MrJohnRoss
Well-known member
Me too. Glad we wised up.
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MrJohnRoss' Account Talk
- Thread starter MrJohnRoss
- Start date
Me too. Glad we wised up.
konakathy
Well-known member
Hey,good lookin' !
Liberal or Conservative ......
guess where i got this picture from
RealMoneyIssues
Well-known member
Then I guess we have 4 more years of economic woes...
RealMoneyIssues
Well-known member
Guess my clarity moment came in 2004 when Al Gore created this thing called the Hi-Speed Internet Connection
Excuse me, but there is a lot about that and other situations where you will NOT get the truth from the Internet. Take it from one who has access...
I think you would be very surprised
Edit: Though, thanks for the clarification of your political history, I have been curious for awhile.
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MrJohnRoss
Well-known member
Very surprised (but happy) to see the market continue it's advance today. I thought that we would see a pullback after last Friday's ~250 point gain. This is a good sign for continued strength in the market. Market internals may still be weak, so don't fall asleep at the switch.
Looking for TNA to go above 55 (or higher) before I hit the sell button. Currently at 53.16, so we're not far off. I'll then switch to TZA to enjoy the down cycle.
Good luck!
Looking for TNA to go above 55 (or higher) before I hit the sell button. Currently at 53.16, so we're not far off. I'll then switch to TZA to enjoy the down cycle.
Good luck!
MaStA
Member
TNA almost hit 55 today...maybe it will in the last couple of hours. I moved to G fund today in my TSP for a quick break...
RealMoneyIssues
Well-known member
MaStA
Member
Good timing, as usual
Well unfortunately I don't own any TNA. I also don't own any TZA since I didn't feel comfortable with the move J's system gave due to the recent news driven market so I stayed in cash on my individual account. I made a little bit on my TSP this month and would prefer not to lose it...so we will see how tomorrow plays out.
MrJohnRoss
Well-known member
Still holding my TNA, as I'm testing out a new trading system. I'll be looking for TNA to go above 55.26 before I sell. (That number changes daily).
I may create a spreadsheet summary of my trades for you guys, so you can see how I do. Hopefully I won't embarrass myself too badly.
RMI, since you're an expert on this, what's the best way to copy/paste an Excel spreadsheet into my stream? Thanks!
:laugh:
I may create a spreadsheet summary of my trades for you guys, so you can see how I do. Hopefully I won't embarrass myself too badly.
RMI, since you're an expert on this, what's the best way to copy/paste an Excel spreadsheet into my stream? Thanks!
:laugh:
RealMoneyIssues
Well-known member
Select the Go Advanced button to bring up the full page message editor
Switch to WYSIWYG Mode (very important)
Go to Excel, select your cells, and select copy (CTRL-C)
Switch to browser, put cursor in your location for the table, and paste (CTRL-V)
Should be it... I hope
MrJohnRoss
Well-known member
Select the Go Advanced button to bring up the full page message editor
Switch to WYSIWYG Mode (very important)
Go to Excel, select your cells, and select copy (CTRL-C)
Switch to browser, put cursor in your location for the table, and paste (CTRL-V)
Should be it... I hope
You are the best! I'm gonna copy these instructions, so I don't have to ask you over and over again. Thank you RMI.
Can I do Excel charts the same way?
RealMoneyIssues
Well-known member
You are the best! I'm gonna copy these instructions, so I don't have to ask you over and over again. Thank you RMI.
Can I do Excel charts the same way?
Dunno
MrJohnRoss
Well-known member
The target price for TNA dropped to 55.16 at the close. We actually tagged the line, and went slightly above it (High was 55.19). Tomorrow could be a reversal day, and could cause a sell signal for TNA and a buy signal for TZA.
Would love to see another nice up day tomorrow. Unfortunately, hoping and wishing won't make you any money.
According to Tom's SentimenTrader chart, seasonality says tomorrow should be a down day, with % of time positive less than 45%.
By the way, I think I want to be in stocks on the very last day of the month. If you don't know why, look at Tom's seasonality chart!
Good luck everyone!
Would love to see another nice up day tomorrow. Unfortunately, hoping and wishing won't make you any money.
According to Tom's SentimenTrader chart, seasonality says tomorrow should be a down day, with % of time positive less than 45%.
By the way, I think I want to be in stocks on the very last day of the month. If you don't know why, look at Tom's seasonality chart!
Good luck everyone!
Is there a specific reason you use the TNA and TZA ETFs? I'm new to the ETF game and there are seemingly thousands of options. Do you play the 3x small caps simply because it has higher volatility and is more of a short term play? How did you decide on Direxion? Thanks for any advice!!
MrJohnRoss
Well-known member
Volatility is one of the main reasons I use these two, but also because my current model is based on these two ETF's. The amount of money you can make (or lose) can be breath-taking. Not for the faint of heart, so be careful.
I've also used TQQQ and SQQQ, (3x Nasdaq) or you could also use UPRO and SPXU (3x S&P500).
Good luck!
I agree. I've been watching some leveraged ETFs for a few weeks now and flat-line days like yesterday certainly aren't the norm.
MrJohnRoss
Well-known member
As of noon Pacific, TNA is at 54.48. Although I could sell right now for a 9.8% profit, my model says wait until at least 55.48.
The old adage, "Bulls make money, pigs get slaughtered" comes to mind, so I am mindful of taking the sure money before it vanishes. However, this market still has the appearance of wanting to climb higher, so I'm gonna hang on to this wild bull a little longer.
Heh. Gulp. :blink:
The old adage, "Bulls make money, pigs get slaughtered" comes to mind, so I am mindful of taking the sure money before it vanishes. However, this market still has the appearance of wanting to climb higher, so I'm gonna hang on to this wild bull a little longer.
Heh. Gulp. :blink:
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