DOW futures down 347

Discussion in 'Index Futures' started by KCalhoun, Mar 26, 2020.

  1. KCalhoun

    KCalhoun Sponsor

    Ok so it's not a lot but it's a start..

    https://www.cnbc.com/

    Who else is going short into the weekend? Or, who is bullish?

    Regardless of tomorrow's price action I'll be buying inverses for next week's bloodbath. I could be wrong. Then again I made 1 top call here in 14 years on Jan 24th and nailed it.

    Btw a famous talking head today said don't short an oversold market. He also said to buy gold a month ago, before it got crushed.. lol. #booyahbs

    Pick ur side ladies, be thy bulls or bears? Only people who really trade need answer, :p

    #bearswin
     
    Last edited: Mar 26, 2020
  2. Overnight

    Overnight

    This is the second time I've seen you mention that call in 2 days. Ease off.

     
    nooby_mcnoob likes this.
  3. KCalhoun

    KCalhoun Sponsor

    Ok. Agree. Good point. MIB is funny

     
    Last edited: Mar 26, 2020
  4. hafez50

    hafez50

    Beat you to it . Loaded soxs at $16.29 avg today. I was so amazed the sox is 22% off its highs and soxs is back at its all time lows . Crazy
     
    KCalhoun likes this.
  5. KCalhoun

    KCalhoun Sponsor

    True, I bought a bit too, 52w lo in SOXS is way tf oversold. Bought a bit of TWS SQQQ TVIX VXX to round the bear port out, will be buying more tomorrow, maybe SPXS SDOW too
     
  6. Pekelo

    Pekelo

    With this volatility and overnight swings, we could open up 300 points. That being said I sold vertical calls this afternoon.

    This is not an oversold market anymore. It was at 2200...
     
  7. Noone123

    Noone123

    Was short yesterday with expected dip today. If it comes a day later, then, I am still good. The VIX goes down slowly with the rally but will explore with a big dip...so I can still come out a head with a retrace of the same magnitude.
     
    KCalhoun likes this.
  8. KCalhoun

    KCalhoun Sponsor

    Update 11:30pm now -200, fri am could be anywhere

    Absolutely true, we could be up or down 1k tomorrow morning. Loving the volatility, this market is like a supermodel in a nightclub lol.

    Target = 1750 easy. Oversold = 1400
     
    Last edited: Mar 26, 2020
    lovethetrade likes this.
  9. All in calls
     
  10. Here4money

    Here4money

    You really think the bottom is 22? Or was that just your short term support?
     
    #10     Mar 26, 2020