Looong weekend...

kmiklas

kmiklas

So the market is closed this (Good) Friday.

Three looong days, and Easter weekend... perfect time for some positive news to drop... or some surprise...

I debating whether or not to make a play this weekend. Normally I wouldn't waste any cycles noodling on this, but with T talking about how nice it would be to be with family this weekend, there's a lot of unknowns.

Anyone holding over the weekend?
 
kmiklas said:
So the market is closed this (Good) Friday.

Three looong days, and Easter weekend... perfect time for some positive news to drop... or some surprise...

I debating whether or not to make a play this weekend. Normally I wouldn't waste any cycles noodling on this, but with T talking about how nice it would be to be with family this weekend, there's a lot of unknowns.

Anyone holding over the weekend?
More...

Friday 5PM ET to Sunday 6PM ET is long enough for a news bomb drop.

But Thursday 5PM ET to Sunday 6PM ET? Fugheddabouddit.
 
Ken speaking of 3x inverses. You got to be getting reversals at times on etf's like soxs . That was $19 on Friday and hit $11 and change today. You have stops on these? Sox 20% off highs and soxs hit 40% lower than its low's in Feb when the sox was 20% higher.These are death to hold more than 1-3 days max .
 
kmiklas said:
So the market is closed this (Good) Friday.

Three looong days, and Easter weekend... perfect time for some positive news to drop... or some surprise...

I debating whether or not to make a play this weekend. Normally I wouldn't waste any cycles noodling on this, but with T talking about how nice it would be to be with family this weekend, there's a lot of unknowns.

Anyone holding over the weekend?
More...

I am!!!

Maybe not holding the oil futures. But definitely the MESM20.

Thanks for the reminder of Good Friday.
 
Just watch your @$$es peeps. Whipsaw is running at full speed. Don't get cut!

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Overnight said:
The MES can mess you up as hard as the CL. Be cautious. Remember, with 11 contracts on MES, you are effectively in 1 with the ES.
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The maintenance margin is much smaller than what I had with my 7 CL's.

I can afford for it to go down before it goes back up.
 
farmerjohn1324 said:
The maintenance margin is much smaller than what I had with my 7 CL's.

I can afford for it to go down before it goes back up.
More...

You said earlier that margin was not an issue for you. I am telling you, it still is, and always will be.
 
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