iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

OH, HEY…DOW WAS DOWN 40

Friday, we closed out the week with the Dow down 40 points. I used to blog quite a bit back in the day about “Dow 40 Days” as they’re my absolute favorite.

Quick summary for my “Dow Down 40” Friday:

  • Friday, “the market” was flat to down.
  • Friday, I owned leveraged positions on FOUR of the top 20 performing stocks in the market – $BABA, $TWLO, $JD, $CMCM (liquid stocks more than $10 per share).
  • Friday, I owned TWO of the top 10 performing stocks under $10 ($RUN, $OCLR).

If you’ve been following, this has been a daily trend for me for months…not just a one day deal. You may be content to sit out wait this all out for the next crash, or nut up and play a hand or two while you’re waiting. Who knows? Maybe we make a few bucks together.

In each of these trades I take, I am putting people in front of moves well before they happen. I skate to where the puck is going to be. I am never behind the ball. Most importantly, all my methods, strategy and approach was built to excel in these conditions, and I’m on track to have one of my best years ever.

I spent the better part of a year promising this market was coming, and got really specific at the scary points. Check my archives. I’m the same guy that took 6 figures out of the market last time we had conditions like this and bought a house on two acres. I’m in the process of doing it again.

Boot camp is scheduled for month end. I don’t normally care to self promote as you’ve probably noticed, but I have a good enough product here for less than what you spend a week to intoxicate yourself. Sign up and let’s make it a profitable fall.

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6 comments

  1. Bchu12

    Dayam, son!

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  2. bizerkus

    Bravo for bravado. Do. Not. Stop. You are killing it.

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  3. Noni Kavuri

    OA, where do you live boss?

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  4. Tom

    Did you sell BABA friday close? If not, what is your near turm target?
    Also, waiting GILD to wake up. Thanks, OA!

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