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Old 02-22-2022, 07:50 PM   #3301
Rex Phinney
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Home Depot comes out with a beat on earnings and the stock plummets 8%.


It's starting to feel like people are heading for the exits
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Old 02-22-2022, 07:50 PM   #3302
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I'm actually starting to think we're in for a pretty nice bounce soon...but I'm not there quite yet
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Old 02-22-2022, 07:57 PM   #3303
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I'm actually starting to think we're in for a pretty nice bounce soon...but I'm not there quite yet
Get there...Get there...Get there....
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Old 02-22-2022, 08:00 PM   #3304
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The volume indicators I watch on futures came very close to saying you should get out of any shorts...but it didn't quite get there and I'm going to wait a little longer before I make the official call...

If I had the balls, I'd still be short from 4478 which was 154 points ago (or $7,700 profit per contract)

FML
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Old 02-23-2022, 01:23 AM   #3305
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I'm actually starting to think we're in for a pretty nice bounce soon...but I'm not there quite yet
False alarm...for now...
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Old 02-23-2022, 08:17 AM   #3306
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these markets need to get a big rebound in the next 2 days and hold the gains. otherwise, it will be in for another huge leg downtown.
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Old 02-23-2022, 08:45 AM   #3307
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these markets need to get a big rebound in the next 2 days and hold the gains. otherwise, it will be in for another huge leg downtown.
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Old 02-23-2022, 12:52 PM   #3308
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Looked promising early this morning...


turned to crap once again....
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Old 02-23-2022, 01:02 PM   #3309
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Looked promising early this morning...


turned to crap once again....
this market is going sideways right now, not good for longs. next week might be the eve of destruction.
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Old 02-23-2022, 02:26 PM   #3310
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this market is going sideways right now, not good for longs. next week might be the eve of destruction.
Sideways?


I think its time to get out.....
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Old 02-23-2022, 02:37 PM   #3311
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It's definitely not time to cover any shorts...lol
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Old 02-23-2022, 02:37 PM   #3312
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Sideways?


I think its time to get out.....
i was thinking that the markets were going to drop 40% off the top or more, or much much more by the end of March.. so far its down over 10% off the top. i am staying short for now and not fooling around trading it back and forth. i am short individual stocks, not indes.
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Old 02-23-2022, 03:25 PM   #3313
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Sideways?


I think its time to get out.....

The time to get out was last month after the Santa Clause rally ended.


We hit the 10% number so I'm buying back shit in smallish quantities the last two days
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Old 02-23-2022, 04:31 PM   #3314
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Home Depot comes out with a beat on earnings and the stock plummets 8%.


It's starting to feel like people are heading for the exits
this turned out to be the greatest post for me in the history of PA. i wound up shorting LOWES today after they reported great earnings that everyone loved. the stock gapped up $8 and then proceeded to go south from there and i suspect a lot more south in the cards for this baby.
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Old 02-23-2022, 05:42 PM   #3315
Rex Phinney
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this turned out to be the greatest post for me in the history of PA. i wound up shorting LOWES today after they reported great earnings that everyone loved. the stock gapped up $8 and then proceeded to go south from there and i suspect a lot more south in the cards for this baby.

Anything with a big run in the green right now seems to be short lived.



Retailers and home improvement joints got ridiculous support during COVID. I think they have a bit of ugly unwinding todo for sure.
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