Gotta love ZERO RISK in the SP500 = $$$

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

  1. Wow.... radio silence from Commander Trump. He couldn't keep his mouth shut on the way up.
     
    #23361     Feb 24, 2020
  2. Should be a good buy off the Open (posted already on ES journal pre-open).

    I don't think this is IT. Not yet.

    Or is this IT? :)
     
    #23362     Feb 24, 2020
  3. Deez

    Deez

    The buying at the open looks rather weak. I'm waiting to cover half or all of my short below January lows.
     
    #23363     Feb 24, 2020
  4. S2007S

    S2007S


    Its the same thing. Markets open down huge and bounce...they look a tad weaker the last 20 mins but I'm sure buying will come in. How can anyone resist a 3% huge buying opportunity
     
    #23364     Feb 24, 2020
  5. tiddlywinks

    tiddlywinks

    LMAO! Thanks for the morning funny!
     
    #23365     Feb 24, 2020
    PoopyDeek likes this.
  6. Deez

    Deez

    I'm just observing the buying has been weak during the past few down days. No signs of accumulation but that could certainly change.
     
    #23366     Feb 24, 2020
  7. S2007S

    S2007S



    I added SOXL and FNGU for at least a 5% bounce.

    Sold off My VXX and some SMDD but still short more than long
     
    #23367     Feb 24, 2020
    murray t turtle likes this.
  8. What do you mean it looks weak? Do you have a way of defining that? We're up 30 points from the Open, yes?

    In recent history we don't have as many similar days to compare with. But the last time 'this' happened, the day closed higher than we opened.
     
    #23368     Feb 24, 2020
  9. Deez

    Deez

    Well good luck with them apples. I'm holding 3k SQQQ average fill $16.50
     
    #23369     Feb 24, 2020
  10. Deez

    Deez

    From a system standpoint I do not. But, I am watching the trajectory of the uptrend and lack of volatility. If they were accumulating I'd expect to see sharper moves in both directions.
     
    #23370     Feb 24, 2020
    murray t turtle likes this.