Gotta love ZERO RISK in the SP500 = $$$

[der_kommissar]

For anyone whose short this is incredibly bullish price action, market going up like a stair case, and only going sideways instead of pulling back, looks like price action you would see when shorts are trapped IMO. There is a floor right now below all the bids, from all the people who are short today, so it cant go down.

yes, the speed is what kills...when you're short and suddenly prices just trickle higher, form a ledge, trickle higher, etc...I just get out if/when I'm short because it's like water torture.

 

[Max E.]

Market just flipped red/green, another bullish sign.

 

[Max E.]

yes, the speed is what kills...when you're short and suddenly prices just trickle higher, form a ledge, trickle higher, etc...I just get out if/when I'm short because it's like water torture.

Yeah im always trying to think of how i would be reacting in those situations, and i KNOW 100% when i see the market going sideways and getting away from my exit im creeping up my bid, and creeping up my bid, and thats the reason the market is going sideways then up. not cause of my bid, (Im not that vain) but because lots of people thinking the same thing.

 

[Max E.]

what i lioke to call the "moment of truth" if market holds 1977 on this pull, we are headed much much higher, breakdown and im out, if we dont even test 1980, im wildly bullish.

 

[Pricechange]

still looking very strong long...in fact starting to look like Friday and Monday's upward action

 

[Max E.]

so so tempting to sell it here as a double top, this is where i constantly piss away money with accurate calls.

 

[Max E.]

not buying more here, worried if i do i will get shaken out on a pullback cause of higher average cost, but im pretty confident now that we will test 2000 by close, or in the overnight.

 

[der_kommissar]

es spiked right thru 1986 area it appeared to me...

 

[Pricechange]

this is all starting to remind me of 2007. By mid year we had this swoon downward hard and rumors of sub prime coming apart at the seams. Then after about a week or 10 days of downward moves it came roaring back...higher than the peak when it first dropped..these bullish moves since 9/29 look like that roaring back behavior in 2007..the more people tried to time the top, the higher it went

 

[der_kommissar]

this is all starting to remind me of 2007. By mid year we had this swoon downward hard and rumors of sub prime coming apart at the seams. Then after about a week or 10 days of downward moves it came roaring back...higher than the peak when it first dropped

yes, it's why I completely screwed up my trades in August...I had the feeling we'd make one more push for the highs before it went down, instead we had that very weak August OpEx and then 8/24...