Gotta love ZERO RISK in the SP500 = $$$

[Thor]

Not a penny of ri$$k, longs are safe till Wednesday

Hope all got out $afely with their ri$$k free profit$.
Rick$haw wa$ la$t $ighted on his yacht $ailing to the coa$t of Honolulu.


The Dow is at a crucial juncture.
If it can go up from here, then its going to the moon and Rick gets to upgrade his yacht to a private jet with his own private island and a castle filled with Playmates, all bought with ri$$k free money from the market..

If it doesn't, then its going underground.

I will take a short position in the last 10 mins today depending on how it goes. 80 delta puts are looking good.

And I'm in.

Dow Jones -117.7 -0.35%

S&P 500 -16.0 -0.40%

Naz -56.2 -0.47%

Not a penny of ri$$k

 

[Thor]

A little while ago, all were in green now slipped back to red.
Dow Jones -8.7 -0.03%

S&P 500 -1.8 -0.05%

Naz -21.8 -0.18%

Europe showing the direction.
Dax -119.5 -0.83%

Cac -36.2 -0.55%

 

[Overnight]

A little while ago, all were in green now slipped back to red.
Dow Jones -8.7 -0.03%

S&P 500 -1.8 -0.05%

Naz -21.8 -0.18%

Europe showing the direction.
Dax -119.5 -0.83%

Cac -36.2 -0.55%

Who cares? There is zero risk in the SP. Just max-leverage long your house, your kids, your limbs into the SP and you never get margin-called, ever. That is what certain traders here would lead you to believe.

 

[Thor]

And I'm in.
Not a penny of ri$$k

Dow Jones -195.5 -0.58%

S&P 500 -21.7 -0.55%

Naz -54.0 -0.46%

I'm still holding my puts

 

[Thor]

It cannot go up, but it won't go down

Dow Jones +141.1 +0.42%

S&P 500 +24.6 +0.62%

Naz +91.8 +0.79%

 

[Thor]

If it doesn't make a decent move today, I'm out. I hate these slow motion markets.

Dow Jones -81.2 -0.24%

S&P 500 -18.2 -0.46%

Naz -83.4 -0.71%

 

[misterkel]

Looks like the top of a strong channel, imo.
cheap bear spreads 6 weeks out, 370-360 or so?

 

[Thor]

The Dow high of the day and for some time, is likely to come in at about 1:30 or 2 giving longs a chance to get out and run for cover

As always, wait for price to confirm.

Not a penny of ri$$k.

 

[Overnight]

The Dow high of the day and for some time, is likely to come in at about 1:30 or 2 giving longs a chance to get out and run for cover

As always, wait for price to confirm.

Not a penny of ri$$k.

Dow high of the day was 20 minutes before your post. ZERO FREE R1sK$!

 

[Thor]

Dow high of the day was 20 minutes before your post. ZERO FREE R1sK$!

Whenever I'm trading a high or low, I have a very simple rule that price must confirm the H/L or I keep out.

I also say it in my posts.

Anyone who is not completely mentally retarded can understand it because it is in very simple English.

The Dow high of the day and for some time, is likely to come in at about 1:30 or 2 giving longs a chance to get out and run for cover

As always, wait for price to confirm.

Not a penny of ri$$k.

Duh!

Duh!

Duh!

Duh!