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Re: MARKETS,Anybody even yet?

Posted: Fri May 27, 2022 3:43 am
by olds442jetaway
I would be happy with that too

Re: MARKETS,Anybody even yet?

Posted: Fri May 27, 2022 9:03 am
by dinghy
olds442jetaway wrote:
Thu May 26, 2022 3:25 pm
Funny, the other day Dinghy said…. You’re trying to buy sqqq at 52. Thats unlikely to happen. I could have had it today for 51. Just goes to show none of our crystal balls work. Heeeee
dinghy wrote:
Tue May 24, 2022 5:22 am
Eventually you should get filled on the SQQQ
Did you ever hear the term "stink bid"? It's a buy order placed far below current, typically in anticipation of market volatility. Usually the idea is to catch a briefly available panic-low price.

You were set up for a buy at 52, but clairvoyantly detected it was a trap. Applause! :up:

Now SQQQ just dipped below 48. If you were tempted at 52, you have to be intrigued at 48, no?

Re: MARKETS,Anybody even yet?

Posted: Fri May 27, 2022 11:04 am
by olds442jetaway
Not till a sense a sell off again. Bullish for the moment. Good luck all

Re: MARKETS,Anybody even yet?

Posted: Fri May 27, 2022 12:32 pm
by dinghy
olds442jetaway wrote:
Fri May 27, 2022 11:04 am
Bullish for the moment.
In one week, the S&P is +9%, QQQ +10%, on no news. Prices have changed, but fundamentals have not.

All my transactions today are sells.

Re: MARKETS,Anybody even yet?

Posted: Fri May 27, 2022 1:52 pm
by olds442jetaway
Probably a good move. Perception is fueling the rally . Wait till reality if there is such a thing anymore sets in. The Fed may be left holding the bag with billions on nearly worthless assets.

Re: MARKETS,Anybody even yet?

Posted: Fri May 27, 2022 2:35 pm
by olds442jetaway
Up .7 percent today but I’m 80 percent cash so still good. Up 1.97 percent today on the IRA which is less than 10 percent cash. Have to watch this market like a hawk. Anything could happen

Re: MARKETS,Anybody even yet?

Posted: Fri May 27, 2022 3:22 pm
by FAA
I should be +1.7% today when I finally log in based on your results. My firm makes it next to impossible to liquidate positions, though. If I get anywhere near even, I’m closing the whole damn thing.

Re: MARKETS,Anybody even yet?

Posted: Fri May 27, 2022 3:52 pm
by dinghy
olds442jetaway wrote:
Fri May 27, 2022 2:35 pm
Up .7 percent today but I’m 80 percent cash so still good.
Not a good day for cash. Wasn't a great day for me either, although having accounts in a few places, I can't easily tally my overall. My Treasury bonds and gold mining stocks were lethargic.
Have to watch this market like a hawk. Anything could happen
Because of perceived crash risk, I'm keeping larger than usual balances in my brokerage cash accounts, but it's costly because my yield is inferior.

Holiday Monday, so no more action til Tuesday.

Re: MARKETS,Anybody even yet?

Posted: Fri May 27, 2022 4:30 pm
by FAA
I was punch drunk on losses. Badly needed this week to defray them and clear my mind. The other shoe drops with Fed QT inception. So liquidation my be weeks away.

Re: MARKETS,Anybody even yet?

Posted: Fri May 27, 2022 4:42 pm
by olds442jetaway
I am very happy with Fidelity. No trading fees either. They have an advanced platform called Active Trading Pro that I dont use anymore. Used it 15 tears ago in day trading. Everything I need is at my fingertips on my phone or laptop with the regular program. Also they are 24/7 for service if needed