The S&P 500 topped at 3481

[volente_00]

Shorted 3567.75

Help me desperado help me !

 

[volente_00]

I’m not going to start another thread
Looks like I was early and stopped out but we’re still topping here according to my indicators

I’m building a swing short in ES from 3550 to 3589


And selling SPY October expiration 350 to 360 call strikes on this run up


Objectives are still 3401 and 3281

Same SPX objectives still in play

 

[destriero]

Volare's objectives on SPX: 100 to 10,000 so trade accordingly within his 40-sigma window of failure.

 

[Laissez Faire]

Because it pays so well to short the top

Yeah - assuming you actually get the top.

If not - the initial and subsequent stop-outs will eat into your P&L when you finally nail down the top.

Great catch this time, though. I always pay attention to your long term calls. Even if you're a bit early at times.

 

[tiddlywinks]

Yeah - assuming you actually get the top.

If not - the initial and subsequent stop-outs will eat into your P&L when you finally nail down the top.

That's a gaslit argument. No different than bottom ticking/fishing for a long.

 

[Laissez Faire]

That's a gaslit argument. No different than bottom ticking for a long.

What's a gaslit argument?

 

[tiddlywinks]

A more psychological definition of gaslighting is "an increasing frequency of systematically withholding factual information from, and/or providing false information to, the victim - having the gradual effect of making them anxious, confused, and less able to trust their own memory and perception.

https://www.urbandictionary.com/define.php?term=Gaslighting

 

[volente_00]

Throw me to the wolves and I'll return leading the pack

 

[volente_00]

VIX fixing to get woke

It’s always lonely at the top

 

[volente_00]

Give me a 5% puke and 3281 touch