ES moved up into the close I see
you probably could have held that last ES long over night
you probably could have held that last ES long over night
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Max running a clinic here today for us...I have learned a lot today Max...thank you
if it gaps up at the open its only the mm sucking in more buying to off set his holding price it won't last at all ...not after a straight up double in some few days
Glad you got something out ofmy hubris.....
Be careful of the gap up, cause they can just as easily turn it into a squeeze, if it gaps up im looking for a double top to add, then risk off the high of that top, if PACB gaps down i will be more aggressive, cause longs will be sitting there with the sell finger on the button all day.
Thats why i flipped from short to long today, ES could be an easy roll over here, but it could just as easily turn into a short squeeze, best thing to do in this market is just react to it when its at extremes.
i960 might have thought we were talking about the ES when were we talking about PACB
yes we were in agreement with you..on the long side..just speaking lastly of an individual stock to short..PACB
Interesting day! I did have a look intraday and saw serious volatility....however on a daily chart it just looks like a minor extension of the rally. I'm looking for 2000+ by the end of the week, imho a real possibility. Equity fund managers who have been pessimistic about this rally and who have been on the sidelines ...well, they just can't ignore it any more, probably be fired if they underperform in the final quarter of the year.
Look at last night's range...it's literally like an entire trading day's worth of volatility...20+ pts...With VIX collapsing, the Rickshaw trade is still hit or miss, but I think Max played it very well...got out of that nice little uptrend and then it was just slop or chop for the final hour or so.