jonnyfrank wrote: ↑Sat Jun 07, 2025 1:06 pm
The bottom for TLT and TMF must be out there somewhere......meanwhile, palladium showing some chutzpah.
PALL is still grinding forward—like Thomas the Train, it's in the *“I think I can”* phase. It hasn’t broken out yet, but the persistence is there. Meanwhile, SBSW is already pulling ahead, a good sign of things to come.
The good news? The longer something percolates beneath the surface, the more forceful the move tends to be when it finally erupts. Patience here is likely to pay off big.
When the words short term appear under any post; the same conditions listed in the Market update under the short term category apply
The end is always near; its the beginning and how you live each moment that counts the most
PALL
We hold a large position here, with two full lots deployed—time to take some profits.
Last three entries: 105.50, 96.00, 83.80.
Sell: We will attempt to exit these positions. If filled, the entry point will be adjusted upward
from 122.32 to the new level. The intent is to redeploy these funds later.
Try as I might, I think I don't fully understand.
We are a stardust WAVEFORM in a quantum entanglement.
scott wrote: ↑Sat Sep 27, 2025 8:39 am
PALL
We hold a large position here, with two full lots deployed—time to take some profits.
Last three entries: 105.50, 96.00, 83.80.
Sell: We will attempt to exit these positions. If filled, the entry point will be adjusted upward
from 122.32 to the new level. The intent is to redeploy these funds later.
Try as I might, I think I don't fully understand.
My takeaway from this is that they have purchased 2 full lots (each in 1/4 increments) and with the recent rally they are planning on selling these. Based on the comment of large position they may face some liquidity challenges when trying to offload. I'm not sure exactly what is meant by the entry price will be adjusted but I imagine with all the 1/4 increment purchases they haven't updated their weighted average purchase price.
For the PALL transaction, we initially deployed two full lots, but we did so in 1/5th increments. What I meant earlier is that, if we manage to sell at 127, we will be selling the last two 1/5th lots we purchased, not touching the earlier ones.
If that trade is executed, we’ll treat it as a separate transaction. That means the original position, which started as 10 x 1/5th lots (equivalent to two full lots), will now be reduced to 8 x 1/5th lots.
This way, everyone can clearly see that:
1. We’re targeting 127 only for the last two purchased lots.
2. If filled, the remaining position shrinks to 8 lots.
3. The average entry price must be adjusted accordingly.
When the words short term appear under any post; the same conditions listed in the Market update under the short term category apply
The end is always near; its the beginning and how you live each moment that counts the most
MarkD wrote: ↑Fri Oct 03, 2025 1:12 pm
Using my own levels, I deleveraged from PALL above 110. Just a tick above a full lot atm.
And went off the radar with TMF, buying a call option for peanuts. I had been fishing for adding to TMF below $35 and it refused to dip for me.
Sol will likely remind me of my folly but it was cheap for a LEAP, and sold a put so the cost was a nice dinner with wine for wife and I.
It's a lottery ticket. I can handle the loss if it doesn't work out.
Calculated risks are acceptable. It’s the uncalculated ones that come back to bite. As long as the risk is clearly defined and one is not betting the house on a single move, the situation remains manageable. These kinds of wildcat plays can sometimes produce outsized gains, and in this case, the risk-reward ratio is somewhat reasonable.
When the words short term appear under any post; the same conditions listed in the Market update under the short term category apply
The end is always near; its the beginning and how you live each moment that counts the most
