- Rank: 45
- Followers: 16
- Votes: 178
- Years Member: 18
- Last Update: 13 July 2020, 12:59
Yearly High-Low analysis. This ETF is up 232% in 2019.
Jun 4: Bought @113 - Jul 15: Sold @166
Sep 4: Bought @157 - Nov 4: Sold @221.
Nov 14: Bought @224, Dec 11; Bought @228 - Dec 12: Sold @247.
Dec 16: Bought small position of SOXS @22 (short inverse ETF) while SOXL was $264.
Dec 25: Perhaps selling will not start until the 1st quarter of 2020 to avoid 2019 capital gain taxes.
Jan 2: Daily BUY signal. Re-entering SOXS @283 while retaining a small position in SOXS. When you end a year near its high, some momentum will carry over to the next year. At some point in the 1st quarter, we may go down very hard.
Jan 7: Sold @284 due to the Daily stop chart 08 and added to SOXS position @20.
Jan 9: Re-entered SOXL. Daily SAR signal reversed its direction 4 times in 8 days, which is rare. 3 false signals in a row make the 4th one much more probable, just based on odds.
Jan 24: sold today at market open @329. It looks like an exhaustion gap.
Jan 27: today both Daily and Weekly SELL signals triggered by the Parabolic SAR indicator (charts 5 and 8). Perhaps this is correction.
Feb 24: Daily SAR sell signal is triggered today. The weekly signal is also in the SELL mode. Investors use the coronavirus news as an excuse to take huge last year%27s profits.
Feb 28: sold SOXS and bought SOXL @174.
March 18: Made an intraday play on SOXS. Added more to SOXL. It will take us a couple of years to recover to all-time highs. But the exponential growth of semiconductors will resume.
March 24: Daily BUY signal: chart 8. There are two indicators of the cessation of panic and hysteria today: toilet paper is available in the store and the rise of stock market. When else in your lifetime can you make 46% in 2 days?
Apr 7: SOXL 30% up yesterday: good chance to double this quarter.
May 19: Daily Buy Signal (Parabolic SAR) chart 8
June 24: my predicted trading range for the 2nd quarter was absolutely correct. Now I just posted trading range for 3rd quarter. (chart 00)
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