Gotta love ZERO RISK in the SP500 = $$$

[EPrado]

Quote from austinp:

Shorted ES 1410.50 = covered 1404.50 premarket. Short again from 1400 on the break, now printing 1397

Absolutely no risk shorting into resistance during this budding market breakdown. Test of Tuesday lows coming today... could be a continued meltdown into the weekend.

No risk on the sell side... follow the big-money players dumping volume supply on hapless retail buyers!

Nice trade...was there any news just now to cause the Sp's to dump 10 points in minutes?

 

[makloda]

Oh the pain of the carry traders I feel a one lemming by another forced into liquidation by margin calls.

Anybody long any type of stocks: Put on puts UNTIL THIS CLEARS. Can be over tomorrow, or it can take weeks and months. Cash is king.

ES -1.10%
DAX -2.40%

 

[makloda]

Quote from EPrado:Nice trade...was there any news just now to cause the Sp's to dump 10 points in minutes?

JPY

 

[EPrado]

Quote from makloda:

Oh the pain of the carry traders I feel a one lemming by another forced into liquidation by margin calls.

Anybody long any type of stocks: Put on puts UNTIL THIS CLEARS. Can be over tomorrow, or it can take weeks and months. Cash is king.

ES -1.10%
DAX -2.40%

THe SP was down a point just a little while ago....some news had to come out.....a 15 point drop pre-open is rather nuts.....

this could be worse than the other day......

 

[makloda]

Quote from EPrado:THe SP was down a point just a little while ago....some news had to come out.....a 15 point drop pre-open is rather nuts.....

this could be worse than the other day......

Great, I am thinking to anybody who thought stocks were undervalued at 1450, imagine what great value they could have at 1250 or 1050!!!!!!

 

[austinp]

I don't watch CNBC... just looking to trade the EC, and ES - ER rolled over in unison giving perfect sell signals.

At first figured it was BOE decision, but not this. Clearly news driven, I'm just going with the momentum.

Long now from 1393 and holding into a bounce... this is insane... better than any five entire dull sessions in Feb already in the premarket

 

[austinp]

Gonna be a wild morning when the bell rings, for sure :eek:

 

[makloda]

Quote from austinp:Gonna be a wild morning when the bell rings, for sure :eek:

No more complaining from you about lack of volatility and opportunities

 

[EPrado]

Quote from makloda:

JPY

Ya think..the Yen isnt up that much.....I guess its a continuation of the carry-trade thing.

 

[wee man]

Can we BUY yet???