Yeah i dont really trade equities.. Just index and commodities
Would be nice to bounce around in the 1300 1250 levels... if we got a dip to 1250 before the last leg of the Ben rally i wouldn't complain..
The real wrench is earnings, if there not spot on, with this Geo risk, its going...
Nobody's a drama Queen, But statements like it takes courage to buy a tape is kind of comical...
YTD 5-6% up = 2 months... 5-6% down = 2 weeks...
Its simple math, things go down a lot faster than they go up, so take a shot at certain levels, if it moves against you take a small...
You have to love America...
Markets were literally negative YTD... 2 months of work gone in 2 weeks, and we're scarred to profit?...
If market closes above 1300 -1305 for a day or rips right through, i am a buyer up to 1330, if not we test 1250.
I'll tell you what futures got grinded higher, but the day session really didn't explode like they did coming off of the last 2 bottoms...
Could it happen tomorrow, possibly, anything is possible at this point..
Oil prices are higher and probably climbing. ( and i didn't mean oil...
The master bull chimes in...
I bought Wednesday afternoon expecting to get out Friday afternoon going to expiration... Shaked out and reversed on the no fly zone announcement..... Then got hit with g7 and Cease Fire, both were bullshit... But it was enough sideline me...
Keep...
Wait till the market is in at an inflection point, 4 or 5 point move is not the bots just jerking the market around, if it moves 5 points from a level, it means its probably going to move around 8-10 points in the same direction...
Then you can be wrong around twice as many times as you...
If you are going to guess which direction the market is going...
Set your stops at 4 point loss, limit at 8 point gain... Then i guess just flop around and try and guess 50/50....
I think you are out of you mind.....
We had every reason to pop on thurs, friday.... The futures grinded up, but the session bots grinded every pop down....
Oil will hit 110 without a problem...
We test the lows before anything happens from here...
What a clusters Fuck... Reversed and got short after no fly zone..
Got hit with G7 and A cease fire not 10 hours after the no fly announcement..
I am done for the week..
This is true but it is also offset somewhat by the dollar strength (they were buying dollars)...
We would benefit from lower Oil and Commodities, but thats not happening anytime soon thanks to the no fly zone.....
My questions is why would BOJ intervention be ES positive, especially on the back of dollar strength.
Was it off pop on the 225?
I am missing the connection here...
Especially on the back of no Fly and oil spike..
Now there saying to sell, so im prob a short term buyer till they say buy again then selling again..
Could bow up in my face if this fucking cord doesn't work out and we get a mass meltdown...