pthomas215
1,251 posts
msg #142531
- Ignore pthomas215 |
3/1/2018 11:32:46 AM
hang in there Greg. we've all been there. I do think Kevin said something that has stuck with me. Just take the profit when you have it, as you can always get in again. I vehemently disagreed with kevin's system but did get that tidbit from him.
VRX is looking like a great short...@ 15.50 or so...
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gmg733
788 posts
msg #142532
- Ignore gmg733 |
3/1/2018 12:23:54 PM
oh I'm fine. Just being greedy. :)
Wife had ACL replacement so I've been pre-occupied with family. As soon as /PA gives me a green bar, I'll short it. It has been in a bull trend for 2 years and I made a lot of $$$ of that trend. The tide is changing and there is plenty time to short it.
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pthomas215
1,251 posts
msg #142533
- Ignore pthomas215 |
3/1/2018 1:35:47 PM
Greg, oh geez i know. i read your posts. you are a great trader.
this day is starting to look like it could resemble my credit report from 2008.
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johnpaulca
12,036 posts
msg #142535
- Ignore johnpaulca |
3/1/2018 1:44:54 PM
I knew the VIX would bounce but after Friday's rally was having seconds thoughts. In a previous post I mentioned shorting SPY on a break below 2685, well we're here now...2650 you'll find support from BB125
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miketranz
956 posts
msg #142536
- Ignore miketranz |
3/1/2018 1:57:51 PM
Jp what do you know about this selloff? Are they blowing up another fund or is it just Buffett selling?
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pthomas215
1,251 posts
msg #142537
- Ignore pthomas215 |
3/1/2018 2:47:47 PM
Trump...tariffs on steel..that is what you will read in the news. technically we have been heading that way for a bit imo.
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gmg733
788 posts
msg #142538
- Ignore gmg733 |
3/1/2018 3:08:44 PM
Buffett isn't buying that was in his report this week.
Tastytrade had an interested piece on Buffett ad hoc. Twice in his life he has had a 50% drawn down. 2000 and 2008 Normal traders could never weather that storm.
Since 2008 he has under performed the benchmarks. There was a great article on ZH recently on Warren too. I have nothing against him. Just some interesting facts.
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gmg733
788 posts
msg #142539
- Ignore gmg733 |
3/1/2018 3:40:38 PM
If /GC runs its gonna run. Might make for a long term hold.
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johnpaulca
12,036 posts
msg #142540
- Ignore johnpaulca |
3/1/2018 3:44:04 PM
The selloff is probably nothing but a normal correction in a bull market, increased interest rate(x4), bad housing numbers released today will be tagged with today's meltdown. Market is still fricking expensive.
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johnpaulca
12,036 posts
msg #142541
- Ignore johnpaulca |
3/1/2018 3:47:39 PM
/GC....looking for a pop tomorrow, it's still sitting on mid BB40 daily
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