Instinct Saying "Hills"

[Zhong Lu + 845]

Too early of course and need confirmation from action tomorrow, but the fact that early rate cuts did nothing for the markets is a warning sign.  Means it was already mostly priced in yesterday.

EDIT: Another thing.  Look at S&P.  400 point drop.  140 point rally.  Stopped right at 33% on rally.  Warning sign.  

Edited March 3, 2020 by Zhong Lu

[Zhong Lu + 845]

https://hdwallsource.com/beautiful-hills-wallpaper-39452.html

[Zhong Lu + 845]

Instinct is wrong.  Hills suck.  Buy.  

Buying SPXL (S&P Bull, 3x) in morning.  Gonna hold as long as current futures prices hold throughout day.  

Edited March 4, 2020 by Zhong Lu

[Zhong Lu + 845]

Now sell.  (S&P)

EDIT: Unless you're in oil. In which case, buy on dips.

Edited March 4, 2020 by Zhong Lu

[Douglas Buckland + 6,308]

“Instinct is wrong.  Hills suck.  Buy”

Hillbilly discrimination...AGAIN!

Where are the moderators???😂

[Zhong Lu + 845]

7 hours ago, Douglas Buckland said:

“Instinct is wrong.  Hills suck.  Buy”

Hillbilly discrimination...AGAIN!

Where are the moderators???😂

https://www.123rf.com/photo_40695639_feldberg-mountain-in-germany-in-spring-lovely-hills-and-forests-blue-cloudy-sky-fantastic-landscape.html

[Douglas Buckland + 6,308]

1 hour ago, Zhong Lu said:

https://www.123rf.com/photo_40695639_feldberg-mountain-in-germany-in-spring-lovely-hills-and-forests-blue-cloudy-sky-fantastic-landscape.html

Ain’t THAT easy to get back into an old hillbilly’s good graces Zhong...😂

[Zhong Lu + 845]

Covered.  Time to go neutral.  Not sure now.  Probably still down tomorrow, but not feeling it.

Here is a picture of a woman in a bikini dancing underwater:

https://www.123rf.com/photo_116643819_a-woman-dancing-underwater.html

Edited March 5, 2020 by Zhong Lu

[Zhong Lu + 845]

https://www.afar.com/places/ngong-hills-kajiado

[Douglas Buckland + 6,308]

12 hours ago, Zhong Lu said:

Covered.  Time to go neutral.  Not sure now.  Probably still down tomorrow, but not feeling it.

Here is a picture of a woman in a bikini dancing underwater:

https://www.123rf.com/photo_116643819_a-woman-dancing-underwater.html

Zhong....your selection of ‘woman in a bikini’ needs some work...actually ALOT of work!😂

[Zhong Lu + 845]

Never said she was pretty.  Just said "woman in bikini."  I told the truth.  It's an image of a woman in a bikini.  

Edited March 6, 2020 by Zhong Lu

[Douglas Buckland + 6,308]

1 hour ago, Zhong Lu said:

Never said she was pretty.  Just said "woman in bikini."  I told the truth.  It's an image of a woman in a bikini.  

Isn’t that what the young folks call ‘click baiting’?

It seems cruel....I was expecting something like the Reef girls!

[0R0 + 6,251]

On 3/3/2020 at 11:42 PM, Zhong Lu said:

Instinct is wrong.  Hills suck.  Buy.  

Buying SPXL (S&P Bull, 3x) in morning.  Gonna hold as long as current futures prices hold throughout day.  

Hope that doesn't kill you.

Looking better for SPX vs bonds

 First sign of slowing downside momentum

XLE to WTI is already recovering from the bottom of the range after a first sharp rebound. XLE is still in an uptrend against WTI. XOP isn't. 

 

 

[Zhong Lu + 845]

In GILD currently (only position).  Sold this SPXL a loooooooooong time ago (> 24 hours ago).  Sold UGAZ today.  

Edited March 12, 2020 by Zhong Lu