36 replies to this topic

[zoropb]

nice Red! Perhaps the best week to mess with them unless selling them.

[redfoliage2]

I don't sell options while VIX is above 15...........

Edited by redfoliage2, 17 January 2019 - 03:39 PM.

[zoropb]

Not you I meant others.

 

 

News sure changes the ball game short term. Not loving where they are leaving cash.

[redfoliage2]

CNBC just reported WH official denied they are considering lifting China tariffs.  So, it was fake news and it lifted the US stock market, but not the China tariffs.

Edited by redfoliage2, 17 January 2019 - 04:14 PM.

[zoropb]

lol but they did it exactly when needed.   I waited for the high to fry with the breach after the 3rd wave never happened until the 5th and the small bar entry.

 

Now one of course could have jumped on the long. Knowing what awaits below has me on just short the excess mode.  Last night had I been up I would gone long for 1.5 levels just because of where we were relative to the correction and cash close but I was asleep. After that to me is hope or News. lol   Remember I did this at the highs too back in Sept. Oct. 

Edited by zoropb, 17 January 2019 - 04:49 PM.

[relax]

Maybe there needs to be a china deal in order to get the right topping action..feb 2018 retraced 80 per cent...something similar would be around 2700..maybe even 2840 if using 2940 as the high..

[zoropb]

Depends on the amount of rabbits pulled out of the hat at key points.  Re you got your extra day lol