President Trump's meeting with Xi this weekend

vanzandt said:
It doesn't matter what comes out of this meeting. The whole media narrative on market reaction to this is inconsequential. Its noise.

The folks that can really control market direction with war-chests full of billions and billions of dollars and powerful powerful computers that know exactly which stocks to buy/sell at any exact moment to help move the index(s) for maximum efficiency know where they want it. Last week a bear trap of epic proportions was set across the board.

This week is going to be VERY green. Shorts are going to get clobbered. Tons of dry powder that has been patiently waiting on the sidelines is gonna be put to work.

This market WILL be lower in 2019 than where we are right now... but for the shorts that jumped in the last week or so.... that might as well be 1000 years from now.

Intuition again VZ? Yep, based on nothing at all except a lifetime of mesmerization for this game... and a hard won understanding of human nature and greed. Shorts got greedy the last few weeks. They are going to give it all back.
....Up we go.

-vz
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There ya go. :D
 
John9999 said:
omg!!! did not expect that... I shorted here at 7087
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You should have waited.... you best brew some coffee.
Double down at +2.4% though, then you'll be ok. But like I said, brew some coffee, cause your ass is gonna be up all night. :D
 
vanzandt said:
You should have waited.... you best brew some coffee.
Double down at +2.4% though, then you'll be ok. But like I said, brew some coffee, cause your ass is gonna be up all night. :D
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After that PM Vanz, I am going to poke you with a sharp pointy stick. I am loading up my charts now to see the movement, and I am not going to like it.
 
John9999 said:
oh I know I am up all night on this deal.. I gotta think that we revert back to at least 7000. but who the hell knows
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I suspect you are correct over the near term. That was all knee-jerk resting orders being filled.

The news out of that meeting was NOT good for the long term, since all it guarantees is more uncertainty for the future, which means more up and down volatility.

And guess what happens a month from now? 4th quarter earnings start pouring in boys and girls! Whoop!
 
Overnight said:
@vanzandt I have the charts up now. You are FIRED from futures advice. Stick to stocks. :)
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Pffff
No...!
I warned you off last night from jumping in long at the open based on what I wrote above. I didn't want somebody following my advice because I have a good track record here and then losing their ass.

I warned you off because you damn near lost it all earlier this year trading not so smartly, and I wasn't sure if you're the kind of player that trades off of what other people write. Thats a bad move. I have no idea what you base decisions on. You should be fucking thanking me. Nights like this are where people lose their ass bigtime.
 
vanzandt said:
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I warned you off because you damn near lost it all earlier this year trading not so smartly, and I wasn't sure if you're the kind of player that trades off of what other people write. Thats a bad move. I have no idea what you base decisions on. You should be fucking thanking me. Nights like this are where people lose their ass bigtime.
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I didn't lose dammed near all, I lost just a chunk. I recently spent 4 weeks slowly losing my ass in an NQ long, and lost another chunk. Being honest here is all I am. But this here is the stuff dreams are made of, and this is why I trade futures...

hotradenight.JPG


That is a crazy long move after the 6 PM ET surge. It is over 100 ticks, and 100 ticks on HO is $420 per contract. In no time at all, relatively.

Vanz, here, have some absinthe with the wormwood in it. I sense you need some.
 
well we have drifted back to 7073,,, this is brutal.. I got slammed on my short that I failed to get out of at friday's close... my mistake..

comon, let's go back to 6665
 
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