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Short Sharp Pull Back Due

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#11 Rich

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Posted 18 April 2018 - 06:10 PM

Up for tomorrow and generally up for the remainder of the month.

 

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#12 NAV

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Posted 18 April 2018 - 11:46 PM

The last time I forecast on a megaphone pattern everyone thought I was nuts and that was early 2014. How much do want to wager that I will be close on these forecasts?  How about a gentleman's bet of $1?

 

Don't waste your money.

 

Anyway the point is, the standard deviations on the moves you call are so outrageous that the famous bell curve would have such fat tails that it would almost look like a flat line. 

 

Anyway i am not much interested in the calls. I am more interested in how you trade it. You didn't answer my question. Are you holding your shorts ? Where is your stop on those ?


Edited by NAV, 18 April 2018 - 11:48 PM.

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#13 blustar

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Posted 19 April 2018 - 09:01 AM

 

The last time I forecast on a megaphone pattern everyone thought I was nuts and that was early 2014. How much do want to wager that I will be close on these forecasts?  How about a gentleman's bet of $1?

 

Don't waste your money.

 

Anyway the point is, the standard deviations on the moves you call are so outrageous that the famous bell curve would have such fat tails that it would almost look like a flat line. 

 

Anyway i am not much interested in the calls. I am more interested in how you trade it. You didn't answer my question. Are you holding your shorts ? Where is your stop on those ?

 

Sorry NAV it is really none of ur business how I trade, but I'l give u this:  I made a call, I have puts bought yesterday, the SPY Apr 20 268.00 at .42 that is all u need to know. I made a mistake on the May 4 bottom it is May 3 and could be a lot lower than I was saying like perhaps around 2468.  The great malefic Mars conj Pluto is due on Apr 26 and is already playing havoc with the market today. Where on this board does it say I have to share my trades? It is called Fearless Forecasters and that is what I'm doing.



#14 SemiBizz

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Posted 19 April 2018 - 09:10 AM

This is like that Southwest Flight...

 

Emergency Descent to Survivable Altitude...

 

Captain is going to level up the wings as we make a rough landing preceded by a scary approach...

 

VIX blew up a long time ago, we're still down an engine.


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#15 NAV

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Posted 19 April 2018 - 09:23 AM

 

 

The last time I forecast on a megaphone pattern everyone thought I was nuts and that was early 2014. How much do want to wager that I will be close on these forecasts?  How about a gentleman's bet of $1?

 

Don't waste your money.

 

Anyway the point is, the standard deviations on the moves you call are so outrageous that the famous bell curve would have such fat tails that it would almost look like a flat line. 

 

Anyway i am not much interested in the calls. I am more interested in how you trade it. You didn't answer my question. Are you holding your shorts ? Where is your stop on those ?

 

Sorry NAV it is really none of ur business how I trade, but I'l give u this:  I made a call, I have puts bought yesterday, the SPY Apr 20 268.00 at .42 that is all u need to know. I made a mistake on the May 4 bottom it is May 3 and could be a lot lower than I was saying like perhaps around 2468.  The great malefic Mars conj Pluto is due on Apr 26 and is already playing havoc with the market today. Where on this board does it say I have to share my trades? It is called Fearless Forecasters and that is what I'm doing.

 

 

Well, you are right, there is no obligation to share your trades. But i didn't ask. You were the one who shared a real-time trade saying you went short at 2670. So i was curious how you managed it, given that it went 45 points against you. 


Edited by NAV, 19 April 2018 - 09:26 AM.

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

 

https://twitter.com/Trader_NAV

 

 


#16 SemiBizz

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Posted 19 April 2018 - 11:33 AM

This is like that Southwest Flight...

 

Emergency Descent to Survivable Altitude...

 

Captain is going to level up the wings as we make a rough landing preceded by a scary approach...

 

VIX blew up a long time ago, we're still down an engine.

 

STAND BY... WATCH FOR OXYGEN MASK DEPLOYMENT...

 

sick.gif


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics


#17 SemiBizz

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Posted 19 April 2018 - 12:11 PM

Watch for acceleration first... then rollout... bring the wings back to horizontal... possible ugly landing approach, bumpy landing...


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics


#18 SemiBizz

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Posted 19 April 2018 - 12:12 PM

Nasdaq to Tower...

 

Anticipate initial level off at 7206...


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics


#19 blustar

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Posted 19 April 2018 - 12:25 PM

I covered at 2677 Monday for a loss and went to cash. Then I bought 20 put option contracts yesterday which is doing great! Sorry I got short with you NAV, mea culpa..  Right now it looks to me that 2645 is doable today and there will be a bounce into Tuesday next week ideally at least 119 pts.  The time frame Apr 24 - May 3 is the big doozy drop coming based on the cycles and planets.



#20 SemiBizz

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Posted 19 April 2018 - 01:23 PM

LOOK OUT BIG DUMP SETTING UP

 

SOXX NEW LOWS ON DAY..


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics






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