1st trade cl short was a loss, kept going up even though ES was flat or going down. Shorted CL again, made double profit of what I lost. Reason for 1st loss, I was picking a top instead of waiting for my indicator to give a 2nd confirmation. For 2nd trade, did get bearish doji candle to also confirm market was done fucking with me by going up. Currently, buying SPY 117 puts that expire on Oct 22. I bought at 1.32, trying to limit in 2nd at 1.20 if market goes back up. Jobless report was very bearish, and this was not priced in since stocks are very high from recent lows, so I see reversal of trend to downside.
Because that is Anek's call, not ESD's. The last time he went long, although his limit order wasn't reached (I think it was below 1030 or so), but his targets were all hit on the long side. Now I wonder if we don't hit the 1188 limit short entry where is Anek going to enter the short side???
And price was around 1174.00 when he posted this. "EMG Post" - the only indicator that actually indicates in advance where price is going that day
I have a question. Is there some well hidden rumour that something substantial can bankrupt? Something of Microsoft size I can not help me but past month looks to me like lift those are MM making when they know that something very bad is coming so they need room to stop it before it will fall in abyss. I know these lifts 10-15 point for day, bad earnings and bang we are back at start. But what can happen so they need 100 ES points buffer capacity?
Yep, last print 1173. Confirms psychopathtic behavior [Psychopathy was, until 1980, the term used for a personality disorder characterized by an abnormal lack of empathy combined with strongly amoral conduct but masked by an ability to appear outwardly normal.]
Im betting Citi Bank will go bankrupt. Citibank will be another Lehman Bro and the gov will not bailout. When that happen, ES bottom between 450-550.
Kommissar Benny speaks to the prols and flying monkey POMO scheduled tomorrow. Upper gap fill on deck again.