MDD

[MarkD]

My research indicates this is no longer a listed ETF on ETFDB, Stockcharts.com, TDAm. Any feedback is appreciated.

[Eric]

Looks like an error. The chart in the market update is from 2008 to 2016.

[Investor87]

Google sheets has MDD listed at $1.23, my broker has it at 0.00. I had a hard time finding it on Yahoo finance (It will not come up when I just search for the ticker). so I think I will have to pass on this one unless the ticker is wrong.

[jlhooter]

For me it comes up on ThinkorSwim but when I use Excel to link to ToS it does not recognize it I haven't done it yet but I don't see a problem setting an order for it.

FYI, Sol you rock. Love your last update.

[Yodean]

My research indicates this is no longer a listed ETF on ETFDB, Stockcharts.com, TDAm. Any feedback is appreciated.

MDD as an ETF closed in 2016, to my knowledge. Liquidated or somesuch. Sol's been playing around with the artificial limits of the space-time continuum, or perhaps ingested a bad batch of methylene blue.



https://www.etf.com/sections/daily-etf- ... nopaging=1

[SOL]

Well, as they say, "my bad". I was looking at a list of old candidates and when I typed that symbol the pattern looked great, but I noticed that it was no longer trading, and I found a replacmement but I forgot to make a note that MDD was no longer trading. So when I came back and quickly looked at the two charts the replacement I had found I said MDD looks better.

So the real play is JKG. I will issue entry points for it later, it's not time-sensitive. However, we wanted to get the current update out as soon as possible as many subscribers were getting antsy. Everyone is worried about the next crash but they never worry about the day they will kick the bucket, which is the ultimate badass crash as there is no coming back from that. Despite knowing for a fact that every crash proved to be a great buying opportunity, the secret desire to lose syndrome kicks in and people fixate on the what if it's different this time BS factor.

It will always be different but the outcome will be the same. Those that panic will be pulverized while those that sit in anticipation of the massive bargains they will find when the markets crash will make a fortune.

[Investor87]

Well, as they say, "my bad". I was looking at a list of old candidates and when I typed that symbol the pattern looked great, but I noticed that it was no longer trading, and I found a replacmement but I forgot to make a note that MDD was no longer trading. So when I came back and quickly looked at the two charts the replacement I had found I said MDD looks better.

So the real play is JKG. I will issue entry points for it later, it's not time-sensitive. However, we wanted to get the current update out as soon as possible as many subscribers were getting antsy. Everyone is worried about the next crash but they never worry about the day they will kick the bucket, which is the ultimate badass crash as there is no coming back from that. Despite knowing for a fact that every crash proved to be a great buying opportunity, the secret desire to lose syndrome kicks in and people fixate on the what if it's different this time BS factor.

It will always be different but the outcome will be the same. Those that panic will be pulverized while those that sit in anticipation of the massive bargains they will find when the markets crash will make a fortune.

I just entered JKG into my brokerage account as well as google finance in google sheets and both are $0.00

[jlhooter]

Looks like JKG last traded March 19, 2021 according to ThinkorSwim chart

[SOL]

Looks like Yodean was right too much MB and mistaking timelines. When the portfolios are updated I look at every holding from multiple angles. So the last section i look at is the ETF's so when i saw the patterns in MDD I was wow its great. Then I saw it stopped trading and looked at JKG without noticing it stoppped trading March. So double error. We have to go the drawning board to find a new play. It is getting increasingly harder to find good plays in the ETF sector. A sign that a market top could in the works 11 to 18 weeks

[Yodean]

It is getting increasingly harder to find good plays in the ETF sector. A sign that a market top could in the works 11 to 18 weeks

I am probably a tad early (one of my "things"), but here's an ETF that looks like it's bottoming, with significant upside in the next 6+ months: KWEB.

[SOL]

On the monthly charts, it still has a long way to go before it gets to the oversold ranges. Probably at least another 9 to 12 weeks of consolidation. One more sharp leg and then most of the selling pressure should be out of the way.
Remind me to look at it again in a few weeks or if it drops to 33

[Triplethought]

It is getting increasingly harder to find good plays in the ETF sector. A sign that a market top could in the works 11 to 18 weeks

I am probably a tad early (one of my "things"), but here's an ETF that looks like it's bottoming, with significant upside in the next 6+ months: KWEB.

I'm nervous about anything "china" related in the market. Given the tension with India and the likelihood of future tension over Taiwan I want nothing to do with them. I bought MOMO but am even nervous about that one.

[Budge]

It is getting increasingly harder to find good plays in the ETF sector. A sign that a market top could in the works 11 to 18 weeks

I am probably a tad early (one of my "things"), but here's an ETF that looks like it's bottoming, with significant upside in the next 6+ months: KWEB.

I'm nervous about anything "china" related in the market. Given the tension with India and the likelihood of future tension over Taiwan I want nothing to do with them. I bought MOMO but am even nervous about that one.

Recent article in ETF.com: "Investors not giving up on KWEB".

https://www.etf.com/sections/features-a ... newsletter

[Yodean]

I'm nervous about anything "china" related in the market. Given the tension with India and the likelihood of future tension over Taiwan I want nothing to do with them. I bought MOMO but am even nervous about that one.

Lol, I've been on a buying frenzy over the last few weeks with BABA, BIDU, and TCEHY. Buy some almost every day, on dips. Looking forward to buying more if and when the general markets correct.

My personal, ongoing, slow rotation of funds out of the GAMANF titans into the CTTs (Chinese Tech. Titans).

Buy when there is blood in the streets, even when the blood is mine own, as is the case here.

When you start buying the CTTs, I will know it's time to trim my positions in them.

[SOL]

I'm nervous about anything "china" related in the market. Given the tension with India and the likelihood of future tension over Taiwan I want nothing to do with them. I bought MOMO but am even nervous about that one.

Lol, I've been on a buying frenzy over the last few weeks with BABA, BIDU, and TCEHY. Buy some almost every day, on dips. Looking forward to buying more if and when the general markets correct.

My personal, ongoing, slow rotation of funds out of the GAMANF titans into the CTTs (Chinese Tech. Titans).

Buy when there is blood on the streets, even when the blood is your own.

When you start buying the CTTs, I will know it's time to trim my positions in them.

Out of the stocks you are buying the only one that appears to be close to bottoming is BABA, The others are still trading in the overbought ranges, some in the extreme such as BIDU. Having said that it does not mean they will continue plunging like a falling dagger. In the long term China is actually doing the right thing, it is reigning in the titans, while in the west especially in the USA these tech giants have essentially unfettered access to do whatever they want.

As you usually go in the for the long haul you should be okay.

The smart money is probably nibbling at this stage in some of the companies and we will start to take positions when the panic reaches extreme levels, and when the patterns start to turn bullish (from our angle of observation)