Sergio's Trading Strategies & Market Predictions

[Sergio123]

I predict that the market correction ends on the OPEX date of 8/25.


The QQQ will bottom to around $345. IWM will bottom to around $182. SPY will bottom to around $425.

 

[mervyn]

your guess is as good as mine.

 

[deaddog]

I predict that the market correction ends on the OPEX date of 8/25.


The QQQ will bottom to around $345. IWM will bottom to around $182. SPY will bottom to around $425.

How do you plan on making any money with those predictions?

 

[Sergio123]

For example on RUT, I like the 8/25 1845/1925 on the call side + 8/31 1850/1840 on the put side.
Or if you don't like that then you can just use the inverse ETFs.

 

[maxinger]

Sergio's Trading Strategies & Market Predictions
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[destriero]

I predict that the market correction ends on the OPEX date of 8/25.


The QQQ will bottom to around $345. IWM will bottom to around $182. SPY will bottom to around $425.

What’s the significance about the 8/25 weekly opex date?

 

[destriero]

For example on RUT, I like the 8/25 1845/1925 on the call side + 8/31 1850/1840 on the put side.
Or if you don't like that then you can just use the inverse ETFs.

Sergio, what exactly is the position in the above quote?

 

[Sergio123]

What’s the significance about the 8/25 weekly opex date?

The market had a bullish peak on July 19th. Alot of traders manage spreads between 30-40 Days out.

 

[destriero]

The market had a bullish peak on July 19th. Alot of traders manage spreads between 30-40 Days out.

OK, I thought you were assigning some significance to the weekly opex. What is the above RUT position?

 

[murray t turtle]

your guess is as good as mine.

%%
LOL= good guess.
Cant really predict markets;
if anyone could predict markets, could keep adding on , adding on in oil contracts or add anything, keep adding on + get rich quick.
Reality check\ even the best trends correct, not a prediction , its a common sense fact.
Good guess