serious concerns for 10:00:01AM (EST) tomorrow Friday...read this

Very nice. Momo to the downside just picked up. I am unloading my DXD soon here.

I did shit my pants this morning on the gap up but very nice fade.

No, I didn't buy QID which was a better fade though.
 
Quote from RiceRocket:

I've been noticing in the price action this week leaders have been sold during earnings releases, then bought up the next day. Then watching the short squeeze today, you can see a strategy. Big players are getting shorts to load up in the morning after earnings because the companies sold off, then buyers come in and squeeze the shorts out. I will watch tomorrow if we see a gap down, then consolidation, then the consumer report comes out sells off a bit more, then buyers come in and squeeze the shorts hard.
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Nice read, RR
 
See, just shut the piehole and trade. Works much better than guessing if yesterday was a head fake, if the rally is over etc etc.

Quote from increasenow:

I'm so concerned
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Quote from stock_trad3r:

The overall markets blew off the microsoft numbers, which is why the futures are flat. It is microsft's own self-contained problem, which is why the nasdaq and spy future is unchanged.
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right again

markets are up

so easy to make money going long and buying the dips
 
Quote from S2007S:

This feels like the 2nd or 3rd time the market has attempted to break out and hasnt, tonight after seeing MSFT and KLAC earnings it looks like technology is going to weigh in on the markets again. Everyone is anticipating a close above 1400 on the SPX until then this market is trading sideways...
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If you actually traded for a living, you would know that the SPX is at a 3.5 month high with multiple sectors within the index showing amazing strength!

But to you, it's just a "sideways" market.
Since when is a 135 point move up in the SPX since March 17th a sideways market???




The more "comments" that you make on ET . . . the more your built in bias looks absurd.
Sorry to hear that you were unable to pull the "trigger" on a 135 handle move in the S&P.

What a shame.

:D
 
Incestnow just keeps starting the same stupid threads. Doesnt ever seem to learn :)

Quote from o10maximus:

A used one would hit the spot right about now!
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Quote from Landis82:

If you actually traded for a living, you would know that the SPX is at a 3.5 month high with multiple sectors within the index showing amazing strength!

But to you, it's just a "sideways" market.
Since when is a 135 point move up in the SPX since March 17th a sideways market???




The more "comments" that you make on ET . . . the more your built in bias looks absurd.
Sorry to hear that you were unable to pull the "trigger" on a 135 handle move in the S&P.

What a shame.

:D
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still a sideways market to me, I have been trading many sector ETFS, and let me tell you they have traded within such a range its getting old....

SPX got within a fraction of 1400 about 20 mins ago and gave back about 5 points, the bulls want a close above 1400, if not today they may get it early next week....
 
Quote from S2007S:

still a sideways market to me, I have been trading many sector ETFS, and let me tell you they have traded within such a range its getting old....
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:confused:
 
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