pthomas215 1,251 posts msg #135672 - Ignore pthomas215 |
4/28/2017 12:07:20 PM
indeed there is some truth to that, especially the no real direction. i.e. markets follow news cycles and news is up and down on a daily basis. i usually recommend real estate investment to those that dont know the markets.
That said, Im probably taking 1000 SLV @ 16.28 if I can get it. Looks good on paper.
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shillllihs 6,047 posts msg #135674 - Ignore shillllihs |
4/28/2017 12:18:00 PM
Real estate is great for a base income but I have 7 sources of income.
My online business is a money tree producing serious bank that's growing 600% a year. Online is the wave of the future.
The market is just my recreation.
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shillllihs 6,047 posts msg #135678 - Ignore shillllihs |
4/28/2017 1:25:30 PM
That ETF OIL acts like it's leveraged but I don't think it is. I'd be wary of shorting Sco or going long OIL.
Odd performers. Plus 12% borrowing fee on SCO. Was ready to SHORT SCO but I have some DWT already. What do you think PT? You're the expert.
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pthomas215 1,251 posts msg #135680 - Ignore pthomas215 |
4/28/2017 1:51:32 PM
chicago shillihs, it is almost as if you were watching my trading today from chi town. so pissed off right now, got into UWT at 17.7, then bailed on the trade at 17.30 or so. Im done with Oil. this is the 3rd time I have eaten consolidation as soon as I take down oil. I just dont trust it. you wrote that when I mumbled to myself "never going to get in Oil again". fluctuates too much. Now that said, of course as I pull up UWT i see price rising with BB getting tighter. if i were still in the trade i would stay until at least Monday. Thanks shillihs. I'm already on Lisinopril without the reminder of my shitty trade. ha.
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shillllihs 6,047 posts msg #135682 - Ignore shillllihs |
4/28/2017 3:10:03 PM
Oil has always been the most manipulated followed by metals.
Would rather play Xiv/Tvix as it seems to be the most consistent.
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shillllihs 6,047 posts msg #135730 - Ignore shillllihs |
5/3/2017 1:31:04 PM
Thoughts for today,
SHORT DUST & DSLV
That's what my filter says and it's 110% accurate. Ride out the down, it will come back.
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shillllihs 6,047 posts msg #135740 - Ignore shillllihs |
5/4/2017 10:24:11 AM
Off to Cubs, Philadelphia today and Cubs, Yankees tomorrow. 2nd row 1st base line.
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shillllihs 6,047 posts msg #135826 - Ignore shillllihs |
5/10/2017 12:20:07 PM
Out of XIV, still short DWT, DUST. Balls of steel.
Could this be the swoon?
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shillllihs 6,047 posts msg #135827 - Ignore shillllihs |
5/10/2017 12:21:01 PM
And short DSLV.
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shillllihs 6,047 posts msg #135846 - Ignore shillllihs |
5/11/2017 11:50:07 AM
Will be spending the middle of June in Paris. I do love outdoor cafes but doing it for the wife. Let's see what all the hypes about.
Still holding DWT DUST DSLV short.
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