Jump to content



Photo

Bubble pricked, can BEARS take it lower? Maybe NOT


  • Please log in to reply
146 replies to this topic

#111 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,794 posts

Posted 26 February 2021 - 08:34 AM

Nq hedge short 12915
900 qqq

21 QQQ CALLS
16 SPY CALLS
800 QQQ
all in LT PORTFOLIO

1NQ SHORT HEDGE @ 12860.5

Loading up...

19 qqq calls
14 spy calls
700 qqq
All in LT PORTFOLIO

2 NQ SHORT HEDGE WILL BE held overnight
Will add more calls and qqq if limit orders are hit at levels than existing at 15:37 EST


Fast market conditions!
15 qqq calls
500 qqq
5 spy calls

Will add more lowr

Not that I like CRASHES But this one is most welcome and am thankful for the opportunity to add to LT PORTFOLIO THAT IS ALMOST BARE OF HOLDINGS..

500 QQQ
14 QQQ CALLS
4 SPY CALLS

WILL ADD MORE LOWER



#112 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,794 posts

Posted 26 February 2021 - 09:15 AM

Very large LONG NQ DAYTRADE position sizes
Very large SHORT NQ DAYTRADE position sizes

With double stop loss orders for both sides.

Will add more CALLS & Longs if market trades below lows today

#113 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,794 posts

Posted 26 February 2021 - 09:16 AM

ADAM:
Since noon EST yesterday #ES_F has tried (and failed) to bounce off my 3820 lvl. Major battleground

Plan today: Bulls probably have 1 last shot here. Must reclaim 3855 this time, opening 3885, 3930. If we start rejecting now, 3775-3765 comes fast where I'd look for a bounce

Round trip in #ES_F which basically means we spent all month in a big, back & forth range. Great for tactical day traders, not so much for holders

My 3820 held exactly for a 30 point pop. Bulls need to recapture levels though (3855) to see follow through, otherwise 3770-80 next

I'm a day trader so I'm longing and shorting every day - I had several trades both sides yesterday. I will usually long supports as long as PA is nice around them. If support fails after a few shots, I'll short to next level down, then long again. Rinse and repeat all day

#114 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,794 posts

Posted 26 February 2021 - 09:19 AM

TradeWithProfile (@tradewithprof) tweeted at 10:11 am on Fri, Feb 26, 2021:
Very important month close for #ES_F. Expecting wide rotations. We are within reach of closing the monthly opening gap. We are also back in the 3700-3860 bracket. They could kick save this, or drop it. Unless we close back above 3860, expecting lower prices next week. https://t.co/dm6R4MD7ZQ
(https://twitter.com/...9954835471?s=03)

#115 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,794 posts

Posted 26 February 2021 - 09:20 AM

Larry Tentarelli, Blue Chip Daily (@LMT978) tweeted at 10:09 am on Fri, Feb 26, 2021:
$SPX is down 3% off AT highs, $NDX just over 7% off - pullbacks are part of the markets.

Contain the downside, have some cash, be patient, don't overtrade. There are big upside moves setting up for those who can keep downside in check, have some cash, patience & don't overtrade.
(https://twitter.com/...7133947910?s=03)

#116 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,794 posts

Posted 26 February 2021 - 09:21 AM

Dougie Kass (@DougKass) tweeted at 10:03 am on Fri, Feb 26, 2021:
Don't lose sight that today is the last day of the month.
Markups?
Possible. @realmoney
(https://twitter.com/...5549786116?s=03)

#117 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,794 posts

Posted 26 February 2021 - 09:21 AM

I may do the same....

Dougie Kass (@DougKass) tweeted at 10:01 am on Fri, Feb 26, 2021:
If the gain in stock futures hold I will likely sell at least half of my trading long rentals made yesterday after the close. @realmoney
(https://twitter.com/...3734108164?s=03)

#118 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,794 posts

Posted 26 February 2021 - 09:23 AM

Holger Zschaepitz (@Schuldensuehner) tweeted at 9:56 am on Fri, Feb 26, 2021:
Global bond rout turns up heat on central banks. Magic of CenBankers could be fading, as Australia shows. #Australia's 10y ylds rose 71bps in Feb, biggest mthly jump since 2009 although Reserve Bank of Australia intervened w/>$2bn of unscheduled purchases. https://t.co/Phpt53sLtVhttps://t.co/mlEtj0OhP6
(https://twitter.com/...5966840837?s=03)

#119 12SPX

12SPX

    Member

  • Traders-Talk User
  • 12,720 posts

Posted 26 February 2021 - 09:26 AM

Might buy back my March 4000 call by the end of the day but we'll see, not sure this swing down is done yet.  Pajama traders missed my buy at 3800 overnight by a couple points, think they're onto me lol!  Wait for the open to see about day trading want to finish my 10th month of no losses or carryovers lol!! 



#120 12SPX

12SPX

    Member

  • Traders-Talk User
  • 12,720 posts

Posted 26 February 2021 - 09:48 AM

You know I love my round numbers, short from 3850, profit stop 3849.