Oil beginning to threaten SIFs

L ES 1020.25

4 handle stop loss. No PT. All feel.

nitro

 

Out -4 handes.

Looking long again. Anticipated the break and lost. That was stupid.

nitro

 

Will this be an M double top?

nitro

 

L ES 1025.00. 4 handles stop loss. No PT just feel.

nitro

 

Adding L ES 1026.00.

nitro

 

Out on 1/2 - 4.

nitro

 

Out rest - 5.

nitro

 

Yep. Now the question is, does the M turn into an extended W, or a continuation lower? Another possibility is range bound. Range bound makes it easiest to trade once established, imo.

Critical next two days.

nitro

 

Hearing FNM halted. 80 delta that is good news.

nitro

 

IBM has lost 30%+ of value. They pre-announce and reaffirm.

Market wacks it to oblivion no matter what. Imo, total disconnect between reality and markets. But markets can stay irrational longer than you can stay solvent. That said, I would be looking long IBM in tiny shares.

nitro