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IS ANYONE SHORT?


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#1 saltlake

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Posted 01 March 2018 - 01:44 PM

Ive completely missed this week so far myself, It appears most have either closed out shorts or are looking to go long.



#2 bighouse1006

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Posted 01 March 2018 - 01:52 PM

Yes I am short. I think there might be a consolidation at some point eod and tomorrow. I prefer that scenario because that will lead to more selling earlier next week.

#3 bighouse1006

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Posted 01 March 2018 - 01:54 PM

Don't look at it as missing this week. Look for the next opportunity.

#4 draggen33

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Posted 01 March 2018 - 01:56 PM

Yes I am short. I think there might be a consolidation at some point eod and tomorrow. I prefer that scenario because that will lead to more selling earlier next week.

agreed more selling to come!! 2450 target spx!! mid march



#5 NAV

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Posted 01 March 2018 - 01:59 PM

Ive completely missed this week so far myself, It appears most have either closed out shorts or are looking to go long.

Swing short - No i covered yesterday and got stopped out today on my next attempt.

 

Daytrades - I am in my third short for the day in progress. VIX above 20, you should focus on day trades. 

 

This is just the beginning of the next leg of the IT leg down. There will be lot of opportunities along the way. 


"It's not the knowing that is difficult, but the doing"

 

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#6 NAV

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Posted 01 March 2018 - 02:02 PM

You have to trade 1-min on short-side only to make money in this market.


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#7 diogenes227

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Posted 01 March 2018 - 02:04 PM

Have the in-the-money weekly 272 SPY put as per my usual day 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.”

 

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#8 bighouse1006

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Posted 01 March 2018 - 02:05 PM

This is the place where you can see some hellacious snap back rallies. A gap down tomorrow is a good place.

#9 redfoliage2

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Posted 01 March 2018 - 02:08 PM

This looks the wave C started with the ABC down from the end of Jan.  It's going to re-test the low.  It's the institutional investors who are dumping late in the day.  I think ater 2 PM it's the time again for them to dump.  It looks going to be a biggest down day in a while.............


Edited by redfoliage2, 01 March 2018 - 02:15 PM.


#10 NAV

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Posted 01 March 2018 - 02:09 PM

This looks the wave C started with the ABC down from the end of Jan.  It's going to re-test the low............

Yep. And more....


Edited by NAV, 01 March 2018 - 02:10 PM.

"It's not the knowing that is difficult, but the doing"

 

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