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IT LONG TREND INTACT - Top this week


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#21 12SPX

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Posted 17 August 2020 - 08:37 AM

 

OK, weekly updates to computers done, later

 

One of my best NQ week, great UP & DOWN moves, but several snooze periods

Bad OPTIONS week but some daytrading in QQQ PUTS and hedging cut losses significantly

 

Holding 

31 QQQ PUTS -- would like to add at least 10 if QQQ rallies another 8 to 12 points points

14 SPY PUTS

I NQ hedge long

2 CRUDE SHORT mini

geeziz    all that work and ur still chort.......:>)

 

Haha, my main day trades for a month and a half have all been profitable shorts, yet to see a loss,,,,you don't always have to be long to make money.  Call options going off the board for this expiration are way to enthusiastic so at the moment looks like there will be more volatility.  I'm short from 3378 will build on it if we remain up here.  Btw Chief would love to see an update chart from Breeze with all of those three round cycle things hitting lows at the same time any day now does that mean anything??  And on a fun not 800 mile bike trip this weekend, beautiful Rocky mountain views, was a perfect weekend for a ride! 



#22 K Wave

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Posted 17 August 2020 - 08:45 AM

Watch the Fang Stocks on this surge....

 

If they fail to hold gains, could be first sign of trouble....

 

That is one heckuva run on the FANG index from the March low, and divergences abound...

 

Correction could be brutal and fast once it starts...


Edited by K Wave, 17 August 2020 - 08:46 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

 

 


#23 LMF

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Posted 17 August 2020 - 08:51 AM

I commented last week......this thing is massively right translated on the SPX cycle. Left is bearish, right translated is bullish.

#24 12SPX

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Posted 17 August 2020 - 08:56 AM

Knew I shoulda waited for 3380 but getting closer average 3379! 



#25 12SPX

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Posted 17 August 2020 - 09:07 AM

Profit stop 3378, shouldn't do it but I do want 3380 to hold lol!!



#26 K Wave

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Posted 17 August 2020 - 09:09 AM

RUT starting to lag badly again after hitting the HUGE target at 1600


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

 

 


#27 K Wave

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Posted 17 August 2020 - 09:11 AM

FB and AAPL slip into the red...


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

 

 


#28 K Wave

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Posted 17 August 2020 - 09:15 AM

See if AAPL can hold 458 now...

 

If it does, then more upside still likely....

If not, then may have run outta gas.


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

 

 


#29 12SPX

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Posted 17 August 2020 - 09:21 AM

Can't believe it volume already drying up.  This is such a stupid market, profit stop 3376.



#30 12SPX

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Posted 17 August 2020 - 09:23 AM

Out for a 3 point profit start building above once again....