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That's the IT bottom? 2659?


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#1 dTraderB

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Posted 01 March 2018 - 02:24 PM

Looking for  bounce here 2655/60

 

If not, then down to 2615


Edited by dTraderB, 01 March 2018 - 02:25 PM.


#2 kaiser soze

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Posted 01 March 2018 - 02:43 PM

Yes, I think so.  Fib support coincided with peak of sell-off due to tariffs. Stepped in with baby feet into Banks and Drillers.



#3 NAV

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Posted 01 March 2018 - 03:09 PM

dtraderb,

 

Good call !

 

But then, this will be another bounce to short.


Edited by NAV, 01 March 2018 - 03:11 PM.

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

 

https://twitter.com/Trader_NAV

 

 


#4 kinga200

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Posted 01 March 2018 - 06:38 PM

Yes NAV. I think this bull is over. But really don't care since I short term trade. I really didn't want to sell my puts, but greed has got my before....just follow ur system if it's good to u. N the eod signal was mixed.

#5 kaiser soze

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Posted 02 March 2018 - 03:47 PM

Exited my long positions profitable on this bounce (KRE calls and OIH calls, the bank calls were way more profitable than the drillers).  IT bottom could still be in.  But will wait for next week's action to do more.