Gotta love ZERO RISK in the SP500 = $$$

Discussion in 'Trading' started by makloda, Jan 27, 2007.

  1. Max E.

    Max E.

    SHORT PACB here at 8 bucks.
     
    #10961     Oct 7, 2015
  2. was this one on your earlier radar or ..... wait I see its had a double since friday
    and we are running into the close...nice set up MAX
     
    #10962     Oct 7, 2015
  3. its moving into a blow-off top and profits are being taken as we speak...nice gap down at the am tomorrow I would say
     
    #10963     Oct 7, 2015
  4. by the way the ES is holding up nicely into the close..
     
    #10964     Oct 7, 2015
  5. down she goes
     
    #10965     Oct 7, 2015
  6. Max E.

    Max E.


    Yeah, truth be told im up small on it shorting the last 2 days but i missed it today or i most likely would have been short early.

    Price action seems really manipulative, like cant even tell how many times it should have broken down from the short side only to see some ass hat step in with a 20 k bid and everyone buy in front of him.

    I could be just fighting legitimate strength but when i see stuff like that i always think counterintuitive, no one trys to buy stock by walking up huge bids and trying not to get hit...... so unless its the dumbest buyer in history this thing should see seven or lower before it sees ten.
     
    #10966     Oct 7, 2015
  7. that counterintuitive thinking is hard to master...once you have it.... keep it as your strength

    by the way once it started falling you notice how the mm brought it back up to try and stem the tide
     
    #10967     Oct 7, 2015
  8. Max E.

    Max E.


    Took half off at 7.80. will be looking to add it back tomorrow, but this way im a little more prepped for a gap up, just incase.
     
    #10968     Oct 7, 2015
  9. Max E.

    Max E.


    Yeah, this guys been doing it for days, he rescues it from breakdown, i figure theres only so long it can last, no one i know of tries to buy stock that way. Really look for weakness if there is a gap down tomorrow as there is plenty of bagholders now so anyone long is going to be in a panick if it opens down tomorrow.
     
    #10969     Oct 7, 2015
  10. Max running a clinic here today for us...I have learned a lot today Max...:) thank you

    if it gaps up at the open its only the mm sucking in more buying to off set his holding price it won't last at all ...not after a straight up double in some few days
     
    Last edited: Oct 7, 2015
    #10970     Oct 7, 2015