I'd say this market was about as thin as it gets...
microfilm.
Chances are the market plops...now...
Started by
diogenes227
, Aug 09 2018 12:13 AM
23 replies to this topic
#11
SemiBizz
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Posted 09 August 2018 - 01:48 PM
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 http://parler.com/Volumedynamics
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 http://parler.com/Volumedynamics
#12
bighouse1006
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Posted 09 August 2018 - 02:51 PM
This market is going higher, it has unfinished business to the upside. There will be a shakeout either tomorrow or Monday. I have lower odds of it happening tomorrow. If it doesnt happen tomorrow we will get another small range day on Friday.
#13
K Wave
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Posted 09 August 2018 - 02:58 PM
VIX not dropping, bonds working higher all day long... You could pretty much smell that last hour coming...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#14
K Wave
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Posted 09 August 2018 - 03:08 PM
Looks like it is going to be yet another small change day on The Naz McClellan backed right into the zero line from underneath.
Maybe tomorrow, we get the trend day Down
Maybe tomorrow, we get the trend day Down
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#15
SemiBizz
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Posted 09 August 2018 - 03:21 PM
Yep, it is a cinch it comes tomorrow...
I will be on an airplane, never fails.
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 http://parler.com/Volumedynamics
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 http://parler.com/Volumedynamics
#16
diogenes227
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Posted 10 August 2018 - 12:50 PM
Looks like it is going to be yet another small change day on The Naz McClellan backed right into the zero line from underneath.
Maybe tomorrow, we get the trend day Down
Yep, it is a cinch it comes tomorrow...
I will be on an airplane, never fails.
THE PLOP PLOP FINALLY PLOPS.
"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.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
#17
SemiBizz
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Volume Dynamics Specialist
Posted 10 August 2018 - 01:10 PM
See, I told you, never fails...
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 http://parler.com/Volumedynamics
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 http://parler.com/Volumedynamics
#18
bighouse1006
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Posted 10 August 2018 - 01:17 PM
Well how did you trade this? Was anyone carrying short positions from yesterday? Would you buy the gap down? My analysis is done on the Rut so my trade strategy was probably different then most calling for a drop. Im pretty sure someone tried a long play with calls this morning.
#19
CLK
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Posted 10 August 2018 - 01:25 PM
Went short heavy at 2840, added a little bit of hedging out to next Wed. and month end at 86. Expecting another big gap down Monday
but hedged just in case I'm wrong. Looking for 2760-2740 on this.
#20
K Wave
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Posted 10 August 2018 - 01:33 PM
It's all about AAPL here this afternoon...
Busted a key level at 207.50 a little bit ago. If it does not reclaim it by the close, could get very ugly if bulls decide to bail on that one on a Friday afternoon....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
