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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: d[-_-]b who wrote (87992)11/16/2016 3:16:38 PM
From: GROUND ZERO™  Respond to of 218583
 
When I get a sell signal, then I'll exit the TQQQ... until then, I'm holding... I have no targets, I'll let the market tell me when, as always... but if I had to find some exit price, I would have to use below this week's low... that low should not be taken out if this market is moving higher...

GZ



To: d[-_-]b who wrote (87992)11/16/2016 4:46:38 PM
From: GROUND ZERO™1 Recommendation

Recommended By
Mevis

  Read Replies (1) | Respond to of 218583
 
Looking toppy for tomorrow... still long the TQQQ but short several tons of the DOW, just in case...

GZ



To: d[-_-]b who wrote (87992)11/18/2016 8:09:05 AM
From: GROUND ZERO™1 Recommendation

Recommended By
Investor Clouseau

  Read Replies (1) | Respond to of 218583
 
Okay, on your question earlier this week, finally this morning I can see a reasonable place for an exit stop for the TQQQ now that I see how this week's action unfolded, sorry for taking so long but there was no place until this morning without taking a hedge position... a straight stop close only below this Wednesday's low would work... otherwise, I'm just letting it run... I think the selling is over... whatever selling that was overnight... looks like a ton of shorts are trapped and will now probably be willing to pay anything to escape before this market reaches altitude...

GZ