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Show-me Account Talk
- Thread starter Show-me
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Gumby
Active member
Sold my UYG at $6.75
Bought at $3.67 and $5.68
About made up my paper loss on SDS. Still holding SDS and thinking about buying more. Today might be the day.:nuts:
JTH
Well-known member
robo
Well-known member
The plan is to sell and buy it back cheaper later this week Big Bull.
I'm getting ready to sell my TNA in a few also - it's up around 15% today, but I'm going to see of the Bulls can squeeze the Bears some more into the close... 20% would be much nicer!
Show-me
Well-known member
Going to play a little oil today. I got suckered out of the market with the jobs report.
DXO is a PowerShare double long crude oil, I put in a small premarket order at 2.80 which is about a 50% retracement of yesterdays run, $40 a barrel oil seems like a dream. Who would have thought it would retrace this much. T. Boone ain't on the TV like he use to be when he was the flavor of the month.:nuts:
DXO is a PowerShare double long crude oil, I put in a small premarket order at 2.80 which is about a 50% retracement of yesterdays run, $40 a barrel oil seems like a dream. Who would have thought it would retrace this much. T. Boone ain't on the TV like he use to be when he was the flavor of the month.:nuts:
Show-me
Well-known member
No volume premarket to speak off. UYG is barley 500k on volume.
FogSailing
Well-known member
Now that's what I call bearish news Show-Me. Everyone is expecting a pullback, but how much and when. Where the tube spinsters start to refocus us on a rotten future, makes me wonder if I shouldn't change my strategy on the present. Lots of people jumping in now...what to do...stay or get out. Good Luck and Happy Holidays..
FS
FS
Corepuncher
Well-known member
One of the reasons I wanted out was because I knew that Merideth Whitney was going to be on CNBC!
Show-me
Well-known member
Second inside day in a row.
Inside Day
A candlestick formation that occurs when the entire daily price range for a given security falls within the price range of the previous day. This term often refers to all versions of the harami pattern and can be very useful for spotting changes in the direction of a trend.
An inside day is often used to signal indecision because neither the bulls nor the bears are able to send the price beyond the range of the previous day. If an inside day is found at the end of a prolonged downtrend and is located near a level of support, it can be used to signal a bullish shift in trend. Conversely, an inside day found near the end of a prolonged uptrend may suggest that the rally is getting exhausted and is likely to reverse.
Inside Day
Show-me
Well-known member
See the two inside days in a row here. http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=2&dy=0&id=p17589562215
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