this market just does not want to sell off. very low volume, tough to short a dull market. I have been trying to short oil via DTO but oil is acting very well today. also am short SnP via SDS. I would not be surprised to see yet another short squeeze into the close today.
Ok, it is money time. If we hit new highs of day from here I am out. would love to see late day sell off, but who the hell really knows. This has been a difficult day to stay in any trade.
I will be the first one to say this. Few minutes ago, that was the top for the market in this week. I know this is too early to say. Here comes 3:00 PM selloff.
Dude, this is some crazy chit! I am out now, probably tank another five points on SnP since I booked my chit on the bounce (after watching my position bleed all day long). Don't need the bullchit stress.
Solar stocks are about to begin its second leg down.
ReplyDeleteI am shorting CLF again one more time at 54.25.
ReplyDeletethis market just does not want to sell off. very low volume, tough to short a dull market. I have been trying to short oil via DTO but oil is acting very well today. also am short SnP via SDS. I would not be surprised to see yet another short squeeze into the close today.
ReplyDeleteThe bulls and the bears are exchanging hand at the even mark line. The bears will win the battle this week.
ReplyDeleteComplete tug of war today.
ReplyDeleteOk, it is money time. If we hit new highs of day from here I am out. would love to see late day sell off, but who the hell really knows. This has been a difficult day to stay in any trade.
ReplyDeleteI will be the first one to say this. Few minutes ago, that was the top for the market in this week.
ReplyDeleteI know this is too early to say. Here comes 3:00 PM selloff.
Be careful GCL...the MM's are bullish and the small traders bearish...the MM"s usually are not in positions to lose $$$ just sharing.
ReplyDeleteRalph the Mouth?
ReplyDeletecotstimer.blogspot.com
Dude, this is some crazy chit! I am out now, probably tank another five points on SnP since I booked my chit on the bounce (after watching my position bleed all day long). Don't need the bullchit stress.
ReplyDeleteDamn, the big boyz are good. All day low volume bleed in SDS and gets it all back in 20 minutes on mini volume spike. Gotta love this crap.
ReplyDeleteWe could be setting up for a gap down tomorrow
ReplyDeleteI bot Mar 42 puts (Q's) 80 cents and went on vacation.
ReplyDeleteI didn't sell 1.40 and now married to them.
I need a crash.
My EW guy saying if short cover by 10am tomorrow because we will go to new highs so keep a stop in place
ReplyDeleteAlso GCL what do you make of Junk being bought such as AIG means money is flowing into the market doesn't it?
ReplyDelete