The Repubelicans are holding her up for the big one just in time to blame Obuma as the election race heats up!
If it's that predictable, you should be making money by buying the dips, in smallish and conservative quantities, flipping those over on the rises.
you must own OEX puts or be short......been there done that. guess you didn't know it -- the stock market is the devil.
1360 was pretty obvious resistance on the way back up. That was busted a few days ago, as I recall. Absent a major drop below that level, IMO the trend is now up. Maybe tomorrow's employment report will give us a chance to test the strength of support at 1360, if it's a bad one. Back here in the present, though, VIX is below 20 and has been below it for a while, too. Commodities, meanwhile, have been on a tear all week. Not just oil, all kinds of things. So, maybe it's not crashing 'cuz it's going up? Hmm....
Ok 1stly how many of your foolish incompetent idiots have generated over 2,500% return net profit each and every year for the last 3years???! And then 2ndly, for all of you who will claim to have, how many of you have also kept a journal on here or any other forum where you have LIVE-CALLED EVERY SINGLE 1 OF THOSE TRADES INADVANCE???!! No-one else, only me then?? Ok, well then why the fuck would i ever take advice or even take any of your noob idiots seriously?? lol Simple challenge, go and match my results for the next 3years and then talk to me.... The fact is that anyone who says phrases like ''trade what you see'' is still a total newbie trader in the very beginning stages of learning, and so i guess we shouldn't be too harsh on your for being newbies. However heres a quick, direct, and easy to understand lesson for you about how the stockmarket works- ''Its physically impossible to 'trade what you see', as the ONLY thing you can see is what has ALREADY HAPPENED IN THE PAST, so you cannot and have not ever made any money from what you see as you didnt have a trade on back then''!! The real foolish newbies follow the beginner's advice stratergy of ''try and following the trend''. (ALthough 1stly there is no such noun as 'trend', its an adjective not a noun, and so anyone who follows that advice is already doomed) But the people who try and be trend-chasers, by waiting to see a 1-2% move in a market and THEN enter a trade in that direction, are the reason why so few people make money from trading every week, every month, as there are doing nothing more than entering trades bang in the mid range of the market. (This is where the market is at its extreme strongest, and so will destroy almost everyone who enters and sticks a stoploss in that area)! The experienced traders like me wait until there has been an extremely overdone move (for example a 10% crash in crude oil over just 2days), and ONLY then do we enter a trade to BUY that market there to catch approx 2% snap-back bounce. The market is at its extreme weakest when its moved to extremely overdone levels in either direction, and so anyone who attacks (enters trades) in the market when its at its strongest instead of at its weakest is seriously just a foolish retard!!
Ok just to confirm- I am NOT currently short the market. The only trade i currently have open is LONG the Vix, with a target of 23-25. I specialise in Crude Oil, and so extremely rarely trade indicies, and so am short any indicies nor have i shorted/bought dow or s&p at any point this year even!
Given market correlations, being LONG the Vix is very similar to being short Indices, so it's a de facto short.
Hmm, didn't know this guy was The Resident Genius. Oh well. You do realize one of these doesn't go with the other. Timeframe, by the way? You do have one?