InvestorsHub Logo

gdl

Followers 89
Posts 7485
Boards Moderated 6
Alias Born 12/18/2012

gdl

Re: gdl post# 11272

Tuesday, 04/07/2020 12:51:55 PM

Tuesday, April 07, 2020 12:51:55 PM

Post# of 34126
Using Rick Ackermans Momentum indicator there is a possibility that the DIA
has another 6 to 7% upside? 233 to 250?

That means the DOW has to lead the parade higher over next few days because the SP500 should stay under 5%.

Over analyzing? Perhaps.

He has 2880 on SP and 250 on DIA as targets. that suggests DIA move higher percentage wise.
======================================================================

I will be making unusual bets if we hit those targets. Will bet for a 20 percent drop in 3 week time after that number is hit. Using ETF and option play. the options will be out some 2 to 3 weeks so the premiums will be huge. Crazy bet but a 10 fold return plus is what i am after. using a small portion of my recent gains so it will not hurt as much if i am wrong.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.