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Could you clarify as to why you would sell this rally today and give technical support?~d
OT: Congrats, that's an excellent choice.
I would say go fishing, but I have an idea you don't fish. Do something, get out of the house, go hiking, anything.
No, not yet. Skew is to the downside and puts are way too expensive. I think they're going to smash the bears some more.
(edited) I agree, based on options volume analysis and breadth. Catching up here.
Best regards to you.
~d
Ps: But those algos are so good! Completely lost confidence yesterday in my short term rally projection.
Rally finally showing it's hand. I hate it when I get a strong feeling like that and it doesn't happen. Like an itch you can't scratch.
~d
Rally was a day late and not sure if it will be good news or just your plain ole' vanilla short squeeze.
What do you think?
I just keep having the feeling they're going to try to wipe out the bears before the decline really gets going (if at this point). And as I just said, could be wrong.
My 2 347 calls expiring tomorrow are in very bad shape.
:(
I am betting big. I have 2 347 calls expiring tomorrow!
I think we reach 347 and possibly 350, after that, not sure. Then hard down, as I said. As I said before, the algos are meticulous at hiding a rally before it starts, but also a decline.
So...I am losing confidence in my rally til Wednesday call. 333 really needs to hold for this projection to hold water, IMO.
If I am wrong, I have certainly been wrong before and will be again.
I honestly don't know, Spartex, sorry.~d eom
Even if it goes up a bit, it's not worth chasing it until it can sustain a move over 3580.
Good luck to you, Schneidke.
~d
OT and important: I am in the process of doing something new that I've never done before, telling all my friends to be protective of their 401K's and any money they have in the market after Wednesday, and to tell all their family and friends the same.
This will be another wealth transfer if this decline til December actually takes place, and and I view it as my responsibility to help protect those those who raised and nurtured me.
If you feel similarly about the market right now, please join me and tell all your loved ones and friends the same.
The SPY/es/SPX algos are expert in making a bull rally look weak and vice versa...
I am in the process of doing something new that I've never done before, telling all my friends to be protective of their 401K's and any money they have in the market after Wednesday, and to tell all their family and friends the same.
This will be another New World Order wealth transfer if this decline til December actually takes place, and and I view it as my responsibility to help protect those those who raised and nurtured me.
If you feel similarly about the market right now, please join me and tell all your loved ones and friends the same.
I forgot! Thanks for keeping us on the right side of Weird Wolly Wednesday again, Ferda!
~d
You are a terrific trader and I appreciate your input.~d eom
I am confident we go up until Wednesday, but thank you, Hunter. Big shorting opportunity after that.
Looking under the couch for extra money for puts after this post.
TSLA: Long two Sept 11, 500 lottery calls.
Posted before up until Wednesday, then down hard after Wednesday or Thursday. Gap down today very bullish. Bull trap after Wednesday.
~d
North,
Whats your projected goal on the 60 minute sC-1?
I have up to 350 projected and if that's exceeded, a retest of the highs or close to, by Wednesday. Then call me crazy, down until Christmas and possibly 2500.
There is a Hurst projection of 323 to 317 on the table already.
Oops!)eom
Think we may hit 550 first, or even retrace back to 358 by Wednesday morning/afternoon. Have my puts hedged.
Cleaned out the bulls last week, now time for the bears.
I suppose so.~d eom
OT: Don't get me wrong. I'm not saying that there isn't a virus (that was specially created in a lab, as was SARS and Ebola).
I'm saying that there is no pandemic and that the virus was an excuse to close businesses down so people will starve to death.
Wait, and see and mark my words. Keep them on the back burner, as they say.
Edited: Watcher, I spoke to a doctor the other day who used to work in a Hazmat suit with very dangerous bacteria, doing research. He told me the only mask that stops a virus is a reverse pressure mask.
Your mask that you wear is actually dangerous to you. Your saliva creates an artificial humidity that bacteria thrive in, and they have nowhere to go except back inside you.
Do you wear a mask when people have the flu around you? Thousands of people die of the flu every year.
I used to work in the vitamin industry, I was a consultant and worked with some of the most famous doctors in America, and can recommend vitamins that are very protective for the immune system. I haven't gotten a cold or virus in over 20 years and I believe it's because I mega dose with these vitamins almost every day.
OT: There was a video on Youtube about 4 years ago showing a news anchor on his local TV station. He had a tape on displaying military drills in Alaska with actors who were playing rioters.
He suddenly stopped the tape and said, ' Why are the posters the actors/rioters are carrying say "WE NEED FOOD! GIVE US FOOD!"? and he continued, "This is America! Why that? Why not something like 'Free Africa' or...'"
He was fired the next week. And this was at least 4 to 5 years ago.
OT: Schneidku40, they have to keep the Covid thing going to separate us from our jobs and money. Most stations and news links are owned, forced, and influenced by the government, who wants us broke, starving and dependent on their handouts and controlled. This has been in the works for over 70 years.
60,000 people died of malaria in 2019 in India and they didn't shut the country down. As of May of 2020, approximately 700 died of Covid and the country was closed. And maybe not even that (700 deaths). Deaths are deliberately being mis-diagnosed as Covid. Here in my local county, a local newspaper put out the list of deaths that were misdiganosed and the two men who owned it got death threats.
Death threats?
Sweden went unmasked and didn't close businesses and had no more deaths then any other country. Anything you read to the contrary is a lie.
Try to find the following information on Google these days. You won't. We are under total shadow censorship.
"Today American's would be outraged if U.N. troops entered Los Angeles to restore order; tomorrow they will be grateful. This is especially true if they were told there was an outside threat from beyond, whether real or promulgated, that threatened our very existence. It is then that all peoples of the world will plead with world leaders to deliver them from this evil. The one thing every man fears is the unknown. When presented with this scenario, individual rights will be willingly relinquished for the guarantee of their well being granted to them by their world government."
Henry Kissenger at the Bilderburg meeting in Evian, France, 1992
Taped by a Swiss delegate
350 for sure. But I think it will only be till Wednesday and fter that I think it will be straight down.
I'm hedged long over the weekend.
I'll bet 336 against your 350.~d eom
Closed out at 549. Option was given to me way too fast.~d eom
Long NVDA at 542.~d eom
No Quarter, true. And when utilized on different time frames can indicate different directions, based on the time frame, height of the correlation and number of instances before a move.
As I've said, I've been studying it for years.
Can you clarify by what you mean by that, TT?~d eom
My heart belongs to Netneutral...
Or one to two weeks.
Two many people expecting down AFTER the election.
~d
NoQuarter, I've been playing around with this indicator for years now, on many time frames and with many variation in the parameters and what I've noticed is that when the correlation spikes this high, it often declines first and then there's usually a second, and lower, incident. It's the second or even the third (and they are always lower) incident that seems to set off the decline.
Not saying it will happen now.
Oops!~d eom
Good Lord, I forgot that today was Weird Wolly Wednesday.
THAT'S OK!!! I CAN!
Are you single? Can you cook?
Lololololo...