Gotta love ZERO RISK in the SP500 = $$$

[Max E.]

I've been thinking we will sell of into the close as well, but I haven't acted on it yet.

Once we bounced the second attempt at a high there is no doubt in my mind, im pretty large short average 2069.75 now. Straight market psychology, people are going to want to sell before the weekend after the last 2 30 point gap sundays.

In the interest of fairness i took off half at 2067.5 so the trade is free, who knows what That old battle axe Yellen is going to say, its probably a cowardly move on my part, but this week has been tough for me so im playing it safe. The trade is free now.

 

[Max E.]

Ok done now, ready to sell, i was worried shed say something that would set the market off.

 

[noddyboy]

Still in YINN, I'm down on the trade, had huge gains I took in CHAU yesterday around $29.

YINN I'm holding till $44-$48 area to sell

Until then not going long China or short, will wait for 5000+ on shanghai to short or under 3000 to go long....

With the markets zip zagging I'm stuck in some trades, volatility is great but this whole market seems to be stuck in a 200-300 point trading range.

I am up, but given the risk, it is relatively small a gain, and I am out.

 

[Max E.]

LOL, Pisani on CNBC just now, "You see that 20 point gap up in the market, thats incredibly rare" Except the last three days.

 

[Max E.]

Once we bounced the second attempt at a high there is no doubt in my mind, im pretty large short average 2069.75 now. Straight market psychology, people are going to want to sell before the weekend after the last 2 30 point gap sundays.

In the interest of fairness i took off half at 2067.5 so the trade is free, who knows what That old battle axe Yellen is going to say, its probably a cowardly move on my part, but this week has been tough for me so im playing it safe. The trade is free now.

Im out, not the action i was expecting, going to kick myself if it sells off, but these roll overs arent going anywhere so if its not going down its got to go up. Made a few hundred but had dreams of a five figure trade in my eyes

 

[i960]

How do you guys not put a hammer through your televisions with CNBC blaring out of 'em? It's just raw sewage masquerading as "content."

 

[Max E.]

think it will smash through the roof myself... but i don't have a position

reckon 2080 by close.

This is looking like a great call, i guess smash the shorts into the close was the play.

 

[Max E.]

How do you guys not put a hammer through your televisions with CNBC blaring out of 'em? It's just raw sewage masquerading as "content."

Mostly its just for the noise, I find if i listen to music i get too jacked up, lol, nothing beats buying the fuck out of a stock when something like this is playing

Then the song changes to katy perry, reality sets in, and i realise im long 10k shares of some dog of a company with no way out, and i go from hero to zero in a heartbeat.

 

[Rickshaw Man]

AT THE HIGHS OF THE SESSION CRYS CNBC.....Looks like they will close it at the highs. Sunday will be one big gap up so load up now.

 

[Max E.]

AT THE HIGHS OF THE SESSION CRYS CNBC.....Looks like they will close it at the highs. Sunday will be one big gap up so load up now.

LOL, your probably right, but from a pure R:R perspective its a stupid trade, Chinas and europe are going to trade before us on sunday it could just as easily be another 20 point gap down.