DrStool Posted March 20, 2019 Report Share Posted March 20, 2019 9 minutes ago, Jorma said: Well it's official. QT taper, starts in May, and then QT ends totally in Sept. We knew it but now its official. Stunning about face. Everything Powell said in November was a bald faced lie. Every word. That said, still bearish. If the Fed don't pump, you must dump. Link to comment Share on other sites More sharing options...
fxfox Posted March 20, 2019 Report Share Posted March 20, 2019 That statement and Poopwell presser is maximum dovish. Ass shaver for bears. The bear is dead. Accept it. Link to comment Share on other sites More sharing options...
DrStool Posted March 20, 2019 Report Share Posted March 20, 2019 Bearish, bearish, bearish. Link to comment Share on other sites More sharing options...
DrStool Posted March 20, 2019 Report Share Posted March 20, 2019 Liquidity Trader - Got stopped out of our weekly SPY call reco around noon, with a gain of 65%. Too bad. Coulda been more, but we'll take it. Still have a prospective put trade on the table if the market rethinks this Fed move. We'll see tomorrow and Friday. Link to comment Share on other sites More sharing options...
fxfox Posted March 20, 2019 Report Share Posted March 20, 2019 1 minute ago, DrStool said: Liquidity Trader - Got stopped out of our SPY calls around noon, with a gain of 65%. Too bad. Coulda been more, but we'll take it. Still have a prospective put trade on the table if the market rethinks this Fed move. We'll see tomorrow and Friday. The Dec 2018 low is the line in the stand. It is THE low. That‘s all I need to know. Who cares if we go 200 or 300 points down from here? Fact is, they will not allow market to go to 1500/1600. Link to comment Share on other sites More sharing options...
Jorma Posted March 20, 2019 Report Share Posted March 20, 2019 If the Fed don't pump, you must dump Good one Lee. Link to comment Share on other sites More sharing options...
DrStool Posted March 20, 2019 Report Share Posted March 20, 2019 Still below Tuesday's high. Link to comment Share on other sites More sharing options...
DrStool Posted March 20, 2019 Report Share Posted March 20, 2019 The market is up 3. Let's everybody panic now. Link to comment Share on other sites More sharing options...
DrStool Posted March 20, 2019 Report Share Posted March 20, 2019 Nobody likes to get stopped out at the low of the day, but it is what it is. I chose that price for a reason. It's not a perfect science. It will work more often than not. Link to comment Share on other sites More sharing options...
DrStool Posted March 20, 2019 Report Share Posted March 20, 2019 If the Fed don't pump, you must dump. Link to comment Share on other sites More sharing options...
potatohead Posted March 20, 2019 Report Share Posted March 20, 2019 14 minutes ago, DrStool said: Nobody likes to get stopped out at the low of the day, but it is what it is. I chose that price for a reason. It's not a perfect science. It will work more often than not. I learned very early in my career, can not go broke by taking a profit. However, "trader's remorse" is another story. Link to comment Share on other sites More sharing options...
Jorma Posted March 20, 2019 Report Share Posted March 20, 2019 7 minutes ago, DrStool said: If the Fed don't pump, you must dump. Still a good one. Link to comment Share on other sites More sharing options...
DrStool Posted March 20, 2019 Report Share Posted March 20, 2019 6 minutes ago, potatohead said: I learned very early in my career, can not go broke by taking a profit. However, "trader's remorse" is another story. There's always another streetcar. Link to comment Share on other sites More sharing options...
fxfox Posted March 20, 2019 Report Share Posted March 20, 2019 12 minutes ago, DrStool said: There's always another streetcar. ... or bulldozer ? Link to comment Share on other sites More sharing options...
aussiebear Posted March 21, 2019 Author Report Share Posted March 21, 2019 ---> Teetering Thursday Link to comment Share on other sites More sharing options...
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