Post by
manxcan on Mar 16, 2018 3:55pm
The Gut Feeling
I have exited a good number of trades because intuition or experience says play it safe. Frankly here my gut feeling and intuition says UVXY and HVU will be 7-12% higher next week.
I really do not see argument for broad market support as prior positives are already built in to market price. What market needs is the earnings validation commencing in April. Looking at chart past 5 hours I have decided to hold 90% of position to Monday open.
just a gut feeling on week ahead.
Cheers Manx
Comment by
LongGuy on Mar 16, 2018 4:11pm
I have to agree with you Manx...market is still toppy and volatility will still be evident moving forward. hvu bounced 4 times over the day at the days low and slowly creeped up after 12:45pm to a strong finish $21.58...which also puts me at break even on my buys. I am also holding over the weekend. With VIX at $16 we could go back up $1-2 on volatility. LongGuy
Comment by
MichaelRyan on Mar 16, 2018 8:04pm
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Comment by
StockSkill on Mar 17, 2018 3:06am
You will get Kill If you Go by Feeling, it could hit $15
Comment by
MichaelRyan on Mar 17, 2018 6:23am
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Comment by
LiveInFreeWorld on Mar 17, 2018 10:44am
I recently went under $2000 on a penny stock by holding too long. I wish I held on my shares acquired at $21.32. I got the hell out and sold out on Friday.You are right. The metrics indicate that it will go green next week.
Comment by
MichaelRyan on Mar 17, 2018 11:33am
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Comment by
DSurfer on Mar 17, 2018 1:27pm
Yepper, that's what I like. Pretty confident of a green week too and saved some ammo to buy any dips. Looking forward to Monday ! Cheers DS