shillllihs
6,088 posts
msg #138788
- Ignore shillllihs
modified |
10/21/2017 3:50:15 PM
Seems like the powers like to choose 1 commodity to manipulate at a time. Last time it was gold, now it's oil. Symbol OIL meets a lot of my value criteria for ETFs. Under 10 bucks, down for a long time and could be headed for 50. But overall, I like sticking with what I know best, and that's volatility.
|
ron22
255 posts
msg #138802
- Ignore ron22 |
10/23/2017 10:19:55 AM
four, " short each inverse etf that is higher than its counter part". Higher in what way? Price does not work. Dgaz is at $24.35 and Ugaz is at $11.06. 99% of the time Dgaz will be higher than ugaz whether it is trending up or down. Please clarify. Thank you. Your input on SF is awesome!
four
3,949 posts
msg #138723
- Ignore four
modified
10/16/2017 1:01:18 PM
Kindly post a few previous dates/trades. Thanks, I'd like to take a look a the timing and charts.
--
Added to my little free money strategy. Short DGAZ DSLV DGLD in equal parts.
This is gas money but at least my gas will be free. What I do is short a small amount in each inverse etf that is higher than its counter part. This may spike but ultimately will most likely be down 50-99% in a year.
It's free money, relatively safe, so I scoop it.
|
shillllihs
6,088 posts
msg #138803
- Ignore shillllihs |
10/23/2017 10:20:06 AM
Let's do a truck load of 1x GDXJ 32.93
|
shillllihs
6,088 posts
msg #138804
- Ignore shillllihs |
10/23/2017 10:40:59 AM
I will sell GDXJ at 35 probably in 5 weeks.
|
shillllihs
6,088 posts
msg #138805
- Ignore shillllihs
modified |
10/23/2017 11:30:24 AM
Ok, what I'm saying is if the inverse is higher than its long counterpart, I find it's more apt to drop and eventually cross the long. I also find shorting the inverse is a better play in the long run. Plus I also think prices will not be as prone to fall as fast with commodities as they are to rise. Also, inverse ETFs that gap up,have filled the gap 100% of the time. Look it up. May take awhile though. I think I got all this right, gets confusing talking about inverse ETFs.
|
shillllihs
6,088 posts
msg #138807
- Ignore shillllihs |
10/23/2017 1:00:39 PM
Sold half GDXJ 33.26, rebought 33.09
|
shillllihs
6,088 posts
msg #138809
- Ignore shillllihs |
10/23/2017 3:10:10 PM
Prediction on XIV, either it's down a little or up a lot.
|
shillllihs
6,088 posts
msg #138818
- Ignore shillllihs
modified |
10/24/2017 12:08:47 PM
I'm am so torn on Xiv. It feels like it's getting sleepy but you can't count out a move up either. Tricky right now.
|
pthomas215
1,251 posts
msg #138819
- Ignore pthomas215 |
10/24/2017 12:12:10 PM
XIV is gonna be geo political imo. tax cuts...or lack of tax cuts.
Missed a gift today on HMNY short at the bell. Looking at AMD earnings tonight...known for wide swings.
|
shillllihs
6,088 posts
msg #138820
- Ignore shillllihs |
10/24/2017 12:21:54 PM
Somehow, Xiv found a loophole in my system. Isn't that always the case. I have to wait for it to make a strong move one way or the other. At least I didn't get stuck in that big drop yesterday.
|