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Thread: oleg850's Account Talk

  1. #277

    Join Date
    Feb 2011
    Location
    Washington
    Posts
    9,583

    Default Re: oleg850's Account Talk

    Quote Originally Posted by oleg850 View Post
    XIV is down nearly 30% in 2 weeks. You've been around long enough to know that legitimate bear markets take months to form. You don't fall from grace in the first instance. What I see so far is just another correction, nothing more. Until the 50 and 100 weekly are taken out, the bulls are still in control. I don't think a 12% retrace is too much to ask..
    True, but I think I need to disagree on the bulls being in control. While this could be true, they could also be losing that control...
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  3. #278

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    System remains in CASH.

    I'm expecting a range bound day, with a bit of downward bias. If XIV makes it down into the 24 range, I will add to my existing small position.

    Will post the trade when/if I take it.

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  5. #279

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    I see AAPL closing that gap real soon, and then some. Been an absolute monster through these declines.


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  7. #280

    Join Date
    Jun 2006
    Location
    Wilmington,NC
    Posts
    821

    Default Re: oleg850's Account Talk

    oleg
    i hope your right. i have been long with it and want to see the $700s again. not right away but eventually.


    Quote Originally Posted by oleg850 View Post
    I see AAPL closing that gap real soon, and then some. Been an absolute monster through these declines.

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  9. #281

    Default Re: oleg850's Account Talk

    Quote Originally Posted by oleg850 View Post
    I see AAPL closing that gap real soon, and then some. Been an absolute monster through these declines.
    Funny you should post this today. Just picked up a good chunk for at least a short term trade for the same reason.
    CURRENT ALLOCATION: 100% I AS OF C.O.B. 5/22/2017

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  11. #282

    Default

    DCA'd into some SFXE at $8.42

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  13. #283

    Default Re: oleg850's Account Talk

    Quote Originally Posted by oleg850 View Post
    DCA'd into some SFXE at $8.42
    What does DCA' D mean?

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  15. #284

    Join Date
    Mar 2009
    Location
    Colorado
    Posts
    1,827

    Default Re: oleg850's Account Talk

    dollar cost average

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  17. #285

    Default Re: oleg850's Account Talk

    Dollar Cost Average (DCA)'d. I've bought and sold this thing for a few months, generally for $1 gain (per share) increments. Most recently I have bought small lots at $10, $9.15, and $8.42 (today). This is super speculative, but with all the Electronic Dance Music (EDM) festivals popping up across the country, and my personal experience and interest in this music genre, I feel this will have a super run into next summer. The plan is to continue taking profits in $1 gain (per share) increments, keeping a small core position for the long haul. Part of my long term investment portfolio.

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  19. #286

    Default

    Oleg, do you average in across the board with all trades or do you ever jump in 100% (of what you are dedicating for the Whole trade anyway)

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  21. #287

    Default Re: oleg850's Account Talk

    So is the system remaining in CASH or going LONG?

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  23. #288

    Default

    System remains in CASH today, maybe tomorrow.

    XIV up 7% from my original entry. Going to keep holding that. I will add TNA once the System flips long.


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