| johnpaulca 12,036 posts
 msg #141775
 - Ignore johnpaulca
 | 2/2/2018 3:17:59 PM 
 XIV...for entry I used BB125(lower) daily
 
 Target should be $116 bb40(lower) 3-min
 
 
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| johnpaulca 12,036 posts
 msg #141776
 - Ignore johnpaulca
 | 2/2/2018 3:20:28 PM 
 XIV..$116.56 will be a short entry on it's way back(only if it get above this price)
 
 
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| johnpaulca 12,036 posts
 msg #141778
 - Ignore johnpaulca
 | 2/2/2018 3:30:36 PM 
 the trapped longs will bail on every bounce...hope no one here got caught. I always cringe when I see guys averaging down. Someone here was saying to buy the dips since $145, well now it's $113
 
 
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| johnpaulca 12,036 posts
 msg #141865
 - Ignore johnpaulca
 | 2/4/2018 11:35:41 PM 
 
 
 ..”I did exactly the wrong thing. The cotton showed me a loss and I kept it. The wheat showed me a profit and I sold it out. Of all the speculative blunders there are few greater than trying to average a losing game. Always sell what shows you a loss and keep what shows you a profit.”..
 
 
 
 Jesse Livermore
 
 
 
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| davesaint86 726 posts
 msg #141866
 - Ignore davesaint86
 | 2/5/2018 8:11:10 AM 
 Good advice for someone who had held hoping for a prayer.
 
 
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| karennma 8,057 posts
 msg #141868
 - Ignore karennma
 | 2/5/2018 9:50:23 AM 
 Re:  "The wheat showed me a profit and I sold it out. "
 ==========================================
 
 "Sold out"??
 He took his profits!  As he should have.
 Jesse Livermore always said trading required the discipline of "sitting tight", yet he didn't take his own advice.
 Livermore was greedy and mentally unstable.
 He made $100 million dollars and wasn't happy.
 So, he went and lost it all and committed suicide.
 Gambling is a mental disorder.
 
 
 
 
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| johnpaulca 12,036 posts
 msg #141876
 - Ignore johnpaulca
 | 2/5/2018 1:36:49 PM 
 Symbol	Name
 
 
 
 
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| Eman93 4,750 posts
 msg #141879
 - Ignore Eman93
 | 2/5/2018 2:10:09 PM 
 whos buying the dip?? TNA oversold like it at 67
 
 
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| johnpaulca 12,036 posts
 msg #141880
 - Ignore johnpaulca
 | 2/5/2018 2:14:36 PM 
 Eman...Not unless the VIX gets below 16
 
 
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| pthomas215 1,251 posts
 msg #141881
 - Ignore pthomas215
 | 2/5/2018 2:18:53 PM 
 Brilliant point JP.  it can be argued to be long in anything that doesnt have the word 'bear' in it is risky right now.  generalized thoughts...
 
 vix...above 14..raise an eyebrow
 vix...above 18...clear out of equities
 vix...above 22...panic mode...panic selling
 
 
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