistance level haha.
If that breaks, the trend line is the next in line to hold. Depending on how soon it goes under 54(if it does), we still have a little cushion at least (53.00 even on the 20th for the trend line.) I know you're long, and you know I'm long, but if this thing flips upside, i'm out, preparing for the triple bottom reversal. But I don't see that.
Yeah for sure. You too. I'll always try to help when I can. If something comes up blatantly, I'll let you know. Can you trade pre market and after hours?
Those 4 digit pre market orders though. :P
09:07 $ 3.2999 1,050
09:07 $ 3.2999 900
09:08 $ 3.2999 100
Charts don't tell the future. Not in the sense where I can just give you a number like that. And my suggested entry point is gone. I could not give you a safe entry point right now, and no more freebies. (also, right now I'm concerned about an exit point before re-entry if I was shorting) Was just trying to convince this guy who's so against charts, that they do work, when you use use them right.
The best advice I can give, is there's that naked bar we have to fill. So look around there for re entry. If the 50 HMA breaks hard, especially below the 100, then look for a huge break above eventually to get back in. That method won't give you a bottom, just a suggested safer entry. I tend to be more risky.
Don't try to catch a falling knife, and don't jump on a ship too late.
If you're going long, this is going to 8-12, so do the pennies matter to you? If not, can you stomach the dips?
No lifeguard on duty. (I steal this saying from you RB everytime)
Remember class (Dennis)
Charts work, unlike you claim.. Remember the one time free entry point I gave you? When UWTI was at 2.65 last week? Based on the chart that this message is replying to? Oh no. Charts gave me an ENTRY point. They didn't tell me the future. But they sure gave me an ENTRY point.
Also, please refer to post 7105. heres a link for reference. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=112527334
As a refresher course dennis. So you can learn how I used charts to determine that entry point.
Damn, the charts sure aren't working are they?
After refreshing a bit, here's an updated chart for you.
Dem some balls considering your circumstances.
Good luck. Sounds identical to myself.
2.80 would seem more logical to me. But this is oil. We'll see. I'm just going by the higher lows, and the gaps needing to be covered. Can't affect the price of an etn posting on boards, so just being real.
Where are you seeing 2.60?
I shorted this enough until the double bottom. Did a couple shorts after and that's it. Too close to summertime for me, especially in my 401k account, as it's a cash account, and not going to risk missing the ride up.
Since Summer drive time won't be an issue or anything. Look at 08-09. Oil Peaked up after the fall really fast from May-Sept. Same in the other oil declines (Essentially every 7 years you can look back. It's a pretty consistent pattern.
UWTI will hit 8, with WTI between 70-80. There's a gap to fill, it will get filled. Bottom line.
To put it simply, you're wrong. Save this post for future reference.
"Like many levered funds, it delivers 3x exposure only for 1 day. Over longer periods, returns can vary significantly from 3x exposure to its underlying index."
Like what happened to DWTI, if this rises fast enough, which it will, it will hit 8 come September. As the gains will be compounded and not simply 3X. So WTI could go up 34 % essentially, to see this hit $8. (144% higher)
Decay won't matter when this hits 8 dollars and you bought sub 2.
I could care less.
Those 4 digits though.
That's what I was hoping you would say haaha
Pre market looking more delicious?
UWTI = 100 % June contracts as of today. Was 80% yesterday.
Exactly this.
Yeah I hope so, Was just pointing out the random spike, but it was unwarranted and didn't last. Don't think your stop got hit. You gonna sell today? or sell after hours / tomorrow morning? Could be a risky hold. Could be a good hold. haha. That's why I haven't been f$%king with dwti.
That stop might get hit.
Well they have to squeeze them in, with all things considering. Milk this baby as long they can.
that's a good buy!
Haha Yeah I remember. I figured you were out, especially since you were holding none over the weekend. but still figured you were keeping up.
Fun week this week. Been a fun week for a few weeks now honestly.
Check DWTI. 4 digits all around. (I'm sure you do since you're constantly playing both)