Thanks Dnarby – totally true. When they go against you, they seem to make big moves and when they are in your favor, the 3x are more like 2x. Still. I'll take it.
Project Camelot is reading like science fiction to me. I'm open-minded enough to think that some or all of it is plausible. However, I wouldn't need to believe any of it to come to the same conclusion that one should find a safe place and do it now.
What I do know is that natural disasters and human atrocities have occurred throughout history, and, although Americans have enjoyed a period of relative stability, the world as a whole is potentially more volatile than ever.
So, Red, how far along are you in securing a safe place? Still at the beginning of the brainstorming phase like me or further ahead?
They work fine as long as you don't plan on holding them longer than ~6 weeks (after a couple weeks the 2x are like 1.9x and the 3x are more like 2.7x, but the leverage is still free).
Is it that one about the decay? I totally know they are lousy instruments but I don't want to dig into margin and I don't want to try to pick stocks. So be it.
I hope it works out too, because I'm long the USO. I would go long the SPY, but it's just too risky. Oil isn't as highly manipulated and should move up to about 38 by Friday.
Well, their sheep this time because the bulls aren't going to be jumping over a cliff until February 8th-9th comes… then the fun begins! Mmmmm…. steak, its' what's for dinner!
outside the box , your right,with this no volume run-up? Monday has been MF Monday,what happens when it doesn't show-up?. will there be a bounce with volume and a 9-1 day ? 1100 -1120 or 1150 ,on a failed moved and the shorts wait for the bounce? Just watching gas for now. Gas leads oil and oil will be a tell on the market,My take and I could be wrong Good luck all
Thanks Dnarby – totally true. When they go against you, they seem to make big moves and when they are in your favor, the 3x are more like 2x. Still. I'll take it.
Project Camelot is reading like science fiction to me. I'm open-minded enough to think that some or all of it is plausible. However, I wouldn't need to believe any of it to come to the same conclusion that one should find a safe place and do it now.
What I do know is that natural disasters and human atrocities have occurred throughout history, and, although Americans have enjoyed a period of relative stability, the world as a whole is potentially more volatile than ever.
So, Red, how far along are you in securing a safe place? Still at the beginning of the brainstorming phase like me or further ahead?
They work fine as long as you don't plan on holding them longer than ~6
weeks (after a couple weeks the 2x are like 1.9x and the 3x are more
like 2.7x, but the leverage is still free).
Is it that one about the decay? I totally know they are lousy instruments but I don't want to dig into margin and I don't want to try to pick stocks. So be it.
Thanks G…
I hope it works out too, because I'm long the USO. I would go long the SPY, but it's just too risky. Oil isn't as highly manipulated and should move up to about 38 by Friday.
We'll see…
Red, Enjoyed your post and all the comments below. Some nice feedback. I hope your scenario of a bounce this week plays out.
Hi Monica, Sending you an email about 3x etf's.
Well, their sheep this time because the bulls aren't going to be jumping over a cliff until February 8th-9th comes… then the fun begins! Mmmmm…. steak, its' what's for dinner!
outside the box , your right,with this no volume run-up?
Monday has been MF Monday,what happens when it doesn't show-up?. will there be a bounce with volume and a 9-1 day ?
1100 -1120 or 1150 ,on a failed moved and the shorts wait for the bounce?
Just watching gas for now. Gas leads oil and oil will be a tell on the market,My take and I could be wrong
Good luck all
your sheep should be bulls