Invesco QQQ Trust Stock Discussion

intuitive Jackal_354 : no it has a big resistance level at 495 to 500 that will be hard to break threw

intuitive Jackal_354 : best to hope for a gap up overnight

74830086 intuitive Jackal_354 : it won't. it will be sell and buy back tm. Will be slow

intuitive Jackal_354 OP : but I still managed to squeak out profit both up and down

70141151 : It looks like the gap will be filled after the end of 0date.

iasktoomanyquestions OP : XL orders are buying up butbeveryone else is selling so I'm fucking lost

101652906 : bill gate eating durain in Singapore

73376462 : Trump wants to add tax to wealthy people and PE/VC manager

Tyler0710 : It's too far.

ML Bull : man, your luck in calling these swings is just unfortunate right now. I'm glad I sold all my calls and put a couple grand in puts earlier

intuitive Jackal_354 OP ML Bull : bro I trade both sides, buy my call early and when it pushes up buy my . kinda like insurance in case my call goes against me. kinda like a straddle but 2 separate buy orders, then hold both overnight and wake up to a nice profit. only works when the market is volatile

ML Bull : oh I know all about that and have done it plenty but only with an elevated vix. now I'm, for the most part, long stocks, short index with the exception of following Trump's pressers. if he signals something supportive, he's going to do it, so I'm rolling with it and have also gotten lucky like buying calls before big announcements. I've just been on the otherside of that too and I didn't mean it as a shot at you, I meant it sympathetically

intuitive Jackal_354 OP ML Bull : not a problem, no offense taken. just thought it would be easier to understand why I'm cheering to one side then the other. I tried to just buy stocks but found it difficult to generate significant gains short term. for some reason making a lot of comments helps me clarify things for myself, that's why you'll see me comment on my own posts. thanks for understanding, we all want the same thing but different roads to get there

Still poor : ?

EZ_money OP : let the real pain begin

ML Bull : are you serious? can you really not see how that might be a good thing for negotiations? who do you think needs those ports full of Chinese goods more, the US or China?

EZ_money OP ML Bull : it's not good for the economy after already having a quarter being in negative GDP. another quarter is recession. prices are going higher. stagflation then recession is my prediction

73860685 EZ_money OP : probably work out as well as your prediction for bitcoin