On the back of a good jobs report the market is in deep red once again. Friends, this is what a murderhole look like. I had plans to buy the blood early on, but decided against it. My downside exposure at the moment is [[TZA]] & [[VXX]] , thank God for that.
It’s possible that this could be a good opportunity to buy, but I’d rather be late than “throw bricks a ballons”. For now, you need to get in day trader mode. Forget holding swings, unless of course it is [[TZA]] . Poick you points, be quick and nible, and WATCH OUT FOR MURDERHOLES.
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1100 is huge support; going to take a lot to break that level; 200 day lies there as well; im looking to buy gold stocks but still unsure what to do.
I am very tempted to buy here. A few names that come to mind: ATPG, SD, YGE, S, ETFC, & OMNI
RC, still LONG on ETFC, huh? What are your thoughts here?
Bought S @ 3.93
sold out of my VXX
Say g’night…. the fact that we’re continuing the selloff following yesterday says something… Da Bears
I’m tempted to do the unthinkable and invest in japan as a contrarian bet… at least you know what you’re getting and aren’t mistaken into thinking they have a strong capitalistic system that can’t be manipulated by fat finger fred and a bunch of algorithms that all say sell until there’s no more bids left.