Down goes the Dow

We nailed it! (So far.)

Exactly the same pattern as in Feb—2 big days down, a small bump up, a third leg down, then today, bam.

Only question now is when to sell, looking at pattern from Feb again...probably sell a block today, another later this week, maybe keep some until after midterms although that is still too far in the future for my liking.

There was no insight this time, it was pure speculation that the pattern would repeat. By the time the end of yesterday rolled around there was already enough correspondence to pull the trigger in anticipation of the rise today. Just a bs btfd play, but this time the buy looks to have been well-timed.

The mapping of events was ridiculous, formulaic—the midterms, not so much.

Yes and that is why my preference is to sell sooner rather than later.

Lol sold 2 lots of 3 purchased, look to sell the third before the week is out. This was a good one!

I feel like such a btfd tool

Real traders must be making a killing.

I felt so good on this one that my problem now is over-confidence for the next event, which will be the elections. My wife says i should go camping in the middle of nowhere for a few weeks

aaaaaaand here come the earnings. Netflix up 12% after hours

Small stocks are still below the 200 day, but big stocks are back above. Just a beta thing, I suppose.

It was fun watching Igy and Maser lose their minds over a little dip. But that is now over as the markets are back up, TNA is up for the year, and HSGFX is down ytd. Normalcy reigns.

This was the first fully speculative trade i have ever made. I have made trades based on patterns before, but i always thought that i understood whst underlaid the patterns. This time, i just guessed that the pattern of intervention and the machine response would duplicate a prior event.

I guess the question is if i got away with one, or if i can replicate the success. Makes me nervous to think about it, i will probably not try again.

Gruntz wrote:

It was fun watching Igy and Maser lose their minds over a little dip. But that is now over as the markets are back up, TNA is up for the year, and HSGFX is down ytd. Normalcy reigns.

Wrong, I said this drop was nothing.

Gruntz wrote:

It was fun watching Igy and Maser lose their minds over a little dip. But that is now over as the markets are back up, TNA is up for the year, and HSGFX is down ytd. Normalcy reigns.

Oh and normal was last week as you will soon see.

Ghost of Igloi wrote:

Gruntz wrote:

It was fun watching Igy and Maser lose their minds over a little dip. But that is now over as the markets are back up, TNA is up for the year, and HSGFX is down ytd. Normalcy reigns.

Wrong, I said this drop was nothing.

Ha ha. You couldn’t post fast enough. You were so hard!

agip wrote:

aaaaaaand here come the earnings. Netflix up 12% after hours

Small stocks are still below the 200 day, but big stocks are back above. Just a beta thing, I suppose.

Gruntz wrote:

Ghost of Igloi wrote:

Wrong, I said this drop was nothing.

Ha ha. You couldn’t post fast enough. You were so hard!

Grab your Brady jacket and strut the streets.

seatttle preattle wrote:

hello.

Sold a fair amount on the way down early in the day but bought it all back (for today's trades) later in the day with long term holdings mostly untouched. My bet is this: reached bottom. That's my gut based on last hald day of traidng.Made a little bit on the day based on dya's trades but have seen a bout 10% depreciation off my highs of a couple of weeks ago.

Sorry for the mess of a post- on sktechy laptop - but out of own on business and couldn't have picked a better time to step away from my obsession, but one's gotta do what one's gotta do....

Had a nice run today in a beautiful part of this country.

May try to get up early to get another run in before tomoorow's sessions but we'll see...

Night!

Very encouraged how market has been rebounding since i called the bottom on 10/11, and the S&P has rebounded over 3% since then. Thus far, that was the low and it's been up since.

Hope i was right, but based on today's action, it very well could be.

Ghost of Igloi wrote:

Gruntz wrote:

It was fun watching Igy and Maser lose their minds over a little dip. But that is now over as the markets are back up, TNA is up for the year, and HSGFX is down ytd. Normalcy reigns.

Oh and normal was last week as you will soon see.

The dream continues for 60% drop. These little teases must be killing him. Can you imagine waiting for 7 years and counting.

purple martin wrote:

Ghost of Igloi wrote:

Oh and normal was last week as you will soon see.

The dream continues for 60% drop. These little teases must be killing him. Can you imagine waiting for 7 years and counting.

Where did you get seven years? Oh that’s right Biblical parable: seven years feast and seven years famine.

The magic of the Ouija Board points the direction of the future, the divining rod for the markets. As Cramer says “there is always a Bull Market somewhere.”

Ghost of Igloi wrote:

seattle prattle wrote:

Very encouraged how market has been rebounding since i called the bottom on 10/11, and the S&P has rebounded over 3% since then. Thus far, that was the low and it's been up since.

Hope i was right, but based on today's action, it very well could be.

The magic of the Ouija Board points the direction of the future, the divining rod for the markets. As Cramer says “there is always a Bull Market somewhere.”

What a crock of jibberish you spout now. But a few days you were willing to make bets. And you were wrong. Own it.

Ghost of Igloi wrote 10/11/2018 7:34PM:

HSGFX outperforming TNA on a YTD basis by +4%, boy that escalated quickly.

... and a couple of posts later:

Ghost of Igloi wrote:

Should we have a bet? Gentlemen’s bet, for honor.

And now TNA is up over 8% since your misguided call.

seattle prattle wrote:

Ghost of Igloi wrote:

The magic of the Ouija Board points the direction of the future, the divining rod for the markets. As Cramer says “there is always a Bull Market somewhere.”

What a crock of jibberish you spout now. But a few days you were willing to make bets. And you were wrong. Own it.

Ghost of Igloi wrote 10/11/2018 7:34PM:

HSGFX outperforming TNA on a YTD basis by +4%, boy that escalated quickly.

... and a couple of posts later:

Ghost of Igloi wrote:

Should we have a bet? Gentlemen’s bet, for honor.

And now TNA is up over 8% since your misguided call.

Seattle,

OK, since the other guy never took me up, let’s have a gentlemen’s bet. Let’s say from today until year end.

Igy