sandy beach Posted July 9, 2018 Report Share Posted July 9, 2018 There's no resistance until about 2790-95 either. If the market doesn't start to roll over by 1 PM, there's another cycle that suggests a rocket ride right into the close. I think I'll go crawl back under my rock and assume the fetal position. After every bull run is a shorting opportunity waiting for you. Link to comment Share on other sites More sharing options...
BurntOnce Posted July 9, 2018 Report Share Posted July 9, 2018 $800 Billion in stock buybacks Link to comment Share on other sites More sharing options...
Jorma Posted July 9, 2018 Report Share Posted July 9, 2018 That crime which is UVIXY in single digits is tempting. Link to comment Share on other sites More sharing options...
sandy beach Posted July 9, 2018 Report Share Posted July 9, 2018 That crime which is UVIXY in single digits is tempting. Say that's a nice looking VIX you got there - it'd be a shame if something happened to it. Link to comment Share on other sites More sharing options...
DrStool Posted July 9, 2018 Report Share Posted July 9, 2018 3 day cycle projection 2790-95. Ouch There's no resistance until about 2790-95 either. If the market doesn't start to roll over by 1 PM, there's another cycle that suggests a rocket ride right into the close. I think I'll go crawl back under my rock and assume the fetal position. Alrighty then. There you have it. Link to comment Share on other sites More sharing options...
zero_value Posted July 9, 2018 Report Share Posted July 9, 2018 Alrighty then. There you have it. Remarkable 10 year parabolic curve intact. Way down on UVXY [email protected] and [email protected] holding these despite the financially screws tightening on me nuts.... Liquidity will win in the end however this crap now on corporate leverage through debt based buy backs is expected to slow and even reverse in the face of cost of paper rising trend. Terminal phase always sucks for anyone even dreaming of Goldilocks. Link to comment Share on other sites More sharing options...
sandy beach Posted July 9, 2018 Report Share Posted July 9, 2018 Factoid: mid-term off-presidential election year (this year) corrections have occurred 14 times since 1962 with nine of them reaching their lows in the second half of the year. Three of the lows were in the third quarter and six in the forth-quarter. October is the most common month for these lows since 1962 which includes five such bottoms. In every case (all 14 events) once the bottom is reached at least a 27% gain has occurred after the bottom. Your mileage may vary. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted July 10, 2018 Report Share Posted July 10, 2018 The move above 2745 was a buy. One have to assume we’ll hit the top of the upchanel at 2830-2840 area. Might be an area worth taking a shot on the short side. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted July 10, 2018 Report Share Posted July 10, 2018 I’m flat and will just going to wait for it. Link to comment Share on other sites More sharing options...
aussiebear Posted July 10, 2018 Author Report Share Posted July 10, 2018 ---> Tuesday trawling http://www.capitalstool.com/forums/index.php?showtopic=13275 Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.