Extremely Intresting Market Still Ahead: We Are At A Crossroad

[Ivanovich]

I think it's a safe bet for now. Don't get greedy.

 

[Lojanica]

Quote from shortie:

i'm holding longs overnight. i have a lot of doubts whether it was prudent. likely will get raped in the morning and be happy to close b/e in the afternoon.

such is life...

Yeah I bought a lot and am underwater but that's the issue here isn't it----waterfall selloff. Because if people continue to sell as the pops hit to get out even or participate in the shortside then boom. I am a classic always right always early trader so beware. Short early long early...........

 

[Lojanica]

FYI ------ I want to blow my account out......HA!!!

 

[shortie]

little by little futures are crawling back up. THEY thought i would not notice

E-mini S&P 500 (Dollar) Jun 10 1072.50 +2.50
E-mini NASDAQ-100 Jun 10 1807.00 +6

 

[Ivanovich]

Quote from Lojanica:

Yeah I bought a lot and am underwater but that's the issue here isn't it----waterfall selloff. Because if people continue to sell as the pops hit to get out even or participate in the shortside then boom. I am a classic always right always early trader so beware. Short early long early...........

You were short WAY early. You could be long WAY early, too.

Needless to say, we're bound to have a bounce in here somewhere.

 

[MrDODGE]

Futures ramping, Dow +300 tomorrow

 

[Lojanica]

Quote from Ivanovich:

You were short WAY early. You could be long WAY early, too.

Needless to say, we're bound to have a bounce in here somewhere.

I am comfortable with my building position. Exit is everything. I am gonna work my way into a nice move as they build.

 

[Ivanovich]

Quote from MrDODGE:

Futures ramping, Dow +300 tomorrow

BUZZ. Nope, wrong again. You're becoming quite the contrarian signal, Dodge!

Of course, you'd be right at home with all the other contrarian signals in this thread!

 

[shortie]

Quote from shortie:

E-mini S&P 500 (Dollar) Jun 10 1063.50 -6.50
E-mini NASDAQ-100 Jun 10 1791.25 -9.25

Longs are being squeezed even in AH, so a nice bounce should be in order for Fri. My game plan is to squeeze more longs for 1-3hrs in the morning and only then let the rally happen.


Chief Market Maker Shortie Out

we had a slight change of plan and limited the squeeze only pre-market and at the open. the EOD rally is still on track.

General Market Maker Shortie Out

 

[shortie]

closed my o/n in the morning, all positive . could have waited a bit longer. left ton of money on the table for you guys.