Re: Financial topics
Posted: Mon Jun 01, 2020 10:38 pm
Generational theory, international history and current events
https://www.gdxforum.com/forum/
https://www.zerohedge.com/markets/sp-tr ... ma-gravityAnd for those asking at what point does gamma turn negative, there is a good 120 points to the downside before selling becomes self-reinforcing, with Gamma flipping negative at a spot price of 2,938.
As the market moved higher the past few days, I lost all that I made in the sheep shear zones over the past month. I will probably make another attempt to catch a crash tonight and tomorrow.Higgenbotham wrote: Fri May 22, 2020 8:15 pmI had a long run of success in the sheep shear zones, but ended today holding some inverse ETF (19% of my account) and down $460 on the day. This happened because I expected more of a selloff at day end to close the position and didn't get it. I like the idea of being short a little more over the weekend, but the inverse ETFs decay with sideways activity, especially when the market is in contango, so that has to be watched. Inverse ETFs will be a wonderful thing if the market crashes straight down right after you enter, but that would probably be expecting too much.Higgenbotham wrote: Wed May 20, 2020 4:53 pm That doesn't include what I've traded out of the sheep shear zones.