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VERY BEARISH


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#11 zoropb

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Posted 08 October 2013 - 10:00 AM

BTW, for better or worse, I'm not all that Beared-up for the IT.

We have a set up here, however, and the potential pay off is enough to play for.

And, as stated, there's risk all around, thanks to news events.

M

Me too.

Thks for sharing M. here is where we are Kraken 5 the weaker one we call it float 76% from last week 1656+-4 We usually bounce at least 6.75 off any low printed on these. Only a tiny position on that from 71 earlier. Will bail at 1660 on that.

We had another K3 this morning good for entire amount call was short 68 to 65.25. I took +2 off that. 6-0 since live but only 2 on cash hours we captured. This week.

Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#12 zoropb

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Posted 08 October 2013 - 10:03 AM

out 60.25

Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#13 SemiBizz

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Posted 08 October 2013 - 10:04 AM

When markets are open, your best signals are going to come from the cash side... especially on a day like this one.... :P
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Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

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#14 zoropb

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Posted 08 October 2013 - 10:07 AM

When markets are open, your best signals are going to come from the cash side... especially on a day like this one....

:P

This beast could careless what time it is if it signals, good luck against it. :lol:

We just happen to be awake for those signals.

Edited by zoropb, 08 October 2013 - 10:09 AM.

Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#15 Gary Smith

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Posted 08 October 2013 - 10:08 AM

I'm very Bearish. This crew doesn't often get wrong when they're really leaning.

We also have obvious support just below. If it goes, it gets ugly.

Yes, I'm short for the day trading service.

Comments to come.



Nice call Mark, at least so far today, the strongest sector and immune to the recent decline in stocks - small and mid cap biotech - is having its worst day in recent memory, an absolute bloodbath. That has to mean something and I've been scrambling all morning lightening up.

#16 SemiBizz

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Posted 08 October 2013 - 10:24 AM

When markets are open, your best signals are going to come from the cash side... especially on a day like this one....

:P

This beast could careless what time it is if it signals, good luck against it. :lol:

We just happen to be awake for those signals.



I see some odds building here for 1655 on the SPX... 1653.50 ESZ
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Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#17 zoropb

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Posted 08 October 2013 - 10:50 AM

Octobers sure are full of surprises. Some of these new traders have not felt the full wrath of one of those special Octobers. :D K5-F center met 1656!

Edited by zoropb, 08 October 2013 - 10:50 AM.

Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#18 risk_management

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Posted 08 October 2013 - 10:52 AM

Very nice and timely post her.

#19 dasein

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Posted 08 October 2013 - 11:04 AM

isee index players are getting ready to buy the dip here - they are only human however and mostly probablility players.
best,
klh

#20 zoropb

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Posted 08 October 2013 - 11:20 AM

isee index players are getting ready to buy the dip here - they are only human however and mostly probablility players.

I am thinking there is a pop here too and a good one but what I "think" means squat. I go by signals I do not guess much these days but in an October under these conditions. :lol:

I will go with our K3 up as soon as it says so, then if our next level comes in ok and so on. If it reverses again so do I. "Thinking" can kill you. :lol:

Edited by zoropb, 08 October 2013 - 11:21 AM.

Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.