if any of you bought some inverse ETF yesterday (I see that one
of you shorted ES), I bought SPXU actually after hrs when I was
doing the newsletter), decide if you wish to lock in some gains.
Again the main trend is up so shorts should be considered as
trades (now major swings) or hedges against existing longs vs
trying to swing time a major top which I don't see yet
if any of you bought
Market comments
Posted by matt on 9th of Jun 2020 at 09:58 am
if any of you bought some inverse ETF yesterday (I see that one of you shorted ES), I bought SPXU actually after hrs when I was doing the newsletter), decide if you wish to lock in some gains.
Again the main trend is up so shorts should be considered as trades (now major swings) or hedges against existing longs vs trying to swing time a major top which I don't see yet
I noted you suggested yesterday
Posted by retirefire on 9th of Jun 2020 at 10:19 am
I noted you suggested yesterday VIX action may portend a single day drop in markets. TY
Could extend into tomorrow. Perhaps
Posted by timebandit on 9th of Jun 2020 at 11:50 am
Could extend into tomorrow. Perhaps a gap down to punish BTFD behavior and get bears excited. Still expect return to bullish move soon...
Congrats!
Posted by amp43679 on 9th of Jun 2020 at 10:50 am
Congrats!