I just bought on the buyout news. I think anyone would be afraid to be short this overnight, Maybe that will hold
the price up!!
At the end of 2015, stocks remained very overvalued, over-bullish and over-bought and the trend had reversed to the downside. None of this has changed in the 70 days since. And in the past, this setup has led to some of the worst bear markets we have ever seen.
Ultimately, equity investors currently face the very real prospect of another massive potential drawdown in hopes of achieving an annual return less than the “risk-free” rate. That’s not a risk/reward equation that should get anyone excited about owning stocks right now.
The Woman on Options Action just called Carter Worth the Chart Master !! He's been saying to short
the SPY for the last 200 points!! What else are you going to watch if your a trader!!
I don't usually short, but I just bought PSQ and SH today !! Hope we're down on Monday!!
What does that mean? I bought yesterday for the first time and sold for a loss today. I won't
be trading this again. Too F'ng volatile. I should have known, with the small trades made.
I bought WFM instead!!
I can never figure out which sector the big money will be trading!! Today it's
energy and transports, but Tech and banks are down. I sold XOP at 25 and
now it's over 29 I could have made 4 K, sickening! Now I would be afraid
to get in after a 20% move!!
That's why I think I'll just trade NGG, it's pretty predictable 67 -69.
With 500 or more shares you can make some nice trades!!, So why
should I have to try and figure what sector to be in when I can make money
Great. Today I'm not in it. I almost bought when it dropped to 32 the other day but was afraid!!
Crazy F'g stocks!! I'm in NGG today. It doesn't seem to be too volatile . I don't know what to
expect from this market. Is it an oversold bounce and could we drop again??
Some say to fade this rally. Who really knows???
I sold for a loss this morning after buying on fri..First Cramer has a buy on it then he comes out with the
article that people are checking out of it. I guess it went up too much and now it's a little expensive?
Carter Worth keeps saying to short the SPY, but he's been wrong,
recently. Gold and XLU is still up.
I have no idea which way this market will go!!
I sold XOP at 25. and now it 's over 29. Gold I don't trust.
XLU might go down if they raise rates. XLF should go up, but
if the market goes down so will the financials.
I've been watching NGG for a little while. I think it might be good for
trading since it just goes sideways, no matter what the market does!!
So why try to figure out market directions when you can trade a
relatively safe utility?? Although It's risky being in one co., you
never know what bad news can come out!!
T was good too, but it's at a 52 week high!!
I'm not in this but wondering if I should buy today. chart showed the last low of 36.50?
almost hit that ! I wonder if 36.50 will hold?