For the last year or more, we’ve analyzed the “conviction meets conviction” movement in the Russell 2000.
Each time the Russell has traded into a conviction days range, it is met with a conviction day in response. We traded into the conviction day of 10/15, we got a conviction move in response.
This is a market still controlled by buyers, and will be for the foreseeable future.
Here is the last year plus of conviction movement in the $IWM. Leaving this zone with conviction is an important move to the analogue we’ve been running.
OA
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First move is dooooowwwwwnnn
You have been checked by Yelling…
You will be checked by the close.
^ lol. another epic call, babe ruth stlye http://www.insidesocal.com/tomhoffarth/files/2014/04/babe-ruth-called-shot.jpg
lol
TWTR didn’t even blink
Wow
Sold TWTR 1.46
Well done!
Did they remove your restriction? Or are the proceeds from the sale restricted until full settlement? I have a cash account and run into that a lot.
F’ing painful…have to call in orders and get sign off by margin dept (until tomorrow). Bought NVDA Nov 30’s @ .8 and rolled into TWTR weekly 33’s @ .4 (next weeks).
Bought BBY Nov 37’s
Sold my NFLX at $105.5. Volume is missing a bit here. Probably means nothing but volume is missing here.
duplicate lol
Were a lot of people required to trade in it today?
Ha good point. I get it. Looking into it too much. Had a 2+% gain in it today and am just trying to continue building back my capital which means I’m prob over reading things.
Hoping today was the low. GDX Came a penny from stopping out. Added TWTR, WING and JMEI.
Miners look scary
I’ve been contemplating GLL all day today
I have a death wish. I get them wrong often.
Hey kidstock without a pic for your alias others can post fake comments with it…and they often do.. We can only tell if its really chubs or bchus by the writing style. Fok
I tried to update but wordpress must have old password from old email account. Perhaps it’s time to re-subscribe to AOWOA and speak with someone in customer service.