sandjco 648 posts msg #141579 - Ignore sandjco |
1/31/2018 12:23:58 AM
Strangely??? there doesn't seem to be any volume on this drop...
AMZN reversed during a down day...so I went back in...using EOD of $1437.82

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sandjco 648 posts msg #141791 - Ignore sandjco |
2/2/2018 7:35:56 PM
What a gong show! AAPL and GOOG disappointed. AMZN and NFLX both beat. XIV continues downwards! Pick up another batch at $115.55 using EOD.
Now have 1/5 of the tranche filled with $123.46 ACB.
If XIV continues to fall...$103 is EMA200. Thank goodness for dry powder! Maybe dabble with VXX puts
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sandjco 648 posts msg #141892 - Ignore sandjco |
2/5/2018 4:42:32 PM
Holy smoly....crappola
sitting on EMA 200 support on daily; also sitting on EMA50 support on weekly
Bought VXX Mar 40P @$3.70
Added XIV $97 using EOD
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sandjco 648 posts msg #141896 - Ignore sandjco |
2/5/2018 5:46:48 PM
Holy crap..showing $20.10 AH!
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sandjco 648 posts msg #141926 - Ignore sandjco modified |
2/6/2018 12:41:10 AM
What a flipping gong show! RSI(2) didn't work; knife thru butter.
In hindsight:
- XIV wasn't really a "basket"...so, it shouldn't have been treated as one (my bad; rookie error)
- the 2/3/5 progression saved my behind; still painful but have powder. The 1st 2% was due to a wrong trigger. The second tranche was being too trigger happy to make up for the 1st and the last 5% was not a bad entry....just didn't expect the carnage.
- didn't follow my guts...
The question now becomes....do I buy or wait it out till the dust settles?
Guess I'll have to do my shopping list....
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davesaint86 726 posts msg #141927 - Ignore davesaint86 |
2/6/2018 6:46:20 AM
Wondering the same thing to get out and stay out until stabilization
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sandjco 648 posts msg #141932 - Ignore sandjco modified |
2/6/2018 8:39:03 AM
Morning Dave!
Take this with a grain of salt...from what I've seen in the past 30 years of "crashes", stocks always bounces back. Time and patience are, of course, will test our mettle.
I intend to put stinker bids on stocks that I like.
With XIV, I will do the same...however, with the expectation that it will not bounce back right away and it may go lower. Unless I am mistaken, XIV hasn't had this much of a single month carnage since 2010. Aug 2017 was the closest (maybe Aug 2015?). Unless I am blind....there hasn't been any triggers worldwide. only a "stop loss" would have bailed me here (which foolishly I did not do...too drunk over easy profits).
I also wanna give credit to you and Mac and shills. Your DMA script was a good confirmation of my gut...till my mind played games and was impatient. Mac's guppy chart was clear as a mud. Shills was shills...
Good play on DGAZ. I used UNG puts...which was slower than molasses to move. ;=P
My errors were avoidable; I was my biggest enemy. SF and its filters are great; the "art" to trade them is what I am still learning to do.
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sandjco 648 posts msg #141940 - Ignore sandjco modified |
2/6/2018 9:01:18 AM
...i must add...do I wait for the signals or do stinker bids? stinker bids is most likely another brain fart!...trying to grab the bottom (which isn't easy).
not a question really...just expressing my thoughts at this moment. LOL...too much shills!
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sandjco 648 posts msg #141965 - Ignore sandjco |
2/6/2018 3:02:08 PM
Stink bid at $5.50 got filled!
This is so crazy...was this artificially done? At $99 EOD and went haywire AH in the $20's...what do you think would happen when it opens? No earnings crap...world didn't end...no terrorist attacks...nothing. My ex didn't even nag me!
Is there an old saying that the "gap must be filled"?
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sandjco 648 posts msg #141968 - Ignore sandjco |
2/6/2018 3:27:38 PM
This is cray cray...they just halted it again! $7++ was the last trade I saw.
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