flipped VXX shorts. added 1% to acct. little bits make for a big meal.

exactly!!

I will be after I make some money

that is actually what I expect, panic selloff then reversal for short covering. just my thoughts that is what happened last monday

HAHAHAHAHAHA!!!! Thanks for giving up, cannot take any more!!

I'm dying reading those two. too funny

immediate oversold condition will help this bounce just after the open

Yes it will. look at monday's action. opened down hard in oversold territory then screamed up. looking to short VXX on the pop. gm to all. lets gear up to kick butt, should see some nice trading swings today.

sold at 26.85 when SPY at 198.

that was my thoughts. too bad this drop did not pan out as I expected. I am the same, have a plan if it doesn't go that way I wait for the next day. Saves a lot of grief

figures, got out of VXX too soon. but I did make a buck, "another winning trade"

fwiw. I just flipped VXX and it did not go up all that well with this DT. seems ppl may be thinking back up before the big fall. darn shorts keep popping it back up (that is opinion only)

well, this method just gave me a signal, but did not get in as I did not see it as strong. The low volume has me skid-dish as it only takes one or two big hedge boys to make it move. also see no trend one way or another in the market. that is why I tend to only trade 5 or 6 times a month, but average 5-6%/mon with a goal of 3-4%

I use the 4 hr chart at 3 min intervals. And the candle needs to open and close below the 20. I may miss the start of a run, but that rule eliminates a lot of the clutter fluctuations

agree, but also believe they are losing steam and am looking for a reversal to the downside. candle close below the 20 and the 20 slope neg is my personal buy puts signal on this play

watching the 4hr 3min chart as spy tapping the 20ma. if it falls below and the 20 turns neg, I find that bearish and puts

gm all, here is to another great week of trading

you are not alone on the fundamental side. my fundamental side is that china lies and economy in the toilet, feds could jack up rates, and historically Sept is a crap month for stocks. Sooo I see a fall near term fundamentally.

that's what I am waiting for. still waiting LOL

I know, you talking about it here got me into the study of it and how to use it. that signal mixed with 20ma that I was using has significantly increased my win % over the last couple of months.

I follow the 20ma on the 3 min chart. ADX, -and + D, missed the crossover of D's at 11:40 bear signal. 20ma was turning neutral to help confirm the cross. I also watch the slopes for how strong the move is.

honestly I do not know, 75 mil shares traded and this has essentially done zip squat. Bulls and bears in the center ring all even. I will just follow my signals and play it as I see it. I find if I too heavily try to predict movement I tend to play what I want to see and not what is actually there. hope that makes sense

just sitting, patiently waiting, had a couple of buy signals, but no strength. I expect a big move soon, just waiting

I found it unusual that SPY was up yesterday, But so was VIX/VXX.

I trade options long using spreads

reality will set in come nov-jan. that is when I will go long. until then it is scalp season!!!

as we said on submarines "DIVE, DIVE, DIVE"

hahaha, self employed farmer, retired navy, every day is a holiday!!!!

good catch, am a week off

not to be the dandelion in the 18th hole green. this pop in GDP now increasing likelihood of rate increase use to be neg for the markets. My thoughts are the initial pop was weak short covering adn the markets will slide into close tomorrow. just thinking out loud.

makes a lot of sense, it may even start earlier than 3pm. Have one day trade left, holding for EOD

you have ppl with weak hands taking profits, minimizing loses on every pop, this market is not ready for a pop until the hedge fund managers say so

wow, talk about a kick in the backside. got me afeared now!!!

sold my VXX shorts, this is going to gap fill then go higher. 15% profit

hard to tell what is happening pre-market. Is it more buyers coming in or propped up for a quick drop.

gm and welcome

I loaded more VXX shorts prior to close

I am waiting for China to do something to save face. Personally believe this market will run when the hedge fund boys that got all cozy for a sept rate and subsequent market fall that probably will not happen now get positioned for the market to slingshot back up and then push.

this buyback EOD makes me agree with many that the bottom is close, would not be surprised if green tomorrow.

I have SPY brick floor arround 1975 or so which is arround $198 added a few VXX puts.