I purchased more SPY this morning, bringing my basis to $185.04. I am being very open with the timing of these purchases only because there is a current free trial taking place in Exodus. Once it expires (today is the last day to grab one), I will not be so forthcoming here.
With the DB news in tow and the long weekend ahead, I am optimistic for a raucous rally in stocks. Hey, if Italian markets can run higher by 3%, so can ours.
As I am presently situated, I’ve depleted my cash reserves to zero.
25% of my assets are in TLT, with a basis of $120.42.
My year to date loss is -1.79%.
Should the market sell off, I am prepared to go 200% long, which means I can buy SPY on another 3 occasions, providing the oversold signals in Exodus all occur inside of 10 trading days. I will begin to sell out of my SPY positions starting 2/23.
These aren’t emotionally driven trades, purely algorithmic mechanical exercises of sublime mathematical precision.
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Yeah you will.
I’m getting some positive signals. Good spot.
Oh snap! 5-day free trial! Thanks fly! LETS GOOOO! **does the piker dance**
Nymph juice will be spilled….
Nymph meet windshield.
My apologies Nymph. That came out a bit rude.
It is what it is…. 😉
I wish I was only down 1.79%.
Market follows oil down the drain – but now oil up 10% & market has pretty pathetic rally? What gives?
Oil is up on bullshit as usual. Unless – and maybe even if (homo deval) – the Chi-coms in charge have been working during the holiday – SHOMP Sunday night.
Oil was a no brainer long when it broke the lows yesterday. You knew some type of news, rumor or not, was going to come out soon.
The 1810/1812 thing.
“Lower lows”…
This is one of the biggest one-day moves in the history of oil, predicated on a totally fantastic story from sources whose aim is to fuck us.
Wait until the leader of Venezuela threatens to kill himself on national TV. Except that no one will notice because there won’t be any electricity, and those with gennies will be out searching for toilet paper,
And the trade from $112 to here wasn’t fuckary?
Good luck with your trade. But whilst you walk on hot coals, Men of Finance are standing off to the side with buckets full of gasoline, ready to pour.