7 replies to this topic

[andr99]

...for Milan. Also for Dax and other European indexes. I guess America is going to deliver a good correction too

Edited by andr99, 23 May 2017 - 10:12 AM.

[dowdeva]

Thank you, Andre. Much appreciated.

D

[opinionated]

Think your right....  BUT the top is not yet in place IMO  Looking for a big low mid Aug 20% Min from 2400 level...

[alexnewbee]

thks. yep, distribution is going on. think they will make one more hurray @29 of may. 

[cycletimer]

I concur with timing, not sure on magnitude of decline but 7-10% is actually needed for the overall health of this bull...
I'm selling all credit spreads today on $IWM to take advantage of long holiday weekend and to take a stab at low-risk shorting (spreads = limited risk).

[opinionated]

Nice to see ya CT,

 

Actually miss our phone conversations to!  Even though you smacked my wrist a bit during the last one!  (LOL)  We all know any trade needs that on occasion!

 

Best, Hope all is well Sir...

 

Keith

[cycletimer]

Hi Keith,
Sorry if I was in the least bit abrasive last time we chatted. I've been long-biased since before the election though I've been peeling profits all year. I'm still slightly long with these credit spreads as a hedge (& then some).

[tommyt]

"I'm selling all credit spreads today on $IWM to take advantage of long holiday weekend and to take a stab at low-risk shorting (spreads = limited risk)."

 

limited $$$ also, as it get harder and harder to find "premium" to sell with a constaint VIX of 10-11. But your risk is defined.