Buying SPY here

Discussion in 'Index Futures' started by Aj2014, Aug 8, 2017.

  1. Aj2014

    Aj2014

    Long a few hundred share of SPY here at 248.44

    Looking to get in on this pullback

    Targeting 252 area initially
     
  2. atrp2biz

    atrp2biz

    Pullback?
     
  3. Aj2014

    Aj2014

    Yeah, it got up to nearly 249, and now it's pulled back too much (all the way to near 248 now!), so expecting a good melt upwards soon
     
  4. Aj2014

    Aj2014

    starting to get very oversold here, but don't want to get too heavy yet. Will just wait for the bounce
     
  5. DeltaRisk

    DeltaRisk

    Maybe....just maybe, it's time to start loading up on SPXS.

    But....what do I know?
     
  6. Buy1Sell2

    Buy1Sell2

    What was the uncle point here? -
     
  7. Aj2014

    Aj2014

    waiting for the bounce. Still holding. Will add too it next week if it shows further weakness. Too early timewise to add yet for my rules