3 weeks to retrace those 3 days in mid-August...meanwhile NDX looks like it will definitely overshoot whatever SPX/DJX might have in store...and then RUT,MDY still sitting way down there...
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
If i go long here, market should be at 3000 by next week, its a layup trade.
Starting to think of how this will all pan out next week, and unsurprisingly i managed to figure out a very bearish scenario for the market, i figure all weekend all of the stock sites are going to be blasting headlines about this incredible rally, so look for suckers to buy it up on monday, only to set up a massive down day, ill be shorting any parabolic move monday morning, and just crossing my fingers that i dont get castrated.
Out all but 1 of the ES at 2068, holding on too this thing till we hit 1200, or 3000, its just fun money on this trade.
Finished today up 4k and finished the week up roughly the same, considering i was a bear all week, im just happy to have made it out alive, but i really wish i could just be a blind bull and quit fighting so hard all the time.
Finished today up 4k and finished the week up roughly the same, considering i was a bear all week, im just happy to have made it out alive, but i really wish i could just be a blind bull and quit fighting so hard all the time.
Just waving to say "I got this all under control"
Just waving to say "I got this all under control"
LOL, guess all we had to do was prod the bull a few times, and taunt him a little, in order to turn him into a downright ornery bastard, now hes out for blood.
I feel like this matador, the whole week the bulls horn was 2 inches from going right through my balls.....
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I am short SPY long TLT as a spread 1:2 going into the weekend. A small position trying something new.