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