TRIPLE TRADES Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : TRIPLE TRADES

OPEN 8.100

+1.3%

11:53 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rarebird who wrote (3957)	12/22/2024 11:33:52 PM
From: Bull RidaH	of 4397

Amazing post! Congrats on selling the highs. You have made yourself a legend to all who have benefited from your work. And you have exited longs at a generational high, something the greats have only dreamed of achieving. I too closed out the remaining long exposure I had, and began ramping up short exposure a couple weeks ago. Probably around 20 to 1 leveraged short now, and will up that as the cascade lower builds momentum. The dead cat bounce rally came right back up to the point where Wednesday’s decline took out the trend line connecting August”s and October’s lows (5990), which in my EWave read was the all important 2/4 line in the completed 1 year long ending diagonal. Most market moves I’ve observed in the past moving out of these ED patterns are severe and abrupt, which has me looking for severe down once this DCB ends. The bounce to 5882 COULD have been enough… but a touch of 5990 could still be in the cards before the monetary policy panic resumes.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next