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Matt called X a while back.  It's been a great call on his part. I got too cute with the price on my entry order and missed it.  That said, I looked at the fundamentals and was not super impressed...so not chasing.  

GLD and GDX fans migrating

gold and miners no love.  

Posted by jtsurfah on 30th of Mar 2021 at 02:09 pm

GLD and GDX fans migrating to Crypto & Crytpo miners? True story in my case, but otherwise just anecdotal observation

ETHE (Grayscale Ethereum) is on fire. I guess Visa announced something about completing a transaction on the ETH blockchain and rolling it out to customers soon. I trade crypto directly and the charts are a little different...ETH seems to be approaching the top end of a large coil now. ETHE also has a coil type look but it's still in the smaller version of the coil that ETH broke out of earlier this morning. 

VZ -  typically a boring

Posted by jtsurfah on 24th of Mar 2021 at 12:45 pm

VZ -  typically a boring name, but chart looks ready to pop.  4.4% yield.

Dollar up strongly despite all

Market comments

Posted by jtsurfah on 23rd of Mar 2021 at 02:08 pm

Dollar up strongly despite all indications that Yellen & Powell are willing to continue to dilute it's value / increase the supply are a record setting clip. The said, I've lost faith in trying to use the DXY or UUP to track devaluation since they are more comparisons of one fiat currency against other fiat currencies - almost all of which are engaging in the same practices.  It's interesting to see Yellen in a role where it's appropriate that she is partisan. Can look back now and realize that some people's fears about her policies back in her Fed days were not completely unfounded. 

NFT's for art seem way overblown, but I'm all in for anything that disrupts the anti competitive practices in the American real estate industry and reduces the exorbitant fees & commissions they are able to charge as a result of those practices.  Smart contracts on blockchains (NFT's) seem like they hold promise in this area. 

Moderated is cool. I've been a member off an on via multiple user names for probably 15 years now...something like that anyway. I don't have to post and don't often want to - just wondering if I'm just too  stupid to figure out how to do it! Saved the crazy posts and testing for the weekend :)

Sorry, I  think the link might work, but it didn't post directly

Hard to post with this

Posted by jtsurfah on 3rd of Mar 2021 at 01:49 am

Hard to post with this  UI.  Testing but also wondering if anyone has ideas about BTC from current position?


https://drive.google.com/file/d/1ha6zphbFPQJXs0Fn7i6TxqFXdg3qOnBQ/view?usp=sharing

GBTC discount almost cut in

Posted by jtsurfah on 26th of Feb 2021 at 12:25 pm

GBTC discount almost cut in half already today. Seemed like an easy trade so I took it. Just wish I could have have figured out how to put on a pairs trade to really arbitrage it.  Trade would have been too big for my blood using futures. 

Does GBTC represent the "smart

Posted by jtsurfah on 26th of Feb 2021 at 11:36 am

Does GBTC represent the "smart money?"   Overlay GBTC on BTCUSD and look how predictive it's been recently (I'm just using a daily timeframe). It seems to have climbed during the last correction and led this correction by a significant margin. Might be worth following more closely.

Zoom - I think the

Posted by jtsurfah on 24th of Feb 2021 at 12:31 pm

Zoom - I think the shorter time frame /es charts are stuck. Audio still working, which is super helpful. 

9 on QQQ 120 minute

Posted by jtsurfah on 23rd of Feb 2021 at 01:02 pm

9 on QQQ 120 minute chart (Zoom). Can someone explain the 9 thing to me or point me in a direction to read about it? 

Onboard with your primary thesis, but the slope of the trend back then was significantly steeper...until just recently, right? Also, a lot more companies in the index have real/actual earnings compared to back then. 

Knock on wood. Haha, maybe a bad idea to post that with 20 minutes left! 

I've gotten in the habit of day trading the initial reversion to mean email/call if the market looks bouncy then closing out for a gain at the close or in the after market when the systems don't actually trigger.  I can't remember a time when it didn't work. I did a massive trade on the potential RTM call today because I got stopped out of all S&P by about 10 cents earlier in the day....I was obviously set too tight. I'm not going to close that out - just gave it some more room with new stops.

Zoom down today?

Posted by jtsurfah on 29th of Jan 2021 at 12:08 pm

Zoom down today?

GME - craziest single day

Posted by jtsurfah on 28th of Jan 2021 at 12:16 pm

GME - craziest single day candle ever? 

So not a lot of

SPX 120 min update

Posted by jtsurfah on 27th of Jan 2021 at 05:02 pm

So not a lot of room between daily DVT and MAJOR support. Maybe better to give it some room down to that level? I know...trade your plan :) Just wondering how you might approach it with the two being relatively close to each other. 

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