Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board

Go Back   Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board > Off Topic > Off Topic - Trading The Financial Markets


Reply
 
Thread Tools Rating: Thread Rating: 9 votes, 4.11 average.
Old 09-12-2021, 10:02 AM   #2866
PaceAdvantage
PA Steward
 
PaceAdvantage's Avatar
 
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 72,770
My guess would be a slow and steady slide into the abyss.

But it still might take a while...this coming week is probably pretty key

I don't really care what the long term direction is. I don't hold overnight...
__________________
@paceadvantage | Support the site and become a today!
PaceAdvantage is online now   Reply With Quote Reply
Old 09-12-2021, 10:34 AM   #2867
geroge.burns99
Registered User
 
Join Date: May 2021
Posts: 497
Quote:
Originally Posted by PaceAdvantage View Post
My guess would be a slow and steady slide into the abyss.

But it still might take a while...this coming week is probably pretty key

I don't really care what the long term direction is. I don't hold overnight...
Options?

I say anything more than a 10% pull back is panic time....

geroge.burns99 is offline   Reply With Quote Reply
Old 09-13-2021, 09:06 AM   #2868
geroge.burns99
Registered User
 
Join Date: May 2021
Posts: 497
Tell me something....

Who the hell invests before the bell in the mornings...??????


So many times I wake up at 7:30 and see my account way up..

just to watch a 180 to the down side during the day...

Its so frustrating...

Any thoughts?

Mike

Last edited by geroge.burns99; 09-13-2021 at 09:07 AM.
geroge.burns99 is offline   Reply With Quote Reply
Old 09-13-2021, 09:33 AM   #2869
geroge.burns99
Registered User
 
Join Date: May 2021
Posts: 497
Bell Rings....


Profit on day doubled....

Lets see....
geroge.burns99 is offline   Reply With Quote Reply
Old 09-13-2021, 12:27 PM   #2870
Secondbest
Registered User
 
Join Date: Apr 2014
Posts: 1,740
Triple witching OP EX. Week. Anything can happen
Secondbest is offline   Reply With Quote Reply
Old 09-13-2021, 12:38 PM   #2871
geroge.burns99
Registered User
 
Join Date: May 2021
Posts: 497
Quote:
Originally Posted by geroge.burns99 View Post
Bell Rings....


Profit on day doubled....

Lets see....

Typical shit again...

12:30 gave away 75% of the profits...


geroge.burns99 is offline   Reply With Quote Reply
Old 09-13-2021, 03:00 PM   #2872
geroge.burns99
Registered User
 
Join Date: May 2021
Posts: 497
3PM ALL days profits....GONE!!!!
geroge.burns99 is offline   Reply With Quote Reply
Old 09-14-2021, 02:43 AM   #2873
PaceAdvantage
PA Steward
 
PaceAdvantage's Avatar
 
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 72,770
Gotta say...the daily chart is looking no different then it has since the COVID crash ended...so...do nothing until the chart tells you to.
__________________
@paceadvantage | Support the site and become a today!
PaceAdvantage is online now   Reply With Quote Reply
Old 09-14-2021, 06:51 AM   #2874
geroge.burns99
Registered User
 
Join Date: May 2021
Posts: 497
Quote:
Originally Posted by PaceAdvantage View Post
Gotta say...the daily chart is looking no different then it has since the COVID crash ended...so...do nothing until the chart tells you to.
What chart that might be......not my physical chart ?????

I do need to watch my health....


Would you believe after 3PM , it ended back up to what I had in the morning

Mike

Attached Images
File Type: jpg l.JPG (14.0 KB, 35 views)
geroge.burns99 is offline   Reply With Quote Reply
Old 09-14-2021, 09:08 AM   #2875
PaceAdvantage
PA Steward
 
PaceAdvantage's Avatar
 
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 72,770
Daily chart of S&P futures of course. What other chart is there?

PS that was an interesting high volume day on the S&P futures yesterday...biggest "green volume" day since May when it was bouncing off the 50-day moving average.

We weren't near the 50-day yesterday...

Good luck to shorts if we break yesterday's high and close above the 20-day average again
__________________
@paceadvantage | Support the site and become a today!

Last edited by PaceAdvantage; 09-14-2021 at 09:15 AM.
PaceAdvantage is online now   Reply With Quote Reply
Old 09-14-2021, 10:43 AM   #2876
PaceAdvantage
PA Steward
 
PaceAdvantage's Avatar
 
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 72,770
Well...I didn't really expect this nosedive after the open...this 50MA is really going to be a major player the next few days...

S&P has only closed below the 50day twice since November 2020...
__________________
@paceadvantage | Support the site and become a today!
PaceAdvantage is online now   Reply With Quote Reply
Old 09-14-2021, 12:49 PM   #2877
geroge.burns99
Registered User
 
Join Date: May 2021
Posts: 497
Quote:
Originally Posted by PaceAdvantage View Post
Well...I didn't really expect this nosedive after the open...this 50MA is really going to be a major player the next few days...

S&P has only closed below the 50day twice since November 2020...
MACD is not looking good.....

biggest RED since June and approaching 50 DAY MA

Attached Images
File Type: jpg 2.JPG (15.7 KB, 3 views)
geroge.burns99 is offline   Reply With Quote Reply
Old 09-14-2021, 05:29 PM   #2878
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 21,657
the co-founder of Facebook just invested $72 million in Asana (ASAN) yesterday. the stock shot up about 10%.


there is another move from Nancy Pelosi's husband Paul into an acquisition company called International Media Acquisition. this looks like its a SPAC deal where they are going to acquire some other company. Nancy and her husband never miss on these. this deal is at its early stages. i did well with another SPAC about 18 months ago with MP Materials.
lamboguy is online now   Reply With Quote Reply
Old 09-14-2021, 07:41 PM   #2879
geroge.burns99
Registered User
 
Join Date: May 2021
Posts: 497
Quote:
Originally Posted by lamboguy View Post
the co-founder of Facebook just invested $72 million in Asana (ASAN) yesterday. the stock shot up about 10%.


there is another move from Nancy Pelosi's husband Paul into an acquisition company called International Media Acquisition. this looks like its a SPAC deal where they are going to acquire some other company. Nancy and her husband never miss on these. this deal is at its early stages. i did well with another SPAC about 18 months ago with MP Materials.
Stock took off Sept 1ST...went up almost 50% in 2 weeks.....

Software companies are always in line to be bought....

This info would have been better on the 1st to watch and buy...

Is it too late now????
geroge.burns99 is offline   Reply With Quote Reply
Old 09-14-2021, 09:25 PM   #2880
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 21,657
Quote:
Originally Posted by geroge.burns99 View Post
Stock took off Sept 1ST...went up almost 50% in 2 weeks.....

Software companies are always in line to be bought....

This info would have been better on the 1st to watch and buy...

Is it too late now????
unfortunately you don't get the info fast enough, but someone obviously does. i am just pointing out how tough this game is.

in the back of your mind, you are saying that you missed the wedding, so now you don't want to be around for the funeral.

my only answer to that is that to play these things you have to be able to have a good risk-reward planned out. the main problem is that there is always a possibility of a big gap down before the market opens and you can't act fast enough.
lamboguy is online now   Reply With Quote Reply
Reply




Thread Tools
Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

» Advertisement
» Current Polls
Wagering Pool with best chance to find an overlay.
Win - 36.36%
20 Votes
Place - 3.64%
2 Votes
Show - 9.09%
5 Votes
Exacta - 30.91%
17 Votes
Trifecta - 7.27%
4 Votes
Superfexta - 1.82%
1 Vote
Pick(x) - 10.91%
6 Votes
Hi 5 Pentafecta - 0%
0 Votes
Total Votes: 55
This poll is closed.
Powered by vBadvanced CMPS v3.2.3

All times are GMT -4. The time now is 01:26 AM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2021, vBulletin Solutions, Inc.
Copyright 1999 - 2021 -- PaceAdvantage.Com -- All Rights Reserved
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program
designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.