YES! WE'RE SURE, ABSOUTELY CERTAIN, WE SHOULD SHORT NOW!!!
Updated
LOL, follow-up to a recent post. We got a shooting star Doji on the daily 30 Dec at ATH retest and fierce EOD sell.
Looks like Thursday's gap was Exhaustion, filled EOD and sold lower. I be Shorting any subsequent rally into the New Year!
This ain't advice, you could lose a lotta damned money doing this! Trade at your own risk, GLTA!!
Looks like Thursday's gap was Exhaustion, filled EOD and sold lower. I be Shorting any subsequent rally into the New Year!
This ain't advice, you could lose a lotta damned money doing this! Trade at your own risk, GLTA!!
Trade active
Took ON shorts and closed intraday, holding nothing over holiday weekend. Low Volume trade, chop n churn. Could bounce again or the real tankoff may commence with tax selling on Monday. Pure crapshoot now, rolling loaded dice IMONote
Would not chase it now! Low Volume days not indicative of real market trend, hold nothing, watch, wait! HNY!!Note
Green futurz not unusual to press back to test ATH. Took no position over holiday weekend as indicated above. Patience.Note
And here's the ATH test. Look for a notch higher Tuesday?! Made a buck off fade gap and rolled into calls, closed on the first rally then power blew out, Thank God I closed before the net crashed, LOL.ALWAYS a risk in online trading! I rarely take large pos in dailies just b/c you can get locked out by connection failure anytime, when you get back the damned things have gone worthless FGS!
Note
Look how risky this is, I bought QQQ 401 daily puts for $1 they traded as high as $4.25 in AM and with ten minutes to go EOD they are .15c bidNote
I almost never open trades in last 15", anything can happen and usually does. Short-covering bullup, can break EOD in last minute, calls vaporize at 3:59, LOLNote
Look all those puts ITM in the morning expired worthless at 4pm. Nuts! IMO this nutty rally will end soon but who knows how much higher or when?! Not I!Trade active
Took shorts NQ early and closed too soon! Tried to buy a bounce and broke even first try, banked second pop. Lotta pressure, tech profit-taking tax selling IMO. Oughta get a bounce Weds, short the rally IMO.
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