Bing, tommyt, risk_management, Google, hhh, ryanoo, da_cheif, stubaby, Waver, senorBS, bighouse1006, trdtk
Listen to Mark S. Young's Interview on MarketView
It's getting way overdue for a big drop, and it will happen during the next 3 weeks, probably starting withing a day or tow.
That chart... With U.S. stocks making another run at all-time highs, no one wants to be a short seller https://www.bloomberg.com/news/articles/2019-10-17/no-one-wants-to-short-stocks-on-the-cusp-of-a-potential-breakout … via @markets
“Is it another sign of complacency? Smells like it,” said Yousef Abbasi, global market strategist at INTL FCStone. “The market is being stubbornly optimistic in the face of several headwinds. It does feel dangerous.”
There’s certainly reason for optimism. Evidence that two of the largest market overhangs -- a U.S.-China trade war and Brexit -- could be resolved has pushed U.S. equities within 1% of a record. The S&P 500 added 0.4% as of 11:22 a.m. in New York.
12 Views · 1 Replies ( Last reply by dTraderB )
YOU MUST BE REGISTERED AND LOGGED IN TO VOTE. Log In | Register
If the registration module isn't working for you, you can message us here or at admin@ this site and we'll set you up.
Remember, "Partially Long (or Short)" means less than your normal full position. E.g., If you typically use leverage, then 100% long would be "Partially Long".
Check out past Poll results here: http://www.traders-t...n-poll-archive/
Went short the close too, think 2880 might be too high. We might be approching a market high tht will last a long time. (JMHO)
tomorrow morning, will hold it even if it misses, think its cheap JMHO)
232 Views · 11 Replies ( Last reply by Tim Johnson )
Not as yet back to 100% daytrading but starting to build a short QQQ put position. Will add above QQQ 194 (at this level now, watching for signs of ST reversal to buy puts)
In NY until tomorrow but will monitor and update if possible