Very good day today on YM... got the full gap fade play, then sat back and watched the run... got off some YM at 13305 if you can believe it... what luck! YM looks like a very good short... and odds for a gap down open tomorrow are quite good too. I'll add more shorts if we gap up open over 13308 YM.
Today looked a bit like exhaustion.... lots of professional selling by my accounting.. and newbies were doing the buying up here. Amazing.... the game continues... and the money moves from the hands of the lemmings/emotional/idiots to ours, J.
Hate to say this, but it's about time for the mkts to go back into DECEMBER DOLDRUMS.... ie hibernation... the Santa-Rally is likely now 90-99% complete.
I'm definitely not a fan of shorting this time of year, but after posting the 100% signal research the other day, I figure I better practice what I preach.
Hi J I am happy last week you took my advice on tza as you see it is on the floor Yesterday at closing i opened long position for FAZ and spxu SO We are together
I'm w/ya J.
ReplyDeleteVery good day today on YM... got the full gap fade play, then sat back and watched the run... got off some YM at 13305 if you can believe it... what luck! YM looks like a very good short... and odds for a gap down open tomorrow are quite good too. I'll add more shorts if we gap up open over 13308 YM.
Today looked a bit like exhaustion.... lots of professional selling by my accounting.. and newbies were doing the buying up here. Amazing.... the game continues... and the money moves from the hands of the lemmings/emotional/idiots to ours, J.
Very nice, J. And thanks!
DeleteI like those 100% signals.
ReplyDeleteAmen
DeleteDitto, amen.
DeleteHate to say this, but it's about time for the mkts to go back into DECEMBER DOLDRUMS.... ie hibernation... the Santa-Rally is likely now 90-99% complete.
ReplyDeleteI'm definitely not a fan of shorting this time of year, but after posting the 100% signal research the other day, I figure I better practice what I preach.
DeleteHi J I am happy last week you took my advice on tza as you see it is on the floor Yesterday at closing i opened long position for FAZ and spxu SO We are together
ReplyDeleteToo bad IB doesn't have any FAS to short... I'd love to short that bleeding pig....
Deletego long for faz then
DeleteI am also riding vrsn i am up 10 %
ReplyDeleteWish I had gone SPXU vice TZA... figures, I never make the right decision...
ReplyDeleteHope most of y'all shorted the S&P !!