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Man if bulls can hold the low of today and set the higher low we'd be in a true tight daily equilibrium. Bulls need to play some real defense on that level.

I'm making a bet that it doesn't hold though. Think there's at least one more leg down there.
 
Presto, how do you deal with the big spreads in CSE pot stocks. Just put your bid/ask in the middle?
 
CH1 said:
Presto, how do you deal with the big spreads in CSE pot stocks. Just put your bid/ask in the middle?
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It's shit and the only thing I hate about those stocks. And also the reason why real traders don't touch them. I just wipe out the ask when I'm convinced that an uptick is coming. When a stock is 100% retail owned I just have a lot more confidence that I can win playing them. I'm less confident that I can beat the tutes. It works out for me in the long run, but you don't often get great value on the buys. I've accepted that.


Also most times I buy I get partial fills so I often drive the SP up on them. It's pretty hilarious actually.
 
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And this was my best case scenario playing out. Heavily green on HSD and heavily green on my thumb buy earlier.


10.54 was the sell on those thumbies. Bought at 10.39. 1000 shares so a decent enough flip.
 
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CH1 said:
added to SLV
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Added some as well. I sold a bunch of VTI last week so it freed up some cash that I thought I was going to buy the VTI dip with. But I'm not that interested at the moment. SLV feels like a play here.
 
When the market takes a fat shit, all of the fantasyland plans of ER bumps go to shit. I still have some and you can see she wants to pop. But it just isn't going to happen in this environment. Riding my bear play heavy in addition to being heavily in cash. Small TRUL position now and a touch bigger GTII position as a miracle prayer play. All it takes is one big thick SPY bounce after all...
 
See CGC and Canadian MJ today and in the past week or so? Soon enough, that will be GTII and CURA.. And it may be more violent as they need to catch up to them. ESPECIALLY if we start looking at setting a lower low here. Not too far off.
 
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Kept a SHOP put as it's not bouncing with SPX. Stop is tight, so will collect profits if it does indeed bounce.
 
same is happening to AAPL, I guess tech is catching up to the downside
 
Today hasn't exactly been gainsville for me but I am proud that I have preserved profits and the bear position I have has made this hurt a lot less than it otherwise would have. I am straight up ecstatic.

Too bad though. If SPY held on for another few days, I could have easily made another 10-20%. But sometimes these things don't work out and you have to adjust accordingly or you can get hurt real bad.
 
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