The S&P 500 bottomed today on 12/20/18

[destriero]

I went long near the close, but Polenta hasn’t even posted one of his fictional longs? What gives? I’ll not clutter the thread, but I’ll post tomorrow’s PNL and I suggest that Polenta do the same. See ya on Saturday, Boys!

Friday's run.

I got out early enough, but fat-fingered a buy to open on NDX (lifted the offer) on a complex position that was 6 points from mid. That cost me (0.24%). An index box mark cost me (0.06%):

 

[athlonmank8]

Should squeeze after hours. Long above 2489.

Still think it'll touch 2400

2401. Enough for a good scalp so far. Im lookin for more

 

[tommcginnis]

2401. Enough for a good scalp so far. Im lookin for more

Don't turn away from the screen today, boy-oh-boy. With thin volume and global pysche twitterpation..... Yowsa! "Brackets!"

 

[murray t turtle]

Friday's run.

I got out early enough, but fat-fingered a buy to open on NDX (lifted the offer) on a complex position that was 6 points from mid. That cost me (0.24%). An index box mark cost me (0.06%):


View attachment 196090

%%
Me too,[exit] but i keep my Sony Dream Machine Clock radio 20 minutes fast- that way i dont have to get in a hurry. WSJ forcasted low volume + larger price swings this week. Regardless of the price swings, even when last day of NOV [SPY] upticked, not much] ;most of the trends are down +down, except benchmarks like SH[goes green when SPY turns red.]

2008 had 8 days down[red candles], but no telling how much better current downtrend gets.And with 2017 going[green] up so many months in a row; 2018 /19 could easily do the same =on the downside, months/weeks in a row.NOT a prediction.

 

[Pekelo]

I agree with this. I had to switch to the monthly candle sticks to see the lower untouched BB and that is still below 2400. So 2380ish sounds good....

The visuals...

 

[athlonmank8]

Don't turn away from the screen today, boy-oh-boy. With thin volume and global pysche twitterpation..... Yowsa! "Brackets!"

Yup! That looked like the last line of support for a while. Taking every last bit of liquidity

 

[destriero]

Friday's run.

I got out early enough, but fat-fingered a buy to open on NDX (lifted the offer) on a complex position that was 6 points from mid. That cost me (0.24%). An index box mark cost me (0.06%):


View attachment 196090

I'm up 4% on the day due to garbage OTM long call flies and diagonals. Bueller?

 

[Buy1Sell2]

Looks good here Vol! Almost 100 pt rip from Mon low.

 

[destriero]

Looks good here Vol! Almost 100 pt rip from Mon low.

lol he's still >20 below his low-call... and after a gain of 100 points.

 

[destriero]

Can someone drop by Polenta’s hovel for a welfare visit?