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I'm Short

Started by OEXCHAOS , Aug 04 2017 07:19 AM

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18 replies to this topic

#1 OEXCHAOS

Mark S. Young

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22,017 posts

Posted 04 August 2017 - 07:19 AM

With ample trepidation. For a day trade.

M

Mark S Young
Wall Street Sentiment
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#2 da_cheif

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10,960 posts

Posted 04 August 2017 - 07:58 AM

u shud be noivis.....good luck ...its friday .....rarely do they avoid sending most home for the weekend in a defensive mood

http://twitter.com/don_wolanchuk

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#3 Swiss Trader

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Posted 04 August 2017 - 08:50 AM

watch the dollar

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#4 redfoliage2

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18,006 posts

Posted 04 August 2017 - 09:09 AM

A little bull trap this morning's gap-up. So far the selling has been mild, but it will accelerate at some point before long ........

Edited by redfoliage2, 04 August 2017 - 09:11 AM.

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#5 SemiBizz

Volume Dynamics Specialist

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23,208 posts

Posted 04 August 2017 - 09:18 AM

Market hasn't decided yet whether it's going to trade normally on the Jobs report or tank on Trump troubles...

Trump's been crowing about the market at all time highs...

"Open Wide Don, Mdme. Market is about to shove a shoe down your craw...

Would you prefer Florsheim's or perhaps some stylish German Adidas?"

Price and Volume Forensics Specialist

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

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#6 da_cheif

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Posted 04 August 2017 - 09:36 AM

watch the dollar

yup you keep ur eye on it.......

http://twitter.com/don_wolanchuk

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#7 cycletimer

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Posted 04 August 2017 - 10:05 AM

I'm slightly short on an intermediate-term basis. Long SPX 2375 Nov. puts and the SPY 250.00 Oct puts. I have time on my side and will give this plenty of time to play out. Cyclewise we are in the precise time-frame for a turn, and I don't believe it leads to a rally. More along the lines of a 8-10% drop over as little as 3-4 day period.

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#8 da_cheif

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10,960 posts

Posted 04 August 2017 - 10:09 AM

I'm slightly short on an intermediate-term basis. Long SPX 2375 Nov. puts and the SPY 250.00 Oct puts. I have time on my side and will give this plenty of time to play out. Cyclewise we are in the precise time-frame for a turn, and I don't believe it leads to a rally. More along the lines of a 8-10% drop over as little as 3-4 day period.