/biz/ - Business & Finance

>>30293335
I been shilling and calling the SOXL bottom yesterday and today, but my other holding is BILI. Called people to buy it at 114, caught close to the bottom, sure hope people listened to that one too. I am rolling in money right now, and if no retest and we confirm recovery Monday or so, I will be AMAZINGLY GREEN.

I am excited.

>>30293515
Most likely no, and if it does, don't expect it to create a new low. Recovery imminent, we bounced hard. Monday may retest levels and inevitably bounce again, or more likely go green from here. We will know more at close the likelyhood. Either way, 28's-29's was the bottom, you should of listened.

>>30226386
This doesn't sound like a bad way to look at it. Agreed at this moment, hoping we go up for it. This sounds about right to where I am saying we hold steady, climb, or fall into close for sentiment.

>>30226449
When we become this oversold over a month, historically we got very little room to go before rebounding up. It is weird because TA also dictates we should go down further, yet not only were there logical reasons I mentioned before to go up or have only 1 more down day but it is the norm too for this juncture. I think we are set to bounce off this correction, either now or after a retest tomorrow where we can finish lower but not too far into bear territory. I think this is a case overall where TA can be ignored if breaking further to the down side, but if followed and bounced off of then it will add to the bull run to follow.

>>30207425
I am down 5% overall on my tech investments about since I didn't started going heavily in until this dip past week or so. I avoided it. Made around 20% on my oil investments that I rotated out of to buy these dips now. My bags are light as a feather, I told you I am rotating, not that I was heavily invested and doubling down.

>>30207534
I already got my SU dividend recorded, so going up right after? I am fine selling. I agree as a longer hold it will go up a ton more, I plan to buy back after all. But for the short term I think tech rebound and oil correction are going to occur soon, if not together then in close proximity enough to swing some more back after riding.

>>30207627
Exactly. Market won't crash, if this wasn't the bottom I said at worst NASDAQ will dump another 2-3%. I am happy with oil profit, and nothing wrong with long-term plays. I am just allergic to long-term is all until I have fuck you money.

>>30207687
No.

>>30207706
And he did his duty. Did you forget he signed an order to help semi producers too?

>>30207898
You're smart and got your own thesis, won't say it doesn't make sense. I just think the time is now and willing to risk short term trades rather than guaranteed long ones.