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


To: da_cheif™ who wrote (110019)8/16/2018 10:47:24 PM
From: GROUND ZERO™  Respond to of 218448
 
That would be wonderful, I love a bull rally... and I'll get stopped out of my short SOXX if that one rallies also...

GZ



To: da_cheif™ who wrote (110019)8/17/2018 9:11:37 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218448
 
Looks like it was primarily WMT, the one that replaced GE in the DOW about a month or so ago, was the big upside mover yesterday that took the average so much higher... it looks like we may get an upside follow through today and turn things around, especially for the DOW and possibly the SP, all the other major market indices are still negative as of this morning including the SP... but we'll see...

I'm holding WMT in my optimized portfolio for some time, so certainly no complains here on that wonderful rally...

GZ



To: da_cheif™ who wrote (110019)8/17/2018 3:52:17 PM
From: GROUND ZERO™2 Recommendations

Recommended By
Mevis
Oblivious

  Respond to of 218448
 
I think you're right about the SOX bottoming here today, the SOXL filled the May 4th gap and rallied...

That was a brilliant assessment and call and just when it looked like that index was about to fall into the abyss... very excellent!!!

I was able to cover my short SOXX mid afternoon for a great profit on that trade also, I was short all week, and then watched how it began to recover throughout the afternoon today... still hard down on the day, but closing near its daily high and above its morning opening...

Very nice call...

GZ



To: da_cheif™ who wrote (110019)8/17/2018 10:32:33 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218448
 
INTERESTING HISTORICAL FACT...

Mark Twain had a twin brother, his name was Tutu... Tutu Twain...

GZ