Gotta love ZERO RISK in the SP500 = $$$

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

  1. GAP OPEN... SIDEWAYS FOR 6 HOURS.... WASH RINSE REPEAT.
     
    #8461     Aug 10, 2015
  2. romik

    romik

    Short YM stop just above todays INDU high
     
    #8462     Aug 10, 2015
    FCXoptions likes this.
  3. I was just thinking it looks like a better opportunity to short
     
    #8463     Aug 10, 2015
  4. i wouldn't short this with YOUR $:)

    "You done good, but you gotta keep doing good."
    - G. Gekko
     
    #8464     Aug 10, 2015
  5. Exactly...but this has been going on for more than a decade...It's just that now the markets are super thinned out, HFT algo's chasing the markets higher and it's just too damn easy to gap this stuff up 1.00% and let the bid sitters do the rest...I still think this is a longer term distribution, but it's a remarkably controlled decline and let's face it...if this thing started cascading lower like it did back in 2008, the consequences would be that much worse...so just a rolling chop lower with massive squeezes interspersed is exactly what the Fed is after...
     
    #8465     Aug 10, 2015
    jimmiebarton likes this.
  6. That's how you play the "rolling chop" or you just wait for the appropriate volatility index (vix, vxn, rvx) to regress back to its support level and you rinse/repeat...but you have to be extremely quick on the trigger closing out shorts...you only get minutes sometimes whereas you can have hours/days to close out longs...
     
    #8466     Aug 10, 2015
  7. noddyboy

    noddyboy

    Once again, this week is not opt exp
     
    #8467     Aug 10, 2015
  8. well, technically every week is some form of opts exp...but RM would still buy every dip in the market regardless of what week it is...
     
    #8468     Aug 10, 2015
  9. romik

    romik

    Stopped.
     
    #8469     Aug 10, 2015
  10. SPX chart is showing an inverse h&s on the 4h chart
    DJI is showing a descending downtrend

    this could go either way
     
    #8470     Aug 10, 2015