Market Just Topped

M

Max E.

Been waiting all week for the stimulus to pass.

This is a "Buy the rumor, sell the news" scenario.

Im pretty much all in short at 261.8, willing to leverage in hard if it gets close to 300.

This is an all in scenario, good luck everyone.

25% Loss if we get over 300 on the SPY
 
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Max E. said:
Been waiting all week for the stimulus to pass.

This is a "Buy the rumor, sell the news" scenario.

Im pretty much all in short at 261.8, willing to leverage in hard if it gets close to 300.

This is an all in scenario, good luck everyone.

25% Loss if we get over 300 on the SPY
More...

Could be well positioned when next week...we get ADP numbers on Wed, next round of initials Thursday, and NFP on Friday. Along with some PMI numbers for the hell of it.
 
the GOP will continue to pimp the agreed on bill until end of day tomorrow when they'll finally sign. I expect rally tomorrow.
 
I'm going heavy short end of day tomorrow, in anticipation of bad headlines over the weekend and red red week ahead.

I'm frankly glad my faves TVIX SQQQ VXX SPXS SOXS TWM have retraced so I'm reloading. I'm going to be 70% short, scaling all in next week.

Only a fool would even think of staying heavy long in this situation. World pandemic + record unemployed + upcoming bankruptcy filings = best shorting opportunity in a lifetime.

S&P easily loses 1700 by summer. I'm amazed at the stupidity of those who would be bullish here, other than short term swings in casino, pot stocks, energy, gold bounces.

I'm even going to wire more $ into accounts to short new lows. #bearsrule #commonsense
 
Who invited Ken Calhoun to this thread? I thought this was a somber thread celebrating my inevitable demise..... what just happened?:D
 
Here4money said:
the GOP will continue to pimp the agreed on bill until end of day tomorrow when they'll finally sign. I expect rally tomorrow.
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I got room to leg in, the trade is 25 percent of my account against 300 on the SPYs I will leverage in hard the more room it gives me. And I will be dead wrong if we hit 300. THIS is not a day trade it's a position trade
 
KCalhoun said:
I'm going heavy short end of day tomorrow, in anticipation of bad headlines over the weekend and red red week ahead.

I'm frankly glad my faves TVIX SQQQ VXX SPXS SOXS TWM have retraced so I'm reloading. I'm going to be 70% short, scaling all in next week.

Only a fool would even think of staying heavy long in this situation. World pandemic + record unemployed + upcoming bankruptcy filings = best shorting opportunity in a lifetime.

S&P easily loses 1700 by summer. I'm amazed at the stupidity of those who would be bullish here, other than short term swings in casino, pot stocks, energy, gold bounces.

I'm even going to wire more $ into accounts to short new lows. #bearsrule #commonsense
More...


"Heavy short"

Dude, you're trading odd lots. HTF can you be trading such piker size after being in this business for decades?
 
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