14 replies to this topic

[CLK]

Shorted around 3:30, looking for a 10 point pullback. Not a good feeling though, 

indicators don't work good in a strong up move.

[CLK]

Edited by CLK, 14 February 2017 - 04:54 PM.

[thoughtpwr]

Starting PM tomorrow, VIX options expire and good chance of VIX pop due to heavy VIX put imbalance in options; as well as Fed speak. Generated a +3 point VIX pop in Sept under similar circumstances (link =  http://www.schaeffer...g-on-your-radar ). Odds are better for trouble middle of the week, before Friday, but market recovers and finishes strong early Friday and early next week on seasonal pattern.

[fib_1618]

Not a good feeling though, indicators don't work good in a strong up move.

 

So I must ask again, why fight the trend?

 

And this is not your 401 which is still long, correct?

 

Fib

[CLK]

 

Not a good feeling though, indicators don't work good in a strong up move.

 

So I must ask again, why fight the trend?

 

And this is not your 401 which is still long, correct?

 

Fib

 

Yes, 401k still long waiting for 2500. Just looked like a good spot for a retrace, risky though. Based on the pattern we could

see the 230-231 area before moving higher. Also NYMO dropped today and really hasn't broken out yet, and another Fib line tested.

 

[cycletimer]

RE: $VIX, I purchased May 15 strike calls today. I'm betting on the 21-22 level is nailed by early-to-mid April.

[trioderob]

keep an eye on the Trump Putin story - this may turn into something very important in the next 3  days that could hurt the market

[CLK]

Looks like there won't be a pay day for me on this one. 

[CLK]

I guess I have to get used to buying intraday dips which doesn't work too well in sideways choppy markets.

Trending markets create more of a situation of finding a spot to jump in when you don't get a down day.

[CLK]

So with the futures hitting 2340 and new highs, unfortunately I expect all this gain to

disappear on a gap fill. So now the dilemma, take the small gain and reload or wait ?