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This one was red!
Today is looking like a good day for anyone short to get out and take this strategy on.
I have always been more consistent with my trading using this method. Every now and then I break my rule and go short and I’m nervous every time. It’s far to risky for my liking.
I guess we will see soon. My coin toss is saying up.
They cleaned things up that’s for sure. Now where we head next is the big question.
Seems like a lot of non trade/spy related noise around here today....
That’s extreme. Good luck!
Anyone gambling on an EOD drop?
That’s when I was thinking too.
I definitely see that’s coming, but predicting when sure is impossible!
This is going to drop like a rock when the stimulus passes.
It’s a perfect short play if your quick and careful.
I see posts saying loading sqqq and personally think man that’s nuts. You don’t slowly accumulate this one. You get in and get out as quick as possible!
It's an SQQQ bloodbath.
Crumbs are great on a bad trade! You can't win them all.
Not sure if NRGD has a bottom at this point...
We will see. I wouldn’t count on a rocket man experience in January and February, but I’m betting on a good December.
Regrouping for the next run up! Get ready! December will be epic.
I'm not all that confident this will drop much. I'm guessing this is just a speed bump to higher highs.
Next entry $8
Taking a beating today. Glad I’m not in right now!
I’m sure it will have its day, but I’m guessing we can buy back in at $15 before that day comes. That day will probably come mid February.
If we have another form of shutdown it would come sooner , but other than that the nasdaq is headed up.
SQQQ is looking like a losing battle
Nope I’m ok!
Waiting for an EOD drop.
Sold @ $13.10
Today is looking like a great day to take some profits!
Good day today!
This should make a run within a week imo
Short term it looks good. I don’t think there’s a leveraged etf out there that should be purchased as a long, so just run with it and sell when profits make you happy.
I always lose when I get to greedy!
Next stop is back in the $20’s very soon!
Seems like a great time to buy into this one.
Any predictions in tomorrow?
118,300 new cases yesterday. That’s also going to pose a problem in the hospitals really soon if those numbers don’t go down FAST.
I see some serious volatility in the future.
I wouldn’t either. I believe he is having a conference at 6:30 tonight. That will more than likely create quite a bit of uncertainty.
I thought about trying to flip it to get maybe in a dollar cheaper, but not sure I want to.
Thanks for the response. My gut says the same thing.
Are you going to hold this long?
I bet if this thing is going to turn, it won’t be until next week. Sure is a lot of upward momentum in the market right now.
So true.
All guessing, but the market probably sees China tensions going down and nothing crazy will pass the senate.
They will probably be to busy fighting over who won the election.
I can’t really say I thought this would Turn out the way it did today.