pthomas215 1,251 posts msg #142491 - Ignore pthomas215 |
2/27/2018 4:19:33 PM
we finished the day on a deep downslide. almost always an indicator that the next day will be rough, at least for part of the day. in my humble experience...maybe an overnight vix trade?
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pthomas215 1,251 posts msg #142492 - Ignore pthomas215 |
2/27/2018 4:21:56 PM
Keep an eye on SQ. they just posted a widening loss. high volume tech stocks have a history of gapping down....then quickly filling the gap...or at least partially filling the gap at the open.
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sandjco 648 posts msg #142502 - Ignore sandjco |
2/28/2018 8:35:04 AM
not sure anymore PT...seems like the market is like me....undecided and trading without conviction.
I picked up RUSS $15.62 EOD. Spoo reversed...will it follow thru?
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pthomas215 1,251 posts msg #142503 - Ignore pthomas215 |
2/28/2018 8:46:41 AM
i know. it appears i was incorrect on both accounts. Square didnt do much after all. the market was down due to FED so selling into the close yesterday i thought meant it would continue. undecided market.
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pthomas215 1,251 posts msg #142504 - Ignore pthomas215 |
2/28/2018 10:56:40 AM
then again, IWM just tanked. you know what that means....markets are all green now, but they will soon follow. IWM....drives the entire market.
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sandjco 648 posts msg #142517 - Ignore sandjco modified |
3/1/2018 12:19:43 AM
If true...looks like the ST EMAs are turning down... my SPOO puts are doing well so far along with RUSS. Maybe I should played the IWM or TQQQ puts.
The high fliers you would think would be ready to roll as well....so you would think....
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pthomas215 1,251 posts msg #142520 - Ignore pthomas215 |
3/1/2018 7:44:55 AM
I do like how IWM looks for a put or a straight short.
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pthomas215 1,251 posts msg #142521 - Ignore pthomas215 |
3/1/2018 9:02:46 AM
sanjdco, probably going to go long on TMF.
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sandjco 648 posts msg #142544 - Ignore sandjco modified |
3/1/2018 10:27:12 PM
Out of RUSS using EOD of $16.62.
Good call on TMF if you went it. I can't watch the market all day. Got filled on my TQQQ put stinker bids. MACD turning down.
SPY puts worked out; amazing the leverage...which cuts both ways. Sold half to take money off the table.
Weird thing is...the market seems to either open strong and then fade ... it feels like the big guys are selling into strength to raise cash to play another day.
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pthomas215 1,251 posts msg #142545 - Ignore pthomas215 |
3/1/2018 10:55:34 PM
yes I am long TMF and short VRX. so far so good.
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