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Here is your dip


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#1 alexnewbee

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Posted 19 October 2017 - 05:56 AM

you buy it? :)


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#2 LarryT

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Posted 19 October 2017 - 07:07 AM

low risk buy SP-500 drops into 2535 2520 area. Reward at least 100 points with 2620 the next wave target.


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d:^)

#3 alexnewbee

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Posted 19 October 2017 - 07:13 AM

Thank you Larry!


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#4 redfoliage2

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Posted 19 October 2017 - 08:52 AM

It's likely this dip will be bought today or early tomorrow.


Edited by redfoliage2, 19 October 2017 - 08:53 AM.


#5 blustar

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Posted 19 October 2017 - 01:11 PM

I'm thinking late Friday will be the bottom. Looking for the 2536-45 area.  My new target for GDX is near 23.93 +/- Friday, so an OPEX positive for gold, negative for stocks is my FF.  Nothing earth shattering either way. Markets fall in a-b-c type patterns, we have seen 'a'.


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#6 OEXCHAOS

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Posted 19 October 2017 - 07:41 PM

I bought the open (ish). Got ten good points. It was a lay up.

 

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#7 cycletimer

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Posted 19 October 2017 - 09:17 PM

I bought the open (ish). Got ten good points. It was a lay up.
 
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Mark,
I didn’t buy the open but I did cover all of my call credit spreads on the open...

#8 OEXCHAOS

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Posted 20 October 2017 - 07:32 AM

Good enough!


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#9 fib_1618

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Posted 20 October 2017 - 10:57 AM

Nice call Alex!

 

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