2600 print
Hourly buy
Started by
CLK
, Dec 06 2018 01:00 PM
149 replies to this topic
#53
CLK
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Posted 10 December 2018 - 01:12 PM
anymore down today?
No clue, I just follow the chart. Others are calling for 2657, who knows ?
#54
Waver
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Posted 10 December 2018 - 01:25 PM
I am pretty confident the overall lows are not in... but will it break today or another time...
lets see.
#55
CLK
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Posted 10 December 2018 - 02:02 PM
After 45 points non stop, I'm wary of a retrace. Waiting for now.
#56
CLK
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Posted 10 December 2018 - 02:39 PM
I'm not buying this buy signal, I covered, but at the money one week out is $3.50, if I buy $5 ITM that's too much risk for me,
premiums are still bloated from this morning's drop.
#57
CLK
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Posted 10 December 2018 - 03:50 PM
The 260 is up $0.50 and 264 is up $0.30 for 25 points of rally. I made the right decision. Either sell puts or figure out a spread trade that works.
Now tomorrow if it keeps going up they may do a little better. Yeah same day probably did 50% but I don't like trying those much.
Edited by CLK, 10 December 2018 - 03:50 PM.
#58
CLK
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Posted 10 December 2018 - 08:54 PM
The computers are programmed to buy any new low, seems like with all in. I don't know when they will ever just let it go.
#59
CLK
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Posted 10 December 2018 - 09:07 PM
I don't think I've ever seen NYAD straight down amid the moves up today, before.
Edited by CLK, 10 December 2018 - 09:07 PM.
#60
Waver
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Posted 10 December 2018 - 09:15 PM
If breadth doesnt reverse higher tomorrow, 2584 wont hold.
