World market crashes

M

mikeenday

Guest
eminent.

1) end of triangle break down/up, more like down.
2) silver/CL crashed, this is the fore-play, followed by the equity market.
3) QQQ/XLF show signs of weakness.
4) EUR/USD breakdown.


positions: short financials, short high flyer material producers, i.e., MCP
 
Quote from mikeenday:

eminent.

1) end of triangle break down/up, more like down.
2) silver/CL crashed, this is the fore-play, followed by the equity market.
3) QQQ/XLF show signs of weakness.
4) EUR/USD breakdown.


positions: short financials, short high flyer material producers, i.e., MCP
More...

eminent, eh?

i guess world market crashes would be famous, yeah.
 
I just moved 20K USD for dedicated option trading, to be more specific, to purchase puts to get involved in this downfall.



Quote from mikeenday:

eminent.

1) end of triangle break down/up, more like down.
2) silver/CL crashed, this is the fore-play, followed by the equity market.
3) QQQ/XLF show signs of weakness.
4) EUR/USD breakdown.


positions: short financials, short high flyer material producers, i.e., MCP
More...
 
Quote from mikeenday:

I just moved 20K USD for dedicated option trading, to be more specific, to purchase puts to get involved in this downfall.
More...

Alot of my shorts that had run away against me months ago have all turned in my favor in a major way. They were ADRs (Hang Seng Listed) - the commodities have been pounded, and I'm suspecting that the turn has occured.

We'll see how these integrated oil & gas names go. If oil goes for a free fall then I'd say you better trade those puts quick. You'll miss the move.
 
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