Bull Trapping Part II or Sell the Bounce

Ah. Got it.

Teh stocks are guaranteed to go to the moon!

 

Today was best described as options expiration "Pin the Tail on the Donkey"

Haw. Hee Haw. Haw. Hee Haw.

 

Tomorrow we pin the tail on 1304-1305 as the donkey jumps off a cliff.

 

How's this for an option's expiration pivot?

 

Have not got my 1305 yet but we did sell off so far on that gap.

 

What happened Vol. you used to be endlessly bullish? Are you short? Isn't that blasphemy?

 

Been playing both sides, but mostly from short side today.
Am long Es right now at 1330

 

As noted I was bullish into today. The gap up was a gift, nice short set-up. I'm done for today. Next week will be interesting.

Have a nice weekend!!!

 

Nice LITTLE sell-off this afternoon.

Interesting how record trade deficits sparked a retest of last weeks highs.

 

Hours of gains gone in less than 20 minutes.

Did you get any ?