Gotta love ZERO RISK in the SP500 = $$$

[der_kommissar]

recession2016 had a pretty good call on the IBB...said he would short at 325.00, thing reversed right from the get-go.

 

[der_kommissar]

thats what happened on September 17th, but the entire market broke down, I know you would say that the fed was related to that break down but I have to disagree in that nothing has changed since that meeting.

In all fairness, a few things changed...mainly that the Fed folded like a cheap suit and now the "market" has decided that odds of any rate increase off the table for 2015...OTOH, this price action is far too vertical and IMHO too early in the month for THE bottom.

 

[classiccharts17]

Almost there (2000pnts). Still short, will add more close to 2000. Lets see what happens.

 

[trickshot]

thats what happened on September 17th, but the entire market broke down, I know you would say that the fed was related to that break down but I have to disagree in that nothing has changed since that meeting.

Sept 17 was a breakout that failed, 1984 ES was the first reaction high of this selloff, we went above that level briefly post FOMC but failed to close above that level. I don't see any failed breakouts right now, there is no significant resistance to break out off anyway. Imo 1984 will be tested again.

 

[trickshot]

2003 SPX is 20ma

~1993 ES, which is around where this thing traded post FOMC.

 

[der_kommissar]

looks like a good short in IWM right up here...RVX also tested a decent level to reverse from.

 

[Visaria]

long nov soybeans at 881, stop 10 points

 

[S2007S]

adding in shorts slowly yet again, want to wait until monday but slowly adding in small tiny positions



BACK in LABD at $50....tiny tiny position
In DRIP around $77.85 tiny tiny position

Sold 1/2 GUSH a bit early at $11.10 OH well, you can't be perfect and LABU is riding higher from where I sold it as well, Monday should make for a very interesting opening

Added more DRIP @ $65.50

Cost Average now down to $71.15!!!

 

[galvinlee888]

long nov soybeans at 881, stop 10 points

Good call, but 10 points SL is a bit tight ?

 

[recession2016]

vix is just below 20, don't think this rally can go much higher if the thesis is that this is a bear market