And, I was wondering why you appear to have changed your investment plan from the 100% system to just trading the JTS. If you have the time, I'd like to know the thought process behind this shift.
I'll take of a smidge at teh open on a big gap down... got -70 YM right now... nice. Move stops to B/E+1 on remainder, just in case. Let the majority ride at least to close today. Will cover all on a saturation down close.
Oh, and if we get anywhere near 164 on the SPY again, I am going to sell and sit on the sidelines. That has been support and bounced 3x now, so until that is taken out I believe we have seen the "correction."
Bond have been taken out the woodshed and shot (point blank) and the equity markets are on full strength "Hopium."
Thanks, J.
ReplyDeleteAnd, I was wondering why you appear to have changed your investment plan from the 100% system to just trading the JTS. If you have the time, I'd like to know the thought process behind this shift.
Finally joined ya on this one, J. Hope the Nikkei shits. that'll take everything down hard.
ReplyDeleteFutures looking good for us so far. Europe helped us out there
ReplyDeleteSure, but the 7am buyers came in and now we are heading back up... bounced off 1642.50
DeleteI'll take of a smidge at teh open on a big gap down... got -70 YM right now... nice. Move stops to B/E+1 on remainder, just in case. Let the majority ride at least to close today. Will cover all on a saturation down close.
ReplyDeleteStill too many dip buyers out there...
ReplyDeleteNo black swan event => no correction
Looks like the dip buyers are going to be able to close the gap and might even make a try for a positive day.
ReplyDeleteCompletely amazing...
and
Completely frustrating...
Looks like 4 weeks of wasted time in the market (sitting in a 3x ETF which is insane for that long) and I will probably still take a loss... grrrrr
Bears have no cojones...
DeleteOh, and if we get anywhere near 164 on the SPY again, I am going to sell and sit on the sidelines. That has been support and bounced 3x now, so until that is taken out I believe we have seen the "correction."
ReplyDeleteBond have been taken out the woodshed and shot (point blank) and the equity markets are on full strength "Hopium."
Stupid Sheeple...