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

To: Turtles_win who wrote (180334)	10/10/2022 10:57:11 AM
From: Turtles_win	Respond to of 220899

I still think the most likely scenario at this time is a strong rally in the overall markets and hopefully also in SOXL for 2 to 3 weeks starting within a day or two and then a mini-crash that probably only wipes out the 2 to 3 week runup. That would spike the VIX over 50 and would probably create the type of short-term fear needed to end the bear and get the bull ready to run. I am playing that scenario, being long SOXL. I plan on selling it around October 27 or so and then buying SQQQ to play the mini-crash. If this all happens, then I'll go long to stay long on November 1st, my magical bjuy date. Of course all this planning seems basically insane right now. I have guts galore but not too much sanity. My guts may end up spilling on the floor soon. Oh well. Hey, we did'nt all suddenly develop terminal cancer today at least.