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Long From 2730


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#1 opinionated

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Posted 08 March 2019 - 01:52 PM

McClellan Oscillator now at the most oversold reading since the Dec. 24 low. And on just a 2% drawdown for the $NYA



#2 12SPX

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Posted 08 March 2019 - 03:26 PM

And 5 straight down days, likely bounce as we approach expiration!



#3 opinionated

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Posted 08 March 2019 - 04:18 PM

That And Open Interest was absurd on the calls for next week,



#4 da_cheif

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Posted 08 March 2019 - 09:37 PM

McClellan Oscillator now at the most oversold reading since the Dec. 24 low. And on just a 2% drawdown for the $NYA

only problem is my clx ******** wont provide wind for the market till after opex......a friday late ramp sends most home in a bullish mood.....i dont trust it    ...btwdik



#5 opinionated

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Posted 11 March 2019 - 09:50 AM

 

McClellan Oscillator now at the most oversold reading since the Dec. 24 low. And on just a 2% drawdown for the $NYA

only problem is my clx ******** wont provide wind for the market till after opex......a friday late ramp sends most home in a bullish mood.....i dont trust it    ...btwdik

 

 

 

Thanks Don,

 

Your thoughts are always so welcome.   Still holding onto 2895 before exp.  Maybe 2815...  But I got in half my position XLI which got KILLED by the BA news.  But also bought BA at the open.

 

Terrible accident prayers to the families



#6 12SPX

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Posted 11 March 2019 - 09:58 AM

 

McClellan Oscillator now at the most oversold reading since the Dec. 24 low. And on just a 2% drawdown for the $NYA

only problem is my clx ******** wont provide wind for the market till after opex......a friday late ramp sends most home in a bullish mood.....i dont trust it    ...btwdik

 

Do I have this right are you short term bearish oh my!!!



#7 opinionated

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Posted 11 March 2019 - 10:11 AM

I think he advised caution as he did not trust it.... Not short.  But I could be wrong,  Don... Like him or not is not a good fade....