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Only a Fool Tries to Call a Correction in a Bull Market, So Here Goes! Martin Pring


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#111 dTraderB

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Posted 29 January 2021 - 05:11 AM

Adding an extra lot to NQ LONG DAYTRADES

market looks nervous and skittish this morning

#112 dTraderB

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Posted 29 January 2021 - 06:51 AM


HNA Group goes bankrupt as Chinas largest asset buyer succumbs to loans after a decade-long shopping spree | South China Morning Post
https://www.scmp.com...bal-asset-buyer

#113 dTraderB

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Posted 29 January 2021 - 08:21 AM

Adam Mancini (@AdamMancini4) tweeted at 9:08 am on Fri, Jan 29, 2021:
Round trip yesterday for #ES_F - we took off from 3730 yesterday, hit my 3825 target/pullback zone & back to 3730

Plan today: 3725 = support. Dangerous here & last shot for bulls. Bulls need to take off, with above 3775 triggering to 3825+. 3725 fails now & we see 3680,3630 fast
(https://twitter.com/...4334075917?s=03)

#114 dTraderB

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Posted 29 January 2021 - 08:22 AM

Michael Santoli (@michaelsantoli) tweeted at 4:41 pm on Thu, Jan 28, 2021:
The #MysteryBroker says he went to a short-term Sell on the market in the past hour. Details as they become available...
(https://twitter.com/...7250259968?s=03)

#115 12SPX

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Posted 29 January 2021 - 08:55 AM

Late start but its been a great week.  Before going to sleep I moved my stop down to 3750 as I figured there would be more of a rally.  Kinda surprised were not higher here!!  Anyhow profit stop was hit for a 62 point profit! Would love to see 3800 plus again today for more shorts or more of a sell off to get long, kinda stuck in the middle here!! 



#116 dTraderB

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Posted 29 January 2021 - 09:15 AM

Above 3800 will be a great short

Late start but its been a great week.  Before going to sleep I moved my stop down to 3750 as I figured there would be more of a rally.  Kinda surprised were not higher here!!  Anyhow profit stop was hit for a 62 point profit! Would love to see 3800 plus again today for more shorts or more of a sell off to get long, kinda stuck in the middle here!! 



#117 dTraderB

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Posted 29 January 2021 - 09:18 AM

Will BUY GME PUTS above stock 375 - FEB WEEKLY, haven't decided if 5th or second week. About 8 to $12K in risk portfolio.
Maube just 2 to 4 PUTS.

#118 12SPX

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Posted 29 January 2021 - 10:06 AM

Surprised how directionless the market is today for a last day of the month, best news is 9th month done with no losses day trading which is nice.  I would far rather short here to be honest as the market is still holding at extremes in many levels so we'll see, my orders are sitting waiting to be hit either way lol.



#119 dTraderB

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Posted 29 January 2021 - 10:17 AM

Flat hedge long NQ

Closed a few QQQ PUTS

Holding 32 QQQ PUTS

 

A far better January than previous 3 years, want to preserve those gains,  lowering risks, balancing QQQ PUTS with more NQ daytrade LONGS for rest of day, and we will do it again with higher risks from Monday

 

Will open 1 NQ HEDGE LONG below 12900 if traded and will add QQQ PUTS above NQ 13,300 if traded



#120 dTraderB

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Posted 29 January 2021 - 10:19 AM

Very impressive trading! I am also winding it down for January, but will resume more active trading today if market is more energized than this. 

I think there will be more declines before SPX 4K is traded

 

Surprised how directionless the market is today for a last day of the month, best news is 9th month done with no losses day trading which is nice.  I would far rather short here to be honest as the market is still holding at extremes in many levels so we'll see, my orders are sitting waiting to be hit either way lol.