6 replies to this topic

[CLK]

As much as eod systems may be good, holding overnight just seems more risk than it's worth 

lately. I think I'd rather wait until the first half hour to determine what's going on. If the market 

gaps just look for the reverse. Not many gap and runs into the close. Not a good feeling though

to have the market gap against you and then be forced to make a decision to double down

or not.

 

Have no idea for tomorrow, NYAD looks bullish after the small dip Friday, but Monday's are usually

down. Closed long about 1:45, still holding short. Another flat Friday premium collection as usual.

[CLK]

Futures topped exactly the same time 1:30pm on Thursday and Friday with a lower high

Friday. So that is a bearish development. Thirty min. MACD has crossed down so any rally 

would most likely get sold until reset well below zero.

Edited by CLK, 09 April 2017 - 06:43 PM.

[CLK]

Took my loss. NYAD was the setup, I didn't
have time to check it Friday before close.

[CLK]

I have an internals sell for tomorrow. May gap down and go. I have no short term position

so that's probably what will happen.

Edited by CLK, 10 April 2017 - 06:55 PM.

[kinga200]

I have an internals sell for tomorrow. May gap down and go. I have no short term position
so that's probably what will happen.

Yes. My VST system is showing a gap down tomorrow. I bought puts for the occasion.😊

[CLK]

I doubt I trade IWM again. There is no institutional selling involved in it. SPY from now on.

[CLK]

Don't listen to anyone willing to take 20 point drawdowns.