Gotta love ZERO RISK in the SP500 = $$$

[jasonc]

Lol Nasdaq futures up 0.6% already. Still Kong, it is amazing how these sell offs can't be sustained.

 

[Rickshaw Man]

 

[Rickshaw Man]

Today's rally was so predicable. My long position from 7157 is doing swell.

 

[jasonc]

Woo, sold half up here at 7220, prepared to average in if any pull back. who remembers 31 years ago!

 

[Rickshaw Man]

So predictable $$$$

 

[Rickshaw Man]

Just like every sell off. The day after the sell off, futures rise overnight to make up 1/3 of the previous days loss,. the other 2/3 comes after the cash open.

SELL OFF WHAT SELL OFF. Same thing over and over and over.

 

[jasonc]

Also unless we somehow sell off ~2%, this will be a green week. We cant get any type multiple day downtrend for a long time

 

[Rickshaw Man]

Watch for the inverse head and should pattern on this dip.

 

[Rickshaw Man]

Here is last Fridays NQ chart, just about the same thing at the same time. Sold off around noon, formed a head and should pattern and rallied back.

 

[jasonc]

Bought back in in Nasdaq being flat at open 7173