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Adding to SHORT


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#1 dTraderB

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Posted 24 January 2018 - 10:26 AM

There is no way I will allow this once in a decade or two decades opportunity to reap abnormal profits from a market that is near or at the top.

Of course, it means holding positions with big losses and going further into the red but it's worth it. 

The only worrying factor is too may are hedging with VIX, VXX, XIV all higher as markets are on final liftoff stage. You don't want a crowded trade like the longs now but it could be the smart money is hedging....



#2 da_cheif

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Posted 24 January 2018 - 10:29 AM

There is no way I will allow this once in a decade or two decades opportunity to reap abnormal profits from a market that is near or at the top.

Of course, it means holding positions with big losses and going further into the red but it's worth it. 

The only worrying factor is too may are hedging with VIX, VXX, XIV all higher as markets are on final liftoff stage. You don't want a crowded trade like the longs now but it could be the smart money is hedging....

u worry 2 much ...watch the sky......but who cares around here eh  ....a few maybe



#3 K Wave

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Posted 24 January 2018 - 12:39 PM

Watch AAPL here....

 

Another hourly close under 175 could very well seal in breakout/fakeout IT top....and possibly a very LT top....



#4 K Wave

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Posted 24 January 2018 - 01:10 PM

Looks like AAPL may be losin' a very key pivot....accelerating down now...



#5 K Wave

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Posted 25 January 2018 - 03:03 PM

AAPL continues to get hammered...A weekly close under 170 would start to look pretty ugly from a longer term perspective....