• 10baggerbamm : I don't know what you're looking at a nice trend??  I mean it's probably coming to a level that you can nibble at it down here it's off close to $20 from highs

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• 103722967 OP 10baggerbamm : dont think it’s a good time to buy yet. just gonna continue to monitor for now.

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• 10baggerbamm 103722967 OP : yeah I'm not saying bye I'm saying it's coming to a level you can look at the support line and I don't even know if that's going to hold because so many other indexes have broken support so many baskets of stock are breaking support today but at some point you nibble you buy a third of your dollar amount but you want to invest and dollar cost stand you can't go all in looking for a Monday bounce because it could be a bad Monday it could be a bad Tuesday

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• Ultratech : ugh  $Frontier Asset Global Small Cap Equity ETF (FGSM.US)$

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• LoneBone : you still holding this?  

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• Nopainnogainz OP LoneBone : stopped out

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• hereyougo : agree, will boom soon

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• 10baggerbamm OP hereyougo : it broke through it's 20 days support this week so it's headed a little bit lower maybe around 48-47 somewhere in there if we have a down day. a lot of the small caps that did rally are rolling over and selling off pretty significantly this week we've had six down days in a row with midcap small caps and that's the longest losing streak in a long time.

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• 72471620 : Whats your avg? Gl its going down

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• 10baggerbamm OP 72471620 : I don't have this right now I've traded it this year multiple times if you compare this to the mid cap this is rolled over about 2-3 days ahead of the mid caps which means this should bottom first before the mid caps bottom

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• 72471620 10baggerbamm OP : I have an avg 42$ for about over 300 shares TNA, I added 3k option calls on IWM 240$ end year, and 1k option call on TNA 55$end of the year. I also added 50 shares of TNA this morning around 50.63$. Good or bad?

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• Kim10 : what's your prediction for the next fed decision I think powell will maintain

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• 10baggerbamm OP Kim10 : I don't know if I say he's going to cut and he doesn't cut I'm wrong if I say he doesn't cut any cuts I'm wrong. the fact of the matter is if you look at the 10-year treasury the direction that it moves the marketing anticipates what's going to happen and that's where mortgage rates are priced off of not the Fed so the future for the real estate industry the future for the publicly traded mortgage companies like rocket mortgage and a few others are more contingent upon where the 10-year treasury is trading then if the FED raises  rates or cuts rates. I think he'll cut because he said he would.
  the real question is come January 20th is Trump going to force chairman Powell out? legally pal was appointed and he can carry out his term till 26 however if he has violated his oath then he can be tossed out. if Congress the house the Senate makes a new law and it's past and says that the president at any point in time can appoint a new chairman of the Federal reserve.. well then he is going to be out very quickly. and I think if Trump is able to appoint Larry kudlow somebody like that who is a supply side economist not a Keynesian if you don't know the difference buy a book econ 101 so you understand. I think that has a far more market-friendly Outlook. so will he cut rates I think he will a quarter Will the Market rally who the hell knows probably not because it's sold off each time so far.. what history has taught us is buy the dip and it works until it doesn't work.

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