Post by
manxcan on Apr 22, 2016 9:56am
May June
Looks like time we get the swing on DUST to upside. I am holding 20% once I buy either HVU UVXY combo. backed out with upside in hand. I noted Apple earnings come out Friday after the close. Others MSFT, XOM, Baba up slightly on earnings.
See this as better to trade next Monday late day through to Wednesday.
Enjoy weekend, Cheers Manxcan
Comment by
boss_waz on Apr 22, 2016 1:25pm
Great info...thanks for that...but its beyond my understanding. Commercial shorts being high...doesent that mean more risk protection against falling prices? Does that imply falling prices because of falling dollar...or how does that translate into rising dollar (and falling gold...and rising DUST)?
Comment by
boss_waz on Apr 22, 2016 1:28pm
Oh and also, would that not lead to higher Volatility...ie VIX? Or better yet...the Vix futures are shouting less volatility...yet commercials are shorting more in anticipation of falling proces...or hence higher volatility...wtf?
Comment by
boss_waz on Apr 22, 2016 1:36pm
And finally...if I havent driven you nuts yet...techniclly DUST has been dragging the bottom for weeks now...and its likely due for a significant bounce...do you see this ending anywhere near $10-15 100/200 dma...(pre-split)...or better yet...where is your exit?
Comment by
TheCapitalistBear on Apr 22, 2016 1:40pm
Link to the main Committment Of Traders window on BarChart here, if people don't have it/use it. To run other major markets and see what the big guys are doing. https://www.barchart.com/futures/cot.php
Comment by
boss_waz on Apr 22, 2016 2:06pm
Thanks again.... Maybe we keep it simple...markets generally go up in an election year...and leave it at that...lol