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aussiebear

World Stock Markets Trading Discussion - Dishevelled dalliance

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All Ords 5-day chart

big.chart?nosettings=1&symb=AU:XAO&uf=0&

http://bigcharts.mar...com/default.asp

 

All Ords faded away to finish -0.2%.  Sectors ranged from Gold +1.1% down to Utilities -0.7%.

Over in Asia, China -0.9%, Hong Kong -1.2%, Japan -0.4%, India currently +0.8%.

UK/Europe trying to decide which way to jump: FTSE -0.2%, DAX -0.1%, CAC -0.2%.

 

big.chart?nosettings=1&symb=UK%3AUKX&uf=

  

  

big.chart?nosettings=1&symb=DX%3ADAX&uf=

 

 

big.chart?nosettings=1&symb=FR%3APX1&uf=

  http://bigcharts.mar...com/default.asp

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I guess that selling that SPY call yesterday was a half decent idea. 

With options, time is your enemy. If a quick profit is available, grab it. 

A deep out of the money play would have been far more profitable, but they're also the ones that to right  to zero when you're wrong.  You can't recover from zero. Which is why I prefer to buy at the money. Not as sexy when you get the timing right, but they hold premium better and offer some recovery with the use tight stops to protect against those times when you're not.  

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Server problems this morning. New webhost has problems.  Same old same old.  

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3 day cycle projection 2930, pretty much done. 

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7 minutes ago, DrStool said:

5 day, 2933, done

That was a vicious bear market.  Jerry Show Me the Money Powell is giving words today so unless he screws up you know how that should go.

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Apparently Wallstreetexaminer.com is under dos attack. I have initiated attack mode which requires a browser check before you can access the site. .  

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Now the Stool is also experiencing issues.  Sorry for the interruptions! 

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