22 replies to this topic

[redfoliage2]

https://www.cnn.com/...0-21/index.html

Edited by redfoliage2, 30 September 2021 - 03:43 PM.

[kinga200]

During the day the news was saying probably no shutdown. But the debt is a different issue. The market sold into the close. So we shall see.

[redfoliage2]

Debt limit is a so called issue that is still two weeks away, and Will be resolved as usual albeit the hype .

Edited by redfoliage2, 30 September 2021 - 05:38 PM.

[redfoliage2]

My FF for tomorrow - SPX in the range 4325 - 4350  ...........................

[redfoliage2]

So what's happening?   Those pajamas traders who were heavily shorting index futures overnight are failing now ......................

Edited by redfoliage2, 01 October 2021 - 07:53 AM.

[12SPX]

No no they saved the market and turned it around lol!  Theyre awake while we sleep, market was down big when I was going to sleep, made my longs look great overnight lol!! 

[redfoliage2]

No no they saved the market and turned it around lol!  Theyre awake while we sleep, market was down big when I was going to sleep, made my longs look great overnight lol!! 

This is a huge intra-night reversal in the futures market.  If you went long ES at lows overnight you are making big money now ................

[redfoliage2]

Well, as long as the political game for the debt limits is still going on in DC the Wall Street bears/sharks will be continuously indulged in their projections for a 10%, 20%, 30%, 50% etc. correction  .......................

Edited by redfoliage2, 01 October 2021 - 09:52 AM.

[redfoliage2]

Well, as long as the political game for the debt limits is still going on in DC the Wall Street bears/sharks will be continuously indulged in their projections for a 10%, 20%, 30%, 50% etc. correction  .......................

So the famous saying goes “Never let a good crisis go to waste”......................

[redfoliage2]

The internals are very strong today as fund positioning for the 4th qtr starting today ........................