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Crash Update


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#11 RagingSpartan

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Posted 29 October 2018 - 03:41 PM

We will get there soon.

#12 kaiser soze

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Posted 29 October 2018 - 03:41 PM

Looks like a washout bottom to me.  I dipped my toes late afternoon with low price, OTM calls on some beaten up stocks and sectors.



#13 RagingSpartan

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Posted 29 October 2018 - 04:45 PM

I'm seeing so much talk of bottoms and washouts. Too many buyers. Will add fuel to the decline in the next few days. Target is still Feb lows. A break of that level then we go 200 points lower and fast.

#14 mss

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Posted 29 October 2018 - 05:30 PM

No bottom yet. 

 

:cat:


WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!

#15 kaiser soze

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Posted 29 October 2018 - 06:48 PM

At today's close, we have positive divergences in technical indicators, breadth indicators, volatility and new 52 week lows.  These support A bottom, even if not THE bottom.



#16 kaiser soze

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Posted 30 October 2018 - 02:25 PM

Exited my calls here at SPX 2674 for a handy profit.  Don't like the action in the Qs.  May re-enter calls tomorrow depending on market conditions.  


Edited by kaiser soze, 30 October 2018 - 02:26 PM.