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


To: kimberley who wrote (137922)2/10/2020 12:44:27 PM
From: SGJ  Read Replies (1) | Respond to of 223446
 
I'm totally hedged. Don't want to sell and trigger long term gains yet on long term hold stocks. At this point I doubt any new highs before this gets more transparency as to whats going on and how its going to effect the global economy.



To: kimberley who wrote (137922)2/10/2020 12:47:28 PM
From: GROUND ZERO™1 Recommendation

Recommended By
Winfastorlose

  Read Replies (1) | Respond to of 223446
 
I agree on all points...

On defensive strategies, I presume you mean for these markets, I use an exit stop and if I get stopped out then I simply stay in cash and not try anything cute, I wait for the next buy signal and then I'll buy...

i have no plans other than that, it's straight forward and very simple...

I don't see any good reason to take any short position unless it's only for a quick few points, but shorting these markets and making any serious money would be the result of luck more than skill, these markets are way too strong to consider any kind of long term short position and the overall trend is higher, so why would anyone even think about a long term short position, it would be nuts...

GZ



To: kimberley who wrote (137922)2/10/2020 1:12:15 PM
From: Horgad  Read Replies (1) | Respond to of 223446
 
Short anything whose profits depend on strangers coming together in tight spaces (cruise ships, airlines, sporting events, concerts, shopping centers, etc).

Hedge with longs in health care (but not insurance companies!).

Looking for other long ideas here to hedge the shorts. What else will go up with general market, but will not be impacted much by a virus slowdown? Maybe online activities? Online retail? Amazon may actually get a boost in sales during a virus scare.



To: kimberley who wrote (137922)2/10/2020 3:15:49 PM
From: the longhorn1 Recommendation

Recommended By
GROUND ZERO™

  Read Replies (2) | Respond to of 223446
 
Hi Kim,

"concerning to me to see people blow this off". Completely agree with you. China makes most of the hockey sticks used in the NHL now and playoffs are coming up. I"m very upset! (g)

Actually, you are right.

If they had an open system one trusted, we might have more confidence in the information. As it is, there are lots of unknowns still.

lh



To: kimberley who wrote (137922)2/12/2020 1:38:20 PM
From: yard_man  Read Replies (1) | Respond to of 223446
 
>> black swan <<

Not according to the original book by Talib ... black swan is an hitherto unknown event ... a highly improbable event not on the radar.

Virus is known. It is not highly improbably that this becomes a problem. I think many think it is a real problem that is understated and perhaps underappreciated for impact, but practical traders know that CBs everywhere are "pouring on the insurance" and more than willing to ride the wave.

So be it.

A black swan would be something else -- something that shows up, while everyone was looking at China or the CBs pour of liquidity. By definition -- can't anticipate -- so low a liklihood to be off radar.

I think today's rally is a rational response to Bernie coming out on top in New Hampshire. There's nothing better the banking folks would like to see than a match up between Bernie and Trump. Banking and finance people are convinced they know what the result of that would be.