I'm a little confused because on Fri Dec 20 Matt said on the
blog that yesterday meaning Thursday the 19th was 7 days above the
3 SMA, That would mean Friday was the 8th day, yesterday the
9th day and today could potentially be the 10th day. Is that
a correct interpretation or was labeling Thursday Dec 19th the 7th
day incorrect?
Victor, that is what I count as well, today being day 10 (Dec 11
- Day 1, last Friday - Day 8....) . If draw down at this
level is very small should a person try a put option or a inverse
ETF with a fairly tight stop, or better to wait to see if we get 11
days and then look at that option?
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I'm a little confused because
Posted by victorh on 24th of Dec 2019 at 09:19 am
I'm a little confused because on Fri Dec 20 Matt said on the blog that yesterday meaning Thursday the 19th was 7 days above the 3 SMA, That would mean Friday was the 8th day, yesterday the 9th day and today could potentially be the 10th day. Is that a correct interpretation or was labeling Thursday Dec 19th the 7th day incorrect?
Victor, that is what I
Posted by blayden on 24th of Dec 2019 at 12:13 pm
Victor, that is what I count as well, today being day 10 (Dec 11 - Day 1, last Friday - Day 8....) . If draw down at this level is very small should a person try a put option or a inverse ETF with a fairly tight stop, or better to wait to see if we get 11 days and then look at that option?