Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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To: GROUND ZERO™ who wrote (108613)	7/24/2018 5:12:59 PM
From: Machaon	Read Replies (3) of 222478

GROUND ZERO™: I'm solidly short the RUT and the $SOX, and ever so light long the DOW since the momentum is still upward, but that could change before the close today... As you probably know, S&P500 rallied a bit at end of day, on heavy volume, and is now a little down, after hours, and holding. I've got two parts SPXL, which will become three parts if the market has a down day tomorrow, and one part SPXU. It's a way for me to hedge my bets. Reduces profits by trading both ways but to me, some profits are better than no profits. But I have to be patient if the market doesn't behave as I want it to. :) GROUND ZERO™: just remember, everything I say here is subject to the 50/50/90 Rule... I view your 50/50/90 rule the same as I view the input from medical professionals. In the end, success or failure is on the user of information and not the one who provides it. It's kept me alive with a high quality of life after 30 years of heart failure. Thanks, Bob

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