DOW 7500, SP500 800 within 2q's. You need to do more detail oriented homework on historical market bottoms.
Yep. The 150 VIX reading is true. That's why the readings in the 50's earlier last week did nothing for me.
Well I have set my final profit target for the ES at 978.00 to see if it can get filled before the close....will see. Still holding all my Long Term Rydex 200% Inverse S&P500 from this morning.
Nice trading.....got your 978.00. Do you have a stop for your LongTerm shorts or are you just letting it run with the primary trend?
Agreed, but with the adrenaline pumping going on, we could see a shot to 11k before she resumes her trajectory down to 7000 or lower.
Yeap....978.00 tagged....my SHORT ES position is now flat. I did cover 33% of my Rydex 200% Inverse S&P500 position as the ES started trading below 980.00 .....the rest I will hold and just see how things go in the days ahead (since we had a significant sell-off from the open I did want to lock in some profits. Never know what new govt program may get announced overnight....LOL!).