Based on oversold, sentiment et al. Just curious.
Anybody going long in this market ?
28 replies to this topic
Posted 02 March 2018 - 10:22 AM
If they were to dip them real fast down to 2617within the next hour I would be interested , that seems to far down there for today though
Posted 02 March 2018 - 10:25 AM
My time frame is very short so I took a long on the open. Around this time I like to build positions around www. We can definitely get a recovery into next Wed. I am playing the other scenario. As far as being oversold, we have room to move further down. As far as sentiment I think fast moves like this freezes traders until the move is over.
Posted 02 March 2018 - 10:48 AM
I purchased the $SPX 2650 and 2675 calls shortly after the open on the that very thesis, sentiment. It took awhile before the calls are at a profit. Im riding these, hopefully for a gap fill. I wont hold over the weekend.