Is today a shorting opportunity - sell the news?!

Quote from EMRGLOBAL:

no bad BOB.

Nice little one day make.
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Thank's mate! unfortunally it was extremely rare,when every single tool that i'm using pointed to the gap and crap setup.
 
SPY 122.5 XLF 12.9


Quote from dividend:

Definite short. No locomotive here, just a capitulation of sellers. New lows in a week or two.

SPY 127 XLF 13.75
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Quote from EMRGLOBAL:

There are chart "indications" to play this short for the aggressive trader.

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I see zero TA saying go short.

In fact TA is screaming go long. Sure, if you want to play a small pull back before this fucking thing launches.....jump in front of that train.

All my indicators to go short, including gut....have been washed out.
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-0- TA saying go short ? please let us know when there is -0- reason to go long.



TY
LOL
 
Quote from iceman1:

I am actually looking to enter some shorts... although I am going to hedge, and keep some longs.

I can't just plunge in... gotta wait until the markets resolve, and short covering is over. Figure we close higher. Also, have been saying you cannot short the market in Q4... so any short is against my own upward bias.

But I loaded monies into mutual funds around first of October from cash, and figure this is a way to cover any sell-off of this "good" news. Is this actually good news? It gives more "certainty" to markets and that is always a good enough excuse to buy.

Buying NDX puts today and will leg into a spread if we get resolution of gap opening. Also shorting ES futures... when I don't know, will wait and see what the market says, and what large players are doing.

Think the r/r is better no; might be wrong.

Can always reverse and go long.

Anyone else?
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often early, not often wrong.

story of my life.

well at least I caught some of the move... how much further downside, if any, is the question

anyone?
 
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