who's we? 99% of ideas here have been long and we've put out
some hedging ideas from time to time (TZA worked just fine
recently) as IWM fell to it's 20 MA. Otherwise focus here is on
playing the trend and finding actionable trade setups, not shorting
bull markets just because. Also it's made very clear here when
short term MA's 9, 20 50 have a strong up slope that shorts are to
be taken off quickly after a move. You don't get your big sell off
tops unless those MA slopes have flattened out then you can give
them more room. But when you catch a nice short when the MA's are
strongly sloping higher be liberal at taking profits on a 1 or 2
day pullback
i know all about that my point is it is a bubble . i was in the
last trades and sold them as i posted was also building postions in
gdxj and 10 other gol stks i sold out that day aand locke in 27k.
so now i am waiting for you short call.
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who's we? 99% of ideas
if this aint a bubble i hav no clue is
Posted by matt on 6th of Jan 2021 at 11:45 am
who's we? 99% of ideas here have been long and we've put out some hedging ideas from time to time (TZA worked just fine recently) as IWM fell to it's 20 MA. Otherwise focus here is on playing the trend and finding actionable trade setups, not shorting bull markets just because. Also it's made very clear here when short term MA's 9, 20 50 have a strong up slope that shorts are to be taken off quickly after a move. You don't get your big sell off tops unless those MA slopes have flattened out then you can give them more room. But when you catch a nice short when the MA's are strongly sloping higher be liberal at taking profits on a 1 or 2 day pullback
i know all about that
Posted by RP on 6th of Jan 2021 at 12:56 pm
i know all about that my point is it is a bubble . i was in the last trades and sold them as i posted was also building postions in gdxj and 10 other gol stks i sold out that day aand locke in 27k. so now i am waiting for you short call.