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Stock Market

GeorgiaGirl

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.IXIC just getting tossed around like a ragdoll today on blowout volume. From down 500 plus points to plus 400, back to down 341, and now trying to go back higher.

Nbd, totally stable stuff, not like there's not a lot of small caps in this index that could end up blowing up at some point for good...

But similar to my opinion...

The rallies it has had are still mostly too hated.
 

KyloG

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If this ain't bottom for FRSX then I'm done. I bought the dip this morning at $6.30 and sold at $7.30. I bought back at $6.90 and plan to hold overnight but I ain't confident.

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KyloG

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I've been wanting to get back into PINS and did that today at $76. It's been really strong on these market sell off days and had blowout earnings a couple of weeks back. Look at that daily candle.


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KyloG

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GIK is another bounce play. I have traded this multiple times past few months but I am back in heavy at $12.10.

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GeorgiaGirl

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I'm guessing bond yields dumped while I stepped away based off what a guy I've been watching comment was talking about.

But holy ****.

NDX has clawed back to little changed.

That index isn't for the faint of heart given a candlestick chart I've seen.
 
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Lickwx

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You brave. I sold the 2000 shares of FRSX at 7.50...bought for 6.90. No clue what’s going to happen tomorrow. Thank goodness for PINS, DKNG and CCL.
Jimmy likes to touch fire but not bathe in it ! He gotta stick out the whole way through not settle for losses . Losses aren’t realized till you sell!
 

GeorgiaGirl

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If this is early September, Apple and Amazon put in similar attempted reversals after Nazzie land was brutalized on day 2 and those attempts failed the next day.

But it feels as if that could be it as things aren't always similar, that first 20-30 minutes was probably capitulation by weak and late longs plus more margin calls.

Main thing that will matter though is that 10 year yield. If it pukes, selling is over most likely.
 
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GeorgiaGirl

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I think "they" have been smashing the VIX because of the amount of inflows in UVXY. So unfortunately I don't think UVXY would do you any good unless you move fast there.
 
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They kept the SPY far away from the bottom of the 100 day moving average channel today. Money printer go Brrrrr. It will test it eventually. Where it goes from there? Who knows D197CDF1-FCA8-447D-A2D9-535D812C6D30.png
 

KyloG

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This is normal. Not top heavy at all lol

View attachment 76793
I think this is going to get ugly this year...we don't have Trump to pump the markets with his tweets. I think we see the bottom support in this channel next couple of months. Once that black line support breaks it could come quick. I am thinking SPY 360...which gives back all the gains since August. Atleast, I hope that's as bad as it gets.

The red support line is the March highs and is the oh crap this better not break line.

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Broken024

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Kobe dies in helicopter accident in LA last January and world/markets go to ---- shortly after. Tiger almost dies in car accident in LA in February this year. This is bad juju, I'm out for the foreseeable future. Good luck boys.
 

NCSNOW

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UCO,USO and SUNW killing it today,this week.
My golf stocks are floundering. Should have a great 2cnd and 3rd qtr. Ill be doing my part lol

Im gonna keep riding USO and UCO. Get greedy. I think theyll be $70+ range this year. Probably just jinxed
 
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