etftalk's Account

[JTH]

Wow, you hit the sweet spot on that exit I couldn't have timed it any better if I tried 10 times in the last hour

[Gumby]

Sold SPY @ 77.70.

Seemed like a lucky number, and I still have SSO working on the long side.

Congrats on another great trade

[etftalk]

Wow, you hit the sweet spot on that exit I couldn't have timed it any better if I tried 10 times in the last hour

Thanks guys. It actually got up to 77.95, but I was just happy to get out of that one with a gain after what happened Monday.

[etftalk]

I would be looking to reenter SPY here at the 76.00 area, but I am going to pass because I have to run and can't watch it. It could get wild. My stop would be near 74.50. No position.

[etftalk]

Bought UCO @ 5.95

Sold UCO @ 7.17

[Gumby]

Sold UCO @ 7.17

Tom,

That was a great trade. I haven't been following the UCO but it looks like I need to.

[etftalk]

I would be looking to reenter SPY here at the 76.00 area, but I am going to pass because I have to run and can't watch it. It could get wild. My stop would be near 74.50. No position.

I went to have coffee with some friends. I'll have to let them know how much they cost me. Ironically, I just saw 77.77 go by the ticker - the lucky numbers again. Oh, well. We can't worry about the ones that got away. Next trade!

[etftalk]

I actually hate the chart on this puppy as oil looks pathetic. But I am playing this as play on a potential snap-back rally in stocks - possibly before the end of this options expiration week, or next week. Oil could run up 15% to 20% in no time, and this ultra ETF would really benefit. And yes, there is a big gap near 7.40.

I won't thank show-me yet for the heads up on this one, but hopefully next week we will be high fiving each other.

show-me - consider yourself high fived!

[Show-me]

show-me - consider yourself high fived!

Right back at ya! Nice trade.

[etftalk]

Bought GDX @ 32.50 - My stop loss is currently 30.90

This should act as a slight hedge on my open SSO position.