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Thread: StingrayIII Account Talk

  1. #13

    Join Date
    Jan 2009
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    Default Re: StingrayIII Account Talk

    Talk about stupid luck. Got out of $NAK yesterday was waiting for the dip, CEO resigned over some tapes made about the company.
    Market was looking bad this morning so I went into Direxion Daily Junior Gold Miners Index. Glad I did.

    Still Very Bearish, Looks like the market was hoping for another round of stimulus and don't think we will see one anytime soon. With RBG passing away and the seat being filled asap. I see no deal toward stimulus.

    Staying in G Fund, Might pop over to F Fund in a few days I want to do my DD first.

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  3. #14

    Join Date
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    Default Re: StingrayIII Account Talk

    WKHS has my interest. Hard to stomach paying $22 for it when it was $2 6 months ago though.

  4.  
  5. #15

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    Default Re: StingrayIII Account Talk

    Start of a sell off this week? My spider sense is tingling. To many unknowns with everything. Stimulus seems a no go, the virus is hitting back it seems, China being stupid. And so forth.

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  7. #16

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    Jan 2009
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    Default Re: StingrayIII Account Talk

    https://nz.wallmine.com/news/2435gm/...-ratio-to-zero

    Anyone thoughts on this? Wouldn't it cause the Dollar to rise?

  8.  
  9. #17

    Join Date
    Sep 2006
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    Default Re: StingrayIII Account Talk

    Futures are up, in some cases strongly.

    Quote Originally Posted by stingrayiii View Post
    Start of a sell off this week? My spider sense is tingling. To many unknowns with everything. Stimulus seems a no go, the virus is hitting back it seems, China being stupid. And so forth.
    Weatherweenie's Account Talk
    Expected retirement date: November 2023

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  11. #18

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    Default Re: StingrayIII Account Talk

    Crazy day today.


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  13. #19

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    Default Re: StingrayIII Account Talk

    Quote Originally Posted by stingrayiii View Post
    https://nz.wallmine.com/news/2435gm/...-ratio-to-zero

    Anyone thoughts on this? Wouldn't it cause the Dollar to rise?

    Well it is rising today.

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  15. #20

    Default Re: StingrayIII Account Talk

    Good article! Very interesting. China wants its Yaun to appreciate against the Dollar because the Chinese are short on Dollars, which they require to do business with many foreign nations and companies that require business transactions to be made in US Dollars.

    Read about that shortage recently in another article. So, reducing the percentage that the Chinese banks require as reserves frees up Yaun that goes into circulation. Thus, Chinese businesses have more Yaun to exchange for Dollars to then be used for transacting...or so I understand.

    eeeee... I dislike thinking about this topic, but when and how will this affect us and cause us to wake one Monday morning to find out China did something overnight and our market is now falling into a pothole?
    Last edited by DreamboatAnnie; 10-13-2020 at 10:56 PM.
    Please don't take my comments as trading advice /IFTs: 11-30-20=100%G / Prior: 11-5-20=65G,35S; 10-30-20=100/ ChartLinks=Pg241-242,#2892-2895/www.theepochtimes.com

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  17. #21

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    Default Re: StingrayIII Account Talk

    =eeeee... I dislike thinking about this topic, but when and how will this affect us and cause us to wake one Monday morning to find out China did something overnight and our market is now falling into a pothole?
    Could very well happen. Looks like they are preparing for war with us now.

    https://thehill.com/policy/defense/5...r-preparations

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  19. #22

    Join Date
    Jan 2009
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    Las Vegas
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    Default Re: StingrayIII Account Talk

    Very bearish till election. Sitting in SQQQ since Monday evening, and still in G Fund.
    Good luck people. Lets see how the next few days play out.

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  21. #23

    Default Re: StingrayIII Account Talk

    The Chinese sense weakness right now with upcoming election. Good time to try making advances. So Trump's response shows strength and let's them know the election will not prevent him from taking action, if necessary. Great move!
    Please don't take my comments as trading advice /IFTs: 11-30-20=100%G / Prior: 11-5-20=65G,35S; 10-30-20=100/ ChartLinks=Pg241-242,#2892-2895/www.theepochtimes.com

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  23. #24

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    Jan 2009
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    Las Vegas
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    Default Re: StingrayIII Account Talk

    I have been up in the mountains for the last four days. What did I miss?
    Sure was great to get away and not worry about the world.

    Anyway, Still in G Fund, and popped out of SQQQ while I was gone.
    Will see what happens with Google Antitrust, and Stimulus. Then go from there.

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