20DMF

[Pascal]

Selling is gaining traction.
The downtrend seems to be stronger than hope, but we will have our dose of FOMC hope on Wednesday.


Pascal

[gapcap1]

boy, i hope you're wrong pascal
just bought a bunch of 46.75s
scalped out of 1/2@51.25-52.25
going to try to hold the balance through fomc and payrolls

if i'm not mistaken, that will be the bottom, for quite a while
good chance that those early morning margin calls (you alluded to) blew out the last longs; and NOW it's good
would not be surprised to see ~1900 this week

-g

Selling is gaining traction.
The downtrend seems to be stronger than hope, but we will have our dose of FOMC hope on Wednesday.


Pascal

Attachment 23664

[gapcap1]

relatively aggressive adding to my position
has added 30% to my cost basis,
so i'm done adding-
if the position works it will be worth it,
otherwise it will have been a monumental waste of time
and a lot of money left on the table.
however, without asymmetric returns
including the occasional outlier
trading is a monumental waste of time and
one does not have a shot a sustainable success

[Pascal]

The dataflow broke down and seems to come back, but rather volatile right now.

I opened a short TNA position at 67.39. Under water right now.
Still keeping the CMG short.

I think that Yellen's after sale support is working hard now.
All in all, the S&P500 is only slightly up and there is no clear direction.



Pascal