And FINALLY...Utils getting some Bear Luvin'
ST BOUNCE, then LOWER LOWS
Started by
dTraderB
, Jun 12 2022 05:56 PM
203 replies to this topic
#141
K Wave
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Posted 16 June 2022 - 10:30 AM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#142
K Wave
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Posted 16 June 2022 - 10:45 AM
VIX not exactly lookin' toppy here...
Man o Man, if it blows out over 35 tomorrow............
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#143
dTraderB
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Posted 16 June 2022 - 10:47 AM
if ES 3650 - 3660 support goes then a WHOOOOOOSHHHH down can trade below ES 3500, even briefly
The selling is intense, and not only by the RETAIL crowd.
#144
dTraderB
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Posted 16 June 2022 - 10:50 AM
Would like to have lunch ASAP but markets too addictive ....
TLT almost 2% from LOW today.... as ES drops it appears many are buying into the concept of PEAK YIELD. 7 of the TLT CALLS bought today already green but a long way to 4pm
#145
dTraderB
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Posted 16 June 2022 - 11:15 AM
closing final ES & NQ hedge shorts
at least 110 points ES & 480 NQ
Only hedge short now is extra lots in NQ SHORT daytrades... at least until ES 3680 or 90
3% DOWN in account at about ES 3665
#146
brucekeller
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Posted 16 June 2022 - 11:32 AM
So what's the rationale for going long here? The Fed said they want to decrease demand at almost any cost. The Fed even said not a good time to be a first time home buyer lol, not directly stocks, but jeez. I guess eventually we have to bottom but starting to seem like it might be a little bit down first?
Edited by brucekeller, 16 June 2022 - 11:32 AM.
#147
12SPX
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Posted 16 June 2022 - 11:45 AM
Gotta love this market July 3000 put options selling for $10 and someone is buying them LOL!!!!
#148
dTraderB
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Posted 16 June 2022 - 12:35 PM
ES 3688
1NQ 1225
NEW HEDGE SHORT
UNDER PROTEST ... PREFER TO WAIT BUT SYSTEMS KEEPS BEEPING ANNOYINGLY!
closing final ES & NQ hedge shorts
at least 110 points ES & 480 NQ
Only hedge short now is extra lots in NQ SHORT daytrades... at least until ES 3680 or 90
3% DOWN in account at about ES 3665
#149
dTraderB
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Posted 16 June 2022 - 12:58 PM
I would like to sell them some.... maybe they are hedging against extreme crashy moves but 3000 seems too far away for JULY
Gotta love this market July 3000 put options selling for $10 and someone is buying them LOL!!!!
#150
dTraderB
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Posted 16 June 2022 - 12:59 PM
As usual, SYSTEM right
but I am going to close and bank these profits below ES 3360
ES 3688
1NQ 1225
NEW HEDGE SHORT
UNDER PROTEST ... PREFER TO WAIT BUT SYSTEMS KEEPS BEEPING ANNOYINGLY!
closing final ES & NQ hedge shorts
at least 110 points ES & 480 NQ
Only hedge short now is extra lots in NQ SHORT daytrades... at least until ES 3680 or 90
3% DOWN in account at about ES 3665
