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Big SHORT is near? "Gartman reverses bearish market view"


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#1 dTraderB

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Posted 26 June 2021 - 05:23 PM

Stunning news near end of month, Q2, MID-YEAR!

Dougie Kass (@DougKass) tweeted at 9:21 am on Fri, Jun 25, 2021:

My pal Dennis Gartman reverses his formerly bearish market view.

@realmoney

(https://twitter.com/...9506142209?s=03)

#2 CLK

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Posted 26 June 2021 - 06:40 PM

Sooner or later the people that are a dependable fade will be right and you lose
big time.

#3 dTraderB

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Posted 28 June 2021 - 09:09 AM

Closed CRUDE SHORTS

getting addicted with CRUDE trading -- will open new short position starting crude above 73.40 if traded



#4 dTraderB

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Posted 28 June 2021 - 09:11 AM

Will add to SHORT POSITIONS:

placed limit orders to buy VXX CALLS

and SPY PUTS



#5 12SPX

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Posted 28 June 2021 - 09:38 AM

Gonna be a fun end to the month, adding to my short now at an even 4240...



#6 pdx5

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Posted 28 June 2021 - 09:54 AM

Gonna be a fun end to the month, adding to my short now at an even 4240...

That matches what I see ahead.


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#7 dTraderB

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Posted 28 June 2021 - 10:22 AM

Market looks  a bit heavy. 

But, BULLS are supremely confident, most bears have raised the white flag, and unless SPX 4200 falls this market can rally to as high as 4400 before end of August. 

 

The BIG DOWN can start anytime, even from today....



#8 dTraderB

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Posted 28 June 2021 - 02:27 PM

Will close this NQ HEDGE LONG with minimum 180 point profit and keep the 2 ES HEDGE LONG 

 

Posted 25 June 2021 - 10:18 AM

14320.5 nq hedge long
Lowering risk, defensive trading today


#9 dTraderB

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Posted 29 June 2021 - 09:09 AM

Active markets! 

Opened new CRUDE mini short, 73.60 & 73.65

Limit orders above at 73.95 & 74.20

 

Limit orders to buy more SPY PUTS & VXX CALLS 

 

Want to build a LARGE SHORT POSITION on rallies this week  with hedges 
Will add 1 NQ HEDGE LONG sometime today at or near ATHs



#10 12SPX

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Posted 29 June 2021 - 10:03 AM

As I await volatility to return I decided to take profits on my July 3800 puts originally sold for $15 for a profit of $12.25.  Maybe resell them when volatility does return.  Adding to my July 4300 call sell also now at $25 and 4350 call for an average $8.25 now!!