[TrentRothall]

Are you short currently Nick?

[TrentRothall]

too late, got to 5957

next stop 5633ish?

[TrentRothall]

on a positive, my Tesla FOMO has quickly evaporated. Interesting level here, short term bounce up to 500ish then retest the $370 is my guess

[TrentRothall]

Trent Rothall wrote:

Will be interesting to see what happens if we get to the 200 day MA & trendline

Weekly SPX

No way old Trumpy keeping this weeks close above the trendline

[TrentRothall]

Good work glen, my mean reversion is sitting about 24% DD since November, similar to with 2019’s gains it feels ‘ok’. Although this month i’ve reduced my positionsize and i’m basically cash now. i’ll probably miss the bounce but i’m ok with that, i’ve been watching out of interest the intra day moves of the asx200 – wild ride.

[TrentRothall]

Is there any chance that the ASX or US markets could be halted for a period of days or weeks? is that possible?

[TrentRothall]

Great stuff Tim

[TrentRothall]

200ma often acts as support, if the big boys all dumped stock at the 200ma i’d expect price to go lower. Possibly on a break of the 200ma

[TrentRothall]

would think it should provide some support, buyers seem to step up from previous tests. If not might head down to the 2018 lows.

Just a guess though

[TrentRothall]

Will be interesting to see what happens if we get to the 200 day MA & trendline

Weekly SPX

[TrentRothall]

i’m only 1/3 exposed… on the asx tho, live to fight another day i figure

[TrentRothall]

FYI

14.32% DD since 28/11/19-now

[TrentRothall]

Feb 2020

ASX MR = -10.54%

Ouch, was looking good about feb 20. Bit nervous holding over this weekend was happy to see that the dow didn’t close down 10% last night. Might reduce some position size monday… no doubt i’ll pick the bottom for this

[TrentRothall]

Damn! Some big intra month swings!

[TrentRothall]

isn’t it funny how the systems grind higher over years + months then BAM

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