Thursday, February 24, 2022 8:42:28 AM
I talked a couple of days ago about pricing again touching 2nd support. Well going into the pm yday we crashed through it. I took the opportunity to sell another 20% of my holdings, so I am now only invested 20%.
Besides crashing 2nd support, we also matched the LOY. M65 is still above zero, but that will change this morning to MD. We will also open right at 3 rd support.
My biggest fear is that I see a 4-5% up day in the future if something to were break good with Russia.
But for now we will be opening about 14% down from the top. But this is nothing looking at some others:
These will turn into stunning opportunities
In my smaller agressive account, I went 100% short also yday.
Besides crashing 2nd support, we also matched the LOY. M65 is still above zero, but that will change this morning to MD. We will also open right at 3 rd support.
My biggest fear is that I see a 4-5% up day in the future if something to were break good with Russia.
But for now we will be opening about 14% down from the top. But this is nothing looking at some others:
QQQ -21.1%
ARKK -63.9%
SQ -71.5%
IWM -77.2%
ROKU -77.5%
These will turn into stunning opportunities
In my smaller agressive account, I went 100% short also yday.
Trade the Charts and not the Heart - Expect the trend to
continue until it doesn't - Realtime is the real deal
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