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Trade Recap

jadep — Sat, 09 Feb 2019 18:17:25 +0000

I’ve been stopped out of the market. I’ll give an analysis below. First a trade recap. We’ll start with an account balance of $3600 to make it easy. Bought at $36. Sold at $49.50. Profit: $1350 Bought at $40. Sold at $36. Loss of $400. Net Profit: $950 Percent return: $950 / $3600 = 26%...

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Market Update

jadep — Sat, 12 Jan 2019 16:32:50 +0000

I’m writing this while also looking at the charts. My current situation is that I am out of the market. I bought SDS at $36.11, and sold at $49.75. I was actually a pig and should have gotten out sooner. My trade executed after-hours, and we rallied the next day. Even though I escaped with...

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Extension Underway

jadep — Tue, 25 Dec 2018 01:13:11 +0000

Well that changed fast. Luckily I’m still short. We are in Wave 3 of 3 of A, i.e. the bear market has extended. We should get a small relief rally, and then a final sell off to complete Wave A. Then a more significant rally, and a final push lower, Wave C. 1600-1800 is now...

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Wave 3 Underway

jadep — Tue, 18 Dec 2018 23:45:10 +0000

We are currently in a Wave 3 with some room to go lower. It looks like there is room for an extension, but for now 2400 looks like a good target to cover shorts. I think we could get a wave 4 rally back to around 2600, then the final push to around 2400 As...

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Found the Lehman

jadep — Fri, 16 Nov 2018 23:34:41 +0000

I think I’ve found the Lehman Bros. It’s GE. Keep an eye on them. They are getting hammered.

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Podcast: Ep. 52 Election Massacre

jadep — Mon, 12 Nov 2018 04:27:08 +0000

My analysis of the election results. Download Link: http://traffic.libsyn.com/catholicsubsidiarity/Ep_52_Elections.mp3

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Short Again

jadep — Fri, 09 Nov 2018 18:31:29 +0000

SDS at $36.11. Looks like the S&P topped out at 2815. Current “model” target of 2400, which I’ll tighten up for a sell target. I’ll study it today and put the limit sell order in. A rally here that breaks above 2900 proves me wrong, so that is my stop loss. Major threat is a...

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Back to 2800

jadep — Wed, 07 Nov 2018 19:59:47 +0000

Nice snap back rally. You all sold half, right? Right? Fear getting replaced by greed, the binary dance of the stock market. Anyhow there are two technical levels, 2832 and 2850. My “model” says one of those will end the snap back rally. I’m marking 2750 as an entry to get short again with an...

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All Quiet on the Western Front

jadep — Mon, 05 Nov 2018 23:24:27 +0000

Market is in the middle of the relief rally. We hit the 2750 level, so hopefully those who were looking to sell half got out. We’ll see what happens Wednesday. Since we all love predictions, I’m going to predict that the Repubs keep the House. Even if that were to occur, I think you can...

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Rally!

jadep — Wed, 31 Oct 2018 14:55:04 +0000

Pretty explosive rally finally. And now your fear turns to greed. I’m actually evaluating it to look for a short entry. Elections kind of screw things up. I don’t want to short and then have the Red Wave hit. Do you want to get greedy and have the Repubs lose the House by one representative...

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