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

[Buy1Sell2]

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

Continues to look good here Vol! You were within one day of the bottom and volatility would have you allowing some room there. Excellent work!!

 

[destriero]

Continues to look good here Vol! You were within one day of the bottom and volatility would have you allowing some room there. Excellent work!!

Yeah, he was only 150 points from the bottom! Only 5%! Cool story, Bro!

 

[destriero]

Up 4.2% on the day. I resisted the urge to short deltas into the close.

I am going to be in Japan -> Singapore for a bit and won't have much time to post.

Best of luck to all--even the degens on the ES journal(s).

 

[vanzandt]

Looks like its time to short the Yen.
What does Singapore use?
Whatever it is.... short it too.
Jughead's on his way.
ET's best fade.

 

[Buy1Sell2]

I say the bottom is in on the S&P 500 at 2441

We will bounce 200 handles from here

Market liking the area of your call quite a bit Vol-----well spotted!

 

[Pekelo]

Market liking the area of your call quite a bit Vol-----well spotted!

The call was a day and 120 points early. Timing is everything in this business. Our 2370ish call with Spooz was much better...

Not to mention right now we are 35 points BELOW that bottom call...

 

[Buy1Sell2]

The call was a day and 120 points early. Timing is everything in this business. Our 2370ish call with Spooz was much better...

Not to mention right now we are 35 points BELOW that bottom call...

Except that he never posted in real time and "accumulated" a position .

 

[Pekelo]

Except that he never posted in real time and "accumulated" a position .

Nope, that is not what I meant. In this very thread he called for a 2370-80 bottom and I agreed with him. That call was way better than Volente's 2441...

Quote: " 2375-80 needs to be kissed."

 

[Buy1Sell2]

Nope, that is not what I meant. In this very thread he called for a 2370-80 bottom and I agreed with him. That call was way better than Volente's 2441...

Quote: " 2375-80 needs to be kissed."

But did not place a stop and then claimed he would still add at 2310 when it had already fallen 50 points from the 2375 bottom. I am applauding Volente's transparency and willingness to stick his/her neck out. I realize that Vol's bottom call did not hold.

 

[murray t turtle]

Except that he never posted in real time and "accumulated" a position .

%%
OK; in a[stock market+ most everything ..........] =bear market-that is OK, +most of the trends are down..A rookie trader drew his trendlines, like raindrops, never connected 2 data points- but he rightly got most the trends down.LOL