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This artificial hysterical Keynesian move of the United Feds makes sense only if backed by a desperate UP engineering of the equity markets. That’s why I think that today “buy the dips” should be the motto.
I also gave up on the idea of shorting BIDU…for the time being.
SPY JUN 119 calls @ 1.70
Hi UR! Nice hearing from you ! I think that I will wait for some time in the morning before making any move… My charts have to “reset”…I’ll keep in touch with you…
BIDU: the spread for the puts was HUGE. I tried to buy puts (to open) repeatedly, since Thursday morning. I was close several times but my orders did no fill since the baksheesh I was offering was never high enough. Who knows? Maybe I was lucky! I might enter now…
First target = 613
I am out of Index calls and German longs. Bearish triangle formed. SPX might be falling. Chart follows.
Exactly! I think that this would be the best play! And if they go up really well, the Germans and the Hong Kong-ese could be conned into the Game and the market could still go up on Monday morning …Then, they can distribute…
I think that THEY might use the “good news” from Germany to take the market UP, as part of the grand scheme of deception. This “rampo” has to be substantial to appeal as "convincing" to
the turkeys…who will get in long at the top of it.
Very nice! Congrats!
Right!
OK..111.51 was close enough to my target = 111.45
So….did THEY alienate ma & pa? Probably yes, for a while. To make them forget fast what they experienced, THEY will create the feeling that one should not miss the opportunity to get back in “da game”…LONG. LOL!!!
Interesting VIX play!
Right! Biologists say that an efficient parasite never kills its host.
Looks like the double support will hold for a second time. Good bet…Good luck!
The red line on the chart is at 115.25. There is still hope…
SPY parabolic support. Reversal possible. Chart later...
Thanx Lang. Yes, it looks good.
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UP in pre-market…Chart: trend should hold: Gann’s rule of 4. Watching vol.
Nice! I am keeping them...
Have a nice trip! I envy you…
Good idea with the GLD calls…
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So....that's what it was...
HGSI is close to its target at 25.