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The waiting is the hardest part......


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Posted

4 days of compression at the highs..

Just need some of the shorts to flinch and UP it goes.

 

 

Yep, and up it WILL go.

 

ES 60min chart bullish consolidation, 1300 a cinch be the close tomorrow

Posted

I'm looking at the 1 month hourly chart and see nothing that suggest a smack down or some sort of important top is happening. Big intermediate tops don't happen like this. Still believe higher prices are coming and a touch of the top of the weekly Bollinger Band is coming.

 

Trade Safe.

Posted

I grabbed some more SPY puts at the close. Coming into this morning I also had some QQQ puts and TZA [thing looks weird] but I closed those for nice profit just before the bounce at Doc's cmap of 1273-1274. I had some stuff there.

 

I kept the SPY puts, which went against me a bit, and added a pile at today's close for the morning bedshatting. :P

Posted

Diversity makes a market!

 

AAPL is an exhausted turd. Time for new dong leaders as the momo money sees better value in value plays.

 

Who da next momos gonna be? That's what we must ask ourselves.

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