Good time to short

Discussion in 'Shares & Funds' started by Sackie, 24th Feb, 2022.

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  1. Sackie

    Sackie Well-Known Member

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    Another down night for US markets.

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  2. Sackie

    Sackie Well-Known Member

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    Agree the 30k is a level once broken.....things will be looking very interesting. Dow looks like it's bleeding slowly towards the 30k. Maybe by end of next week.
     
    Last edited: 20th May, 2022
  3. Sackie

    Sackie Well-Known Member

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    Oh boy, what a end to the week. The bloodbath continues tonight. Nasdaq and Dow look like they could be entering free-fall territory. Will be interesting to see how markets close.

    Time to transfer out and lock in more profits from my short stocks.



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    Last edited: 21st May, 2022
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  4. Sackie

    Sackie Well-Known Member

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  5. ozhiker

    ozhiker Well-Known Member

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  6. Sackie

    Sackie Well-Known Member

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    Interesting night for the indexes. In the last 2 hours they made back much of their losses in the day except for the nasdaq. Many of the stocks however weren't so lucky and ended the day with their loses.

    Screenshot_20220521-062143_Chrome.jpg
     
  7. Sackie

    Sackie Well-Known Member

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    Weeks ahead certainly look to be interesting. I personally like to see everyone invested in anything (legal) do well...but life unfortunately doesn't work that way.
     
  8. Sackie

    Sackie Well-Known Member

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  9. The Artisan

    The Artisan Well-Known Member

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  10. Sackie

    Sackie Well-Known Member

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    Wouldn't surprise me.
     
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  11. ozhiker

    ozhiker Well-Known Member

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    nasdeck (sic) getting hammered - can i revise my S&P estimate to 2900? :D
     
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  12. Piston_Broke

    Piston_Broke Well-Known Member

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    New home sales down 16.6% MoM...
    downdown.png
     
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  13. Piston_Broke

    Piston_Broke Well-Known Member

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    One of the reason people don't buy when big drops or crashes happen is that they wait till it drops more. Most times it spikes down and back up just as fast.

    S&P500 preditcions:
    Sackie 3439
    PB 3380
    Ochiker 3000
     
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  14. Sackie

    Sackie Well-Known Member

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    Been busy adjusting SL and adding to some stocks shorts.


    Very early in the night....but oh what a bloodbath.
     
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  15. Sackie

    Sackie Well-Known Member

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    Nasdaq is already in deep bear market territory. Main reason why I've gone hard adding to shorts on tech stocks.

    On my 3rd cup already. Hopefully the night ends with Sp500 and Dow in bear market territory. It dipped there last week but pulled out. Let's see tonight.

    Also keep eye on btc.
     
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  16. Sackie

    Sackie Well-Known Member

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  17. Piston_Broke

    Piston_Broke Well-Known Member

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    Big fall for the big corps.
    Snap is not considered large and yet it's market cap fell 15B today :eek:
    65df464dfb.png
    If I was into long term buying of US tech stocks I'd probably be hunting what to buy right now as my target would be 11000
     
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  18. ozhiker

    ozhiker Well-Known Member

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    Snap! - Miranda could be not happy Jan lolz ;)
     
  19. Sackie

    Sackie Well-Known Member

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    I've added CZR to shorts.
     
  20. Piston_Broke

    Piston_Broke Well-Known Member

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