Gotta love ZERO RISK in the SP500 = $$$

trap and harvest full on today
trolling for stops, pulling in some momo then trapping it (false breakout toward 2040 was classic)..following a pure path of taking out anyone in a short term position

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der_kommissar said:
Feels like this market is just "trolling"...tags marginal highs, quickly retreats...takes out some stops, right back up again...
More...

That's exactly right....were back to these old markets again...meaning they just float higher as the VIX keeps retreating lower and lower....
Been trading less ever since this started...I live for volatility but now that the VIX is under 16 were back to the old boring risk free money making markets.
 
Pricechange said:
trap and harvest full on today
trolling for stops, pulling in some momo then trapping it..following a pure path of taking out anyone in a short term position
More...

Only thing that has gotten me to put on a small short in spy is the major cash resistance in spx that was tagged when es was around 2031...but I got burned yesterday with some IWM shorts that were running nicely and abruptly broke off downside...turned gains into a net flat trade...and now that thing is retreating again...bad price action.
 
Ferrari IPO ha-ha

That to me is signaling something isn't right....

Why would they decide now after all these years to go public...

Remember when Mercedes was a car that the elite drove back in the day...it was considered a wow factor...if you were a doctor..or owned your own real estate firm ...or you were CEO ...today I see 18 year old kids driving Mercedes . ..the parking lots are filled with CLAs and C 300s...
Now I know Ferrari is totally different but from what I'm reading they want to up production...they want to sell about 9000 units by 2019 up from 7700 today...they are slowly saturating their brand...many luxry companies have been doing this the last decade or so....ferrari is seeing sales pick up greatly over the last hmmmm 6 years...now you have to question how quick those sales will drop once there is a global recession... The only reason why Ferrari sales have skyrocketed is because of QE and the stimulus all central banks have pushed through the system.. Once that is gone and the world is in global recession and China's real GDP is under 4% Ferrari will see its sales drop right back under 6000... Ferrari is only selling these many cars because of all these free trillions the central banks are pouring in...remember that
 
S2007S said:
Ferrari IPO ha-ha

That to me is signaling something isn't right....

Why would they decide now after all these years to go public...

Remember when Mercedes was a car that the elite drove back in the day...it was considered a wow factor...if you were a doctor..or owned your own real estate firm ...or you were CEO ...today I see 18 year old kids driving Mercedes . ..the parking lots are filled with CLAs and C 300s...
Now I know Ferrari is totally different but from what I'm reading they want to up production...they want to sell about 9000 units by 2019 up from 7700 today...they are slowly saturating their brand...many luxry companies have been doing this the last decade or so....ferrari is seeing sales pick up greatly over the last hmmmm 6 years...now you have to question how quick those sales will drop once there is a global recession... The only reason why Ferrari sales have skyrocketed is because of QE and the stimulus all central banks have pushed through the system.. Once that is gone and the world is in global recession and China's real GDP is under 4% Ferrari will see its sales drop right back under 6000... Ferrari is only selling these many cars because of all these free trillions the central banks are pouring in...remember that
More...

Fiat not in good fiscal shape..needs to dump it
VW will be off loading 1 or 2 of its Lux assets onto the public soon as well
 
Pricechange said:
Fiat not in good fiscal shape..needs to dump it
VW will be off loading 1 or 2 of its Lux assets onto the public soon as well
More...

But there are suckers eating it with a spoon...Balmer bumbling into TWTR, Oprah booty shaking her way into Weight Watchers

When Kardashian buys shares in FB that should be the very top
 
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