when da_chief and fib_1618 are inflationating the board, you are sure that a IT top is in or almost in
I used them to short the market in almost 12 years
Stay tuned
I'm Short
Started by
OEXCHAOS
, Aug 04 2017 07:19 AM
18 replies to this topic
#12
da_cheif
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Posted 04 August 2017 - 01:23 PM
when da_chief and fib_1618 are inflationating the board, you are sure that a IT top is in or almost in
I used them to short the market in almost 12 years
Stay tuned
thats funny.....when swiss calls a top i buy the market....for 9 years thats paid off handsomely.....why is that?
#13
diogenes227
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Posted 04 August 2017 - 01:44 PM
when da_chief and fib_1618 are inflationating the board, you are sure that a IT top is in or almost in
I used them to short the market in almost 12 years
Stay tuned
Well, that is certainly a hair-raising way to trade.
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
#14
fib_1618
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Posted 04 August 2017 - 02:08 PM
when da_chief and fib_1618 are inflationating the board, you are sure that a IT top is in or almost in
I used them to short the market in almost 12 years
Stay tuned
So I posted a chart to emphasize/compliment your comment, and I haven't made a post on here in over a week, and I'M a proxy for when we see market tops?
JCA!
Fib
Edited by fib_1618, 04 August 2017 - 02:11 PM.
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
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Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
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#15
OEXCHAOS
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Mark S. Young
Posted 04 August 2017 - 03:32 PM
Folks, need I remind you that we don't insult each other nor call each other "fades" nor beat up on each other when we're wrong.
That is a violation of the TOS.
M
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#16
OEXCHAOS
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Mark S. Young
Posted 04 August 2017 - 03:34 PM
BTW, we made a little money on our shorts but they really didn't offer us much.
I am fearing that we're going to dicky-dacky around with a glacial decline that doesn't go far, but takes the oscillators back to oversold.
Mark
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#17
cycletimer
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Posted 04 August 2017 - 04:23 PM
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.
you have a lot of company..,,,,good luck ...,im staying long
I'm long also Chief. These puts are my hedge. I'm not trying to make a killing. I'd prefer my Longs remain string and my puts expire worthless....BUT, I'm worried and that forces me to hedge. You get it.
#18
csw2002
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Posted 04 August 2017 - 04:24 PM
Better be careful shorting even though lots of measures of internals are fairly weak.smart money is on strong buy 2 days in a row (Thurs and now Fri). Fri is not as emphatic without OI update on Monday midnight as multiple sources do not agree.
Don't be a fool like me - How I lost $10K
#19
cycletimer
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Posted 04 August 2017 - 04:26 PM
when da_chief and fib_1618 are inflationating the board, you are sure that a IT top is in or almost in
I used them to short the market in almost 12 years
Stay tuned
thats funny.....when swiss calls a top i buy the market....for 9 years thats paid off handsomely.....why is that?
THe guy to ALWAYS FADE (and he's not a board member so it's okay to throw insults his way!) is Dennis Gartman! When he's bullish I go MAX SHORT. When's he bearish he's always late.... we are at a bottom!
