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Pretty much done trading for a while ... I sold and bought poorly today (week). Will learn from this. Good luck all ... very somber day for me .... stinks. Started August 10th with 1k... got it to 12k. Paid some bills and pretty much got torched today with what I had left. So at end of the day ... bills paid and starting over .. still tough and very disappointing stuff.
In your opinion. .. is the battle still on right now? Or is this market going up short term?
What a absolute rape on premiums! !!!
I am tempted to unload my calls right now Lol!! I am 2 to 1 puts to calls
Just be careful not to dump whatever side to soon?? They love to send it briefly one direction and then it torpedoe it yhe one they mean too.... just an observation.
I have learned so much from this board!! Your reply was spot on. Thanks to all!!
Good reply ... thanks, but I can still hope :)
Hope your right ....
You guys are probably correct but I don't see a dump yet. I think the casino can get more by waiting till tomorrow.
Broke yesterday's HOD of 197.01
Where is next resistance on this rally?
Does any one see a sell off this afternoon? Seems kinda tame to me?
It's like Clint Eastwood is walking in a bar and looks at the SPY and starts shooting at its feet.... "DANCE FOR ME MAGGOT"
Let's see if we can break today's LOD of
194.53 and better yet. ..yesterday's LOD of 194.25
GDL ... what are you saying...you don't see the drop today?
At least the volume so far is above average that could confirm a move
For me personally ... a close above 199 or a close below 193
Boy oh boy.... you can feel the tension of the wedge, it feels like it could break today!! Up or down ... stay tuned. Good trading to all today.
That you are correct... YOU Have always been warning of Bots and Casinos. .. Much appreciated.
Never underestimate the power of the Bots. (Wink wink)
Yes... there is that, but I want cheaper puts! Go Bots Go Bots Go Bots
Ideally. .. rallies into the close, gaps open and well... folds like a lawn chair.
I guess the I-Pen is good today as AAPL just passed 113 LOL
Now that'd funniest thing I heard all day.. GOOD ONE!!
Ok... let's see what it's got here...
The wedge is getting tighter n tighter ... gonna be awsome to see when it breaks.
I just thought it would break to 194 on the break of that last LOD at 194.27. But when it only broke to 194.25 and zipped up, it showed alot of strength toe to break down to 194 on that attempt is all.
No ... that 194 failed on that weak attempt at 194.25 .... but we could still see a sell off, wouldn't surprise me in the least!
Would anybody be surprised today if it closed at 198 or 194 lol. Swings are great, I am currently in cash. Waiting for the next good opportunity!!!
Just the way it bounced hard off the new LOD at 194.25. Hardly broke previous at 197.27 and shot up.
Got my answer as soon as I posted... next lower low .... will see 194
What does everyone think? Seems brewing for a good fall!!
Drop below the low of the day from yesterday's 195.17 and ... gonna be,a big gap down tomorrow morning. CMON gap down!!
SPY just ripped up after I posted. ..??
If SPY gets below 195.17 ... I think Asia markets tank and we gap down to 193 for morning. Then after that. .. not sure.
Anyone get the feeling that AAPL is,about to move the markets? Stupid I know but....
That's the big question for me today. Do we wait for break of 200 or sell my calls on the gap up ... hmm
We just might get to 200 on the gap up in the morning as Japan & China rip roaring tonight. Futures surging again. But depending on who's chart you follow... 200 and some say breakout to higher levels and some say we short. Will see how gap up reacts.
Japan's revised GDP beats estimates ... dang! I think the market is definitely going to open up green tomorrow.
I just read that Japan & China have economic data tonight that Asia is nervous about. Futures up big early but think it changes tonight.