Gotta love ZERO RISK in the SP500 = $$$

I dont really like buying near the top for the day, but I am looking at going long as well for a move back up to the 2000 area. Will probably wait for now and see if we get a pullback

Probably not going to see a pullback today, its almost a mirror of yesterday's chart, one way street till the bulls/bears blow up at the close. Not going to watch this anymore, its agonising to say the least.
 
Which will most likely be met with massive buying again, this is still range bound until proven otherwise.


It is still range bound however once it breaks were headed down fast.....
This was a relief rally today which I do expect it to last 2-3 more possible days especially if Asia rallies big tonight....
I have sold most of my short etfs on this drop and waiting it out until the markets rally a strong 5-7% before getting back in with more short etf. .I think the markets can possibly erase all losses for 2016 by February but i do see the markets falling hard with a bear market in the making.
 
Told ya!!!!!!!

:p:p:p:cool::cool::cool::cool::p:cool::cool::cool::cool:


:D:D:D:D
Sadly, I will be unable to follow this discussion any further. Here we have a posting where the author is taking credit for calling that we would hit Auggie lows. However, 3 postings prior, the poster was discussing rallies and having gotten out of shorts etc. --Something rotten in Norway, Sweden and Denmark.
 
Sadly, I will be unable to follow this discussion any further. Here we have a posting where the author is taking credit for calling that we would hit Auggie lows. However, 3 postings prior, the poster was discussing rallies and having gotten out of shorts etc. --Something rotten in Norway, Sweden and Denmark.

I agree...let's keep it real.
 
Sold. As I am trading projection based on monthly chart my stop is 2,140 SPX. It is highly unlikely to be hit before more downside will resume. Sentiment will prevail as correction isn't over, they are all looking at same thing (pretty much), long term investors.

Next target is 200 SMA.
 
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