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"INFLATION PANIC SETS IN .... SUCKERS' RALLY"


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#81 dTraderB

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Posted 19 November 2021 - 09:29 AM

appears as if there is a wild BUY THE DIP from newcomer newbies & distribution by Wall St

 

 

Yeah, may not be an IT TOP but looks very toppish

 

Yup its bizzare, out for a 1 point profit and going into the cash SP500 expiration starting my short build at 4701.  Think this market is insane right now, zero volatility so not healthy.....

 



#82 K Wave

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Posted 19 November 2021 - 09:31 AM

Mega Caps still holding Nasdaq aloft, as signs of deterioration start to appear elsewhere....

 

Breakdown in ARKK looks a bit ominous....

 

And Trannies still looking like that huge Avis spike day could turn into a massive top....


Edited by K Wave, 19 November 2021 - 09:31 AM.


#83 dTraderB

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Posted 19 November 2021 - 09:59 AM

Closed + 391.5

 

16605 

buy stop 16675

16775

 

May close 2nd NQ HEDGE LONG later 

Will reopen again with BUY STOP 50 points & 100 points above CLOSING PRICE  or BUY MARKET 100 points below closing price

RISK ON for next week or so



#84 dTraderB

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Posted 19 November 2021 - 01:33 PM

bought 8 CRUDE CALLS

10 NAT GAS CALLS

JAN



#85 12SPX

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Posted 19 November 2021 - 01:39 PM

Well the rally was interesting but didnt make sense so brought my average short to 4705 but I'm just gonna hold it over the weekend I think unless we get a final hour rally because this market needs a good correction to get it right!! 



#86 dTraderB

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Posted 19 November 2021 - 03:20 PM

Never seen such massive BUY THE DIP activity

Wonder it is only the retail crowd or the BIG MONEY??

 

Well the rally was interesting but didnt make sense so brought my average short to 4705 but I'm just gonna hold it over the weekend I think unless we get a final hour rally because this market needs a good correction to get it right!! 



#87 12SPX

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Posted 26 November 2021 - 11:43 AM

Okay took profits for 40 points and buying a small ever so small long at 4699!! 



#88 12SPX

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Posted 26 November 2021 - 11:48 AM

Whoops sorry actually looked at that wrong I had put it in for that but caught 4595, profit stop 4596....



#89 12SPX

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Posted 26 November 2021 - 11:51 AM

Okay now official, filled for a 1 point profit and back in for a long at 4595!!



#90 12SPX

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Posted 26 November 2021 - 11:59 AM

And just like that average 4993 long