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I'll be out of longs as soon as


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#11 linrom1

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Posted 06 July 2020 - 08:57 AM

 

Nuts. Start hoarding cash.

Good luck with that...5 year treasuries yielding 0.35%

while real inflation for necessities is 5% at least.

 

DOW looks like its going to collapse, I have no idea what they're looking at. Maybe its final pump to 27k before everything rolls over.


Edited by linrom1, 06 July 2020 - 08:57 AM.


#12 K Wave

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Posted 06 July 2020 - 08:59 AM

Meanwhile SOX blasts out of high base to yet another All Time High


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#13 K Wave

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Posted 06 July 2020 - 09:04 AM

wrong thread


Edited by K Wave, 06 July 2020 - 09:06 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#14 K Wave

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Posted 06 July 2020 - 09:06 AM

Pivot looks set on RUT at 1460...

 

Bulls not in full control until they take that out


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#15 K Wave

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Posted 06 July 2020 - 09:22 AM

RUT may be real close to a big moment of truth here..

 

If the launch attempt were going to fail, RUT/TRAN is likely where the weakness would show up first....

 

So if RUT does not clear 1460 within next couple of hours could be warning sign....and back below 1435 would likely mean failure...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#16 12SPX

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Posted 06 July 2020 - 09:33 AM

Been nice so far on d's thread have done 20 points shorting so far.  Gotta love these pops at the open then sideways for the day lol!! 



#17 12SPX

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Posted 06 July 2020 - 09:52 AM

Think I'm going to start another short build here at 3167 on the ES and up looking tired! 



#18 12SPX

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Posted 06 July 2020 - 10:50 AM

And back to a 3170 short now!  Gotta go to tennis soon though so we'll see what happens won't be able to post till later! 



#19 12SPX

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Posted 06 July 2020 - 10:57 AM

Perfect, just before I leave!!!  Okay profit stop 3167 see what happens....



#20 12SPX

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Posted 06 July 2020 - 11:02 AM

Okay out at 3165 for a 5 point profit, now off to tennis lol....  See what I can do while I play....