sniper's Account Talk

[wavecoder]

Wall street doesn't care about government employees, they actually hate us so this government shutdown bogeyman wasn't gonna scare me out of my S position

 

[wavecoder]

click click boom!

 

[wavecoder]

Fear & Greed Index - Investor Sentiment - CNNMoney

fear & greed index getting close to the extreme greed level. when that happens i'll look to exit S

 

[wavecoder]

There's the pullback, now's my time to get back all in. Going 50S/50I

 

[wavecoder]

boom

 

[wavecoder]

Looks like I was a little early, that's ok. Good thing I didn't pull the trigger on TNA just yet, but I'll be looking for that soon.

 

[wavecoder]

Holding BIB & S fund for next month.

I think in the short term they will pull back (BIB especially), but my system follows more of an intermediate/long-term strategy & it's telling me to stay in.

 

[wavecoder]

Wow looks like that breakout level of 94.5 might be tested sooner than I expected

If that level fails then next resistance is around the 50-day, could be a good entry point

 

[RealMoneyIssues]

View attachment 27374

Wow looks like that breakout level of 94.5 might be tested sooner than I expected

If that level fails then next resistance is around the 50-day, could be a good entry point

And that is a chart of...

 

[wavecoder]

And that is a chart of...

BIB, just realized i cut the ticker off lol

 

[wavecoder]

BIB stopped out at +30%, was fun while it lasted haha.

 

[MrJohnRoss]

BIB stopped out at +30%, was fun while it lasted haha.

Good trade, sir. Well done. Let's catch the next wave up, shall we? God, this is fun.

 

[wavecoder]

Good trade, sir. Well done. Let's catch the next wave up, shall we? God, this is fun.

Thanks haha, tbh i was hoping it wouldn't drop low enough to get triggered, but i'll take a 30% trade anytime

 

[Kaufmanrider]

BIB stopped out at +30%, was fun while it lasted haha.

Good for you. I almost sold the other day when it crossed above 105. I have my stop loss at 93.80, if it goes that low I'll get out with a nice but smaller profit.

I am also holding IYT-Transportation Index.

 

[wavecoder]

Good for you. I almost sold the other day when it crossed above 105. I have my stop loss at 93.80, if it goes that low I'll get out with a nice but smaller profit.

I am also holding IYT-Transportation Index.

Jumped back into BIB about 2.2% less than where I sold it. Good luck in the upcoming week



The highlighted area was one of the levels I was keeping an eye on. If it could hold that breakout level (around 94.5) the uptrend is looking good to continue on upward.

 

[Kaufmanrider]

What amazed me was there was no news or any other event that drove the recent sell-off. I imagine someone with a large investment sold and others simply panicked and jumped ship. Time for a rebound.

 

[wavecoder]

What amazed me was there was no news or any other event that drove the recent sell-off. I imagine someone with a large investment sold and others simply panicked and jumped ship. Time for a rebound.

profit taking, panic selling in response, triggered sell stops drove the prices is my guess. i'm with ya on that rebound talk

 

[jpcavin]

Yeah, like where have you been, Dude?

 

[wavecoder]

Yeah, like where have you been, Dude?

Around, nothing really made me change my position on holding S fund until a couple days ago, I made an IFT into C

Taking a more hands-off approach to trading / investing I guess also made me visit these sites less

 

[wavecoder]

Nothing new, other than finding out I got promoted to GS11, woop woop :nuts:

Still on C fund and holding BIB, it's been a crazy ride but profitable so far