I didn't post teh FB trade for you. I posted it for Greg and yes! ...the markets are volatile. Like right now you are "wishing" you went long IWM when a few short days ago you were admonishing me for spewing the now "fact" that IWM is showing "great" strength. I told you to just blot out everything I say cept for the gold sector. Your mind can't handle too many trades at one time. I did give an update on IWM just now though. :-)
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So we should be long QQQ here? Spit it out
I'm eating Washington state cherries and I like to play with the pits in my mouth. You are lucky I am in a good mood today as it sounds like you are getting your ass kicked in the Q's? The answer of course is that it is so close to the low on this 5 day chart that I would just wait for at least that to go long. :-)
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=qqq&x=64&y=12&time=3&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
Are you simply asking me to post a long in the Q's instead of the SPY? I'll do it for free but as far as I'm concernt you STILL owe me at least lunch for the heartache I have saved you. :-)
Also, for weeks now I gave you a Q's 'ultimate" minimum target of what? That's right...135.32..to be eggzact! it's there "clearly" stated at my blog. I told you to jot numbas down. Now I am 'suggesting" you get a new tattoo EVERY time I post an important numba. Put em all in one spot and if you don't want your wife to see them simply tattoo them where she WON'T see them. You need to start keeping better track of my shit. :-)
Yeah but that was two months ago you said that.. June 16 puts ...pretty sure those went out to the grave yard. Try to put you calls in one place. Aint got time to chase you down for a facebook long call somewhere when you calling qqq short somewhere else. Those are like a straddle trade no?
I get it. I said buy FB 118 11 months ago so that makes me the #1 Mr market.
2 months ago? Alot has happened in 2 months. Too bad you missed the "more recent" QQQ short on the blog that was "temporarily" blocked. That one generated 300%. Again, you have a good trade coming in GDX long again. I will be adding to my position. I trade everything "effectively"...your problem is that you are scatter brained. Don't take that as an insult. Nobody can keep up with all this shit. But I just did with yet another spew on UVXY. Why? becuz this shit is eeeasy to me. :-)
You are right tho. The Q's are a much better long than the SPY imo so I will post a Q's long here at my blog today I'm wreckin. It is "safe" to enter via a longer term strike (like 7/21) to give yourself more time just in case they actually do go all the way to 135.32. The $138 strike are is inside the gapdown, and the call pricing is gettig cheap enough that you don't have to worry too much about getting your ass kicked. Plus buying at teh "extremes" means you can make a small bet to get your 100%+ gain...like you "know" I do consistantly. Maybe I will hold you hostage and only announce the trade if you buy everyone who replies to this post lunch. How you like them AAPL's? :-)
The Q's 10 day showing "the gap" above to 140.00
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Fund&symb=qqq&x=19&y=16&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11