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RE: 6/14/17 SPY, QQQ, IWM update
Update: Sell signals triggerd on both the SPX and COMPX on the open. Still waiting on the RUT/IWM and I "expect" both the SPX and COMPX to at least retest opening highs.
Both of these chart patterns are "deadly"...confirmed tops at lower highs.
Dead as TSLA at 382? Record after record after record high. Ever gonna cover those shorts from 200?
Probly cover Tessie at $8 or so.
Short term buy signal triggered in IWM which will likely lead to the final rally. IWM currrently trading at 141.25 so let's do a quick daytrade into the Fed announcement via the IWM 142.00 strike weekly calls that expire this Fri here at .46 market. These will more than double if I am correct.
aww didn't see this post I would have went for it. Thanks for the QQQ trade making bank
Keep holding til the target I posted gets taken out or I update but this entire shebangie won't hit the skids until the RUT gets finished off. COMP and SPX highs are in though. Now I doubt I can take care of it all until late tomorrow...ahead of Fri. :-)
fucking qqq's keep rebounding back.
I just told you my intentions. Don't fight "the" market! And as you already "know"...I AM the market. How'd ya like what I did to the silver bugs today? >>> "Woohoo! We're gonna be rich!".....doh! :O
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=slv&x=33&y=5&time=18&startdate=1%2F4%2F1999&enddate=6%2F12%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
yeah my puts expire FRI so I might take a hit if the fucking qqq keeps rebounding. Couldn't get back to Monday's low. fuck!
Relax, bubba. First of all you "shuda" coverd the QQQ June expiry 138 strike putskis on the last move down. But even if you didn't, all I need is a gapup move on teh open tomorrow and by late afternoon you'll be GOOG to go. I'll make it a Fri to remember.
well I did cover but when I saw how ugly the qqq were getting I re entered the trade....greed got me. Hope qqq and tsla die quick
What ya think bout GDX ? Looks like a bounce here?
And here we go again. What happened to QQQ 135 mr market?
Lower lows going to continue to produce lower lows in the goldies. The selling in the general markets won't be rectumfied until at least late afternoon. This time bank your short gains.
Update on the Q's...for you's. This selloff today didn't breach the 137.47 low set on Mon. It will tho.
damn did I miss the sell in the qqq today or we still gonna see a sell off by the close? qqq has been climbing all day
Guess it was a blessing I didn't follow you into IWM calls for last friday. BAM to zero
I didn actually play that IWM trade as there was no need to hedge a Q's short with a long. I was just posting the buy signal in "hopes" it would rally I guess. I'm kind of personally "trapped" into playing a VIX trade on a short term basis as my mistake at teh last high was waiting for an actual sell signal to set off that short term ass kicking. The Q's "shud be" a safe bet via the Sept 130 puts on the coming sell signal. I'll post that trade against teh guy who is just "guessing." I'm playing teh high payoff odds only. The SLV n GDX trades "should be" nice trades also but both can still fukk each other up like UVXY did today with the gapdown. Somewhere in the past I gave ya low end target for UVXY...belowst $9. It "might" just gt hit before complete crash and burn in the markets. You "shoulda" waited and not gone nutso. The idear is to place a very small bet for a big gain. What did the person who bought $100 DRYShits at 1.79 lose so far? What you waste on commish costs jumping in and out...that's what. :-)
Still not seeing the jaw dropping shock and awe you been predicking for 14 months now. Actually had you just gone long back then on those there FANG stocks...you'd be rich. remember you said FB topped 121 and hated it at 115
Actually, since I only play options predominantly call contracts on the FANGs would most definitely been at a huge premium on the FANGs so not worth the effort imo. Premiums are still too high but as soon as I finish off with the RUT I might give em a looksee. I'm still waiting for SIRI to trade above 5.57 as a new longer term short. I'm gonna take out Warren "the" Buffoon and Howard Sternum with the very first pullback. :-) Btw, any doubt in your mind now that UVXY "might" trade into the $8's like I said "might" happen? You were scratching your golden NUGeTs if you were overcome with anticipation. But at least it didn't turn into a complete ass whoopin this time. Look how much I saved you on DRYShits just in the last week! If you wuz trading it on your own you would have bot at least 4 times so far. :-)