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Puts paid out. Nice.
If this gaps on Monday I will go short. Next week will be bloody IMO.
I'm genuinely surprised this is where it's at so soon after the September correction. What a fake market.
I'm joining the shorts here, people must be high buying here.
No I treat them like penny stocks, ride a wave of hype then get out with some profit. Nothing more nothing less. It's like tulip speculation.
Going back to crypto this is lame.
Clearly scripted movement, pathetic.
Bought VXX calls in anticipation of a market sell off today.
yeah in and out, sticking to short trades on this.
Crash coming this is the dot com bubble 2.0.
Good post.
I went silent after that.
Thoughts for tomorrow? I thought the point of that double bottom at the 50sma was to make a new ATH this week. They're really sending mixed signals and making it hard to figure things out. I have no idea what they're planning to do.
Ok. So how are you observing the market if you have no platform open during the day? just curious.
You need to have a chart available that shows you that. What platform are you using to trade?
I don't understand what you're trying to say.
I figured you weren't using indicators. Sigh.
So where do you think the market is going. I like your charts, I think the point other people were trying to make to you on here before when they criticized you was that your charts aren't forward looking. Can you post a chart showing what you think happens for the rest of the day and tomorrow. What are your lines telling you?
Clearly an orchestrated trap to lure people into longs thinking it was going higher, then pull the rug. I hate that they can manipulate the market to that degree.
Bailed. Dirty scammers gapped it up just to set a bull trap.
Giving it 10 minutes to get to VWAP or I'm out before theta starts chomping my calls.
Opened a small position of calls at $419.45. Cautiously bullish.
I'm not shorting here I am going to assume they want to rip this back above HOD.
Ok. That makes sense.
Any thoughts on what tech stock to be long during that move to $105?
Still not understanding your logic behind the trade re:
" it didn’t look like it would stay above 420.0 as it was too close"
what does that mean?
Damn it destroyed my calls. ugh. oh well on to the next day.
I sense the 3:50pm algo is gonna do something big with such low volume.
Opened $420C @ $0.17.
Why. I want to know more about how you are deciding on an entry.
Closed puts @ $419.78 for a small gain.
Tons of traps lately up and down. Gotta trade smarter and smarter.
Captured upside via calls starting from Wednesday's close near $410 and sold at $416. Fridays candle made me sell all long positions heading into the weekend. Missed all of todays upside sitting on the sideline. I'm neutral as to what happens next.
Opened puts @ $420.20.
So they dumped crypto on Wednesday, pumped tech on Thursday. And now sell off on Friday. Brilliant moves.
I can't reply to PM's, but keeping inflation under control with this much money printing deserves respect. I won't hate on JP or the fed.
Double bottom on the daily at the 50sma. Classic W pattern setup. I'm going into long positions.
Are you kidding? he's brilliant. You couldn't do his job. The fed excels at what it does.