I'm not even going to begin to figure the profit % on that one Lefty. Man, if only I still had all the baseball, football and boxing cards I had as a kid. Went through muck bubble gum in those days to get the cards. Buried many of them in a cigar box in a friend's back yard back about a hundred years ago. A bunch of cards along with some other stuff including a ring as I recall. He did the same thing. One of those "time capsule" things we did as kids. Still there for all I know.
Congrats on the gain Dickie! Stay away from UVXY, it's toxic and bent on stealing all of our money. We should have bought SVXY or XIV instead.
I'm following the fish Lefty! Been out on the lake all day. Just got back.
Had an order in for CETX at $2.80. Missed it by 15¢ and then it shot up 24%. Order in for CRECF at 50¢.
Watching CETX, PES, ATW, CRECF, UGAZ, HUN, MUX, SBG, AEL and MOD.
Been bailing water me whole life. Only thing I've learned is that ye have to plug the holes, before you can bail the boat. Now that I've plugged the holes, I be going fishing.
I understood what you meant. I was just saying that my strategy now is only for the short term. Probably stay this way until after the elections in Nov. Then I think we'll get a clearer picture of where this mkt is headed.
Good luck with that. The way I see it, it's a traders mkt. I'm not really going to "hold" anything right now. Too risky. Day or swing trading only for me. Unless, of course, I pick up one or two of Dickie's lithium bonanzas.
Thunderstorms here so no fishing today.
Don't like being on the sidelines with so much cash (95%). Market's gonna go up or it's gonna go down. There are ways to make money either way. So . . . . .
I dislike TVIX as much as I dislike UVXY and DUST. Should have sold it earlier this week. This market has no upward bound. Only a bottom. Both TIVX and SDS in the red again now. And look at UGAZ heading for $30. Selling the winners and holding the losers. If gold tanks tomorrow I'll likely sell everything on Monday and fogetaboutit. for awhile.
Sounds like me (94% cash). Holding small amounts of TVIX, SDS, MUX and DRD.
You waiting on gold and lithium to pull back so you can swarm on them like Dickie?