Waiting for a short term buy signal to add a 10% allocation to tqqq longs. Holding for long periods of this etf can be very profitable if you can adhere to h/h sell signals . Look up an historical chart from the birth of this etf: 0.4 on February of 2010, now at 26.87. Tqqq is a 26 bagger if bought and held, much better if sold and bought on h/h signals. I am not aware of any trader with this kind of record. Working on a system that does better than this. Wish me luck. It might be impossible but I enjoy a challenge.
Month: April 2023
APRIL 9,2023
uvxy: short from several days ago at 5.21, secondary short signal coming up soon, stay tuned.
heaven/hell spx and general stock market model remains on a buy.
April 03, 2023
Heaven/Hell model gave a buy signal today. $spx closed at 4124, I bought a 50% allocation of tqqq rather than a full 100% as the prior signal was a loss. Conserving capital is a must, if this signal proves profitable there will be ample time to add longs as these h/h buy signals last for at least a year when successful. Heaven hell model close at a rare +10 level.
I will try to add more short term trades if time permits.