This market.... and the wild and crazy ride it's giving

Boy O Boy!!!!

This market is just wild and crazy right now. Has been for several days. Things are just VERY volatile right now. Keep your head on a swivel for sure. I wasn't thrilled about the Fed rate hike, but we all knew it was coming..... eventually.

R

Trade banks and/or credit cards on that news
I have LOVED SQ!

Honestly, I'm just really enjoying the volatility. It just gives me more opportunities really. I get to be more selective.

Yes, this market is great for how I trade. Once you blow off the froth you can get to the real taste. It is going to be a bumpy ride. How long? Watch the larger moving averages. Cross overs will let you know.

Hahahaha.... "blow off the froth". That's so funny and true. It's gonna be bumpy for a while, you are right again. Getting whipsawed is a real thing too. Many don't believe it until they see it for themselves.

"Blow off the froth" I learned that from my cousin who lives in Wales. I don't get much froth off ginger ale my drink of choice. Anyway, today traded OXY at 9:52 AM 5 contracts for $4.20. Put in a GTC for .50 up and out at 9:59. Profit $322.50. Done for the day. Why OXY? I waited for my moving averages and then this.....[www.cnbc.com]

Darcy3 Wrote:
-------------------------------------------------------
> "Blow off the froth" I learned that from my cousin
> who lives in Wales. I don't get much froth off
> ginger ale my drink of choice. Anyway, today
> traded OXY at 9:52 AM 5 contracts for $4.20. Put
> in a GTC for .50 up and out at 9:59. Profit
> $322.50. Done for the day. Why OXY? I waited for
> my moving averages and then
> this.....[www.cnbc.com]
> ffett-scoops-up-another-1-billion-in-occidental-sh
> ares-bringing-total-stake-to-7-billion.html


I love your posts Darcy, thank you for sharing.

Thank you flsupraguy. Traded NVDA today @ 9:40 3 contracts $13.10. Put in a GTC for 13.60 sold out @ 9:45 for 14.40. Done for the day. Used a 5 and 8 chart for entry after looking at 13 for room to move up and GW's settings on Stoch RSI on 21 and 34. I could have remained right now @ 11:24 could have sold for 22.55. No I am happy to be out with my brick. It would have been a $2,835 profit...



Edited 1 time(s). Last edit at 03/24/2022 10:28AM by Darcy3.