Kevin_in_GA 4,599 posts msg #133660 - Ignore Kevin_in_GA |
1/10/2017 1:37:03 PM
Funny - I'm short DUST at the same price.
Game on.
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shillllihs 6,049 posts msg #133661 - Ignore shillllihs |
1/10/2017 1:42:09 PM
I'm not looking for 2%, I'm going for 50% by Feb.
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Kevin_in_GA 4,599 posts msg #133662 - Ignore Kevin_in_GA |
1/10/2017 2:50:33 PM
Well, then we can both make a profit. My exit on this is at $36.50, and it almost hit that already today.
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shillllihs 6,049 posts msg #133663 - Ignore shillllihs |
1/10/2017 3:08:01 PM
Amazing you can hold out and not sell for profit. I would have pulled the trigger but that's just the nature of an impulsive Greek.
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Kevin_in_GA 4,599 posts msg #133666 - Ignore Kevin_in_GA |
1/10/2017 3:57:53 PM
MOC order to close my short on DUST. Made about $250 so all is okay with taking it off the table. This was a one day trade anyway.
Good luck.
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shillllihs 6,049 posts msg #133668 - Ignore shillllihs |
1/10/2017 4:26:24 PM
Short Xiv seems like the play.
No trade yet.
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shillllihs 6,049 posts msg #133669 - Ignore shillllihs |
1/10/2017 4:27:41 PM
Since you made a small play, holding must have been easier. Thanx.
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pthomas215 1,251 posts msg #133670 - Ignore pthomas215 |
1/10/2017 4:29:29 PM
shillihs...I know you like shipping....DRYS is looking nice and weak lately !
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shillllihs 6,049 posts msg #133671 - Ignore shillllihs |
1/10/2017 5:18:46 PM
I would not touch it, but if you know something I don't, go for it.
Though Greece may be recovering. I just had to send my father 2k
for lawyers to evict a tenant. You want to move to a Greek island and open a car rental & atvs?
I have plenty of land.
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Kevin_in_GA 4,599 posts msg #133674 - Ignore Kevin_in_GA |
1/10/2017 9:43:57 PM
My position sizes are based on the Van Tharp code I posted for you earlier - the ATR(20) for DUST is pretty large. I use a $1000 drawdown as the point where I double down, once only. So on DUST I shorted 250 shares at $38 and was ready to short another 250 shares at $42 (didn't have to).
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