Market is tanking

Quote from Petsamo:

Whatsa matter, shortie? No faith? Did da bulls give you a good bitch-slappin?
hahah.gif
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as always :D :(
 
Quote from atticus:

No way we sell off hard into XMAS. ES 1208-1239 through the 24th. Great opportunity to sell vol neutral to 1220.
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what does it mean in layman's terms?
 
Again, market opened an inch up and then moved down to red. Market does not see a catalyst to go higher. There is a indecisionness in the market. I also feel (maybe I am wrong) smart money is selling and removing its exposure to possible correction. I don't mean short. Just takling profit. I see it in APPL, NFLX, semiconductor sector, retail.
 
Quote from hajimow:

Again, market opened an inch up and then moved down to red. Market does not see a catalyst to go higher. There is a indecisionness in the market. I also feel (maybe I am wrong) smart money is selling and removing its exposure to possible correction. I don't mean short. Just takling profit. I see it in APPL, NFLX, semiconductor sector, retail.
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I am sort 30% at the moment since yesterdays close. Will add today if we can bleed another 60 - 80 points in DOW.
One Gap down tomorrow and all hell can break loose.
 
Quote from i_c_fed_people:

how high do we all think the Christmas rally will take us by Jan 1?
1300 ish?

Whats the consensus?
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Below 1200. Inflation is here. Check out restuarnat food menue prices, gas,..... Average gas price is $3. It was $3 when oil was at $145. Now oil is below $90 but gas is $3.
 
Quote from atticus:

No way we sell off hard into XMAS. ES 1208-1239 through the 24th. Great opportunity to sell vol neutral to 1220.
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could somebody explain to me what this easy to make money plan involves? sell 1220 straddle?
 
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