226 replies to this topic

[dTraderB]

HEAVY SELLING into the CLOSE of market --- indicates unfinished business on the downside when trading resumes next week. 

 

Totally EMPTY LT & RISK Portfolios except TLT CALLS .... and it made money today, up 0.85

 

QQQ & SPY CALL LIMIT orders not filled, should be filled if QQQ drops below 290 and SPY below 390, now trading at 307.2 and 404.5 

 

I also placed new BUY LIMIT orders for INDA, XLF, BA, IWM, XBI, AAPL, AMZN, and  TESLA  -- all a few % points - from 14 to 22% - below the market close today. 

Will be back on September 1st. 

[steadyquest]

It's not everyday that the market hands out gifts like today's.  I tried to place a market buy order at 3:57 and received an error "your order could not be processed at this time...".  Last time I was screwed was when I placed a limit sell order and assumed that the order had been filled after the price comfortably exceeded my limit.  Turned out it had not and the price headed lower from there.  When I placed my order today the market was selling down into the close, so there should have been a seller at some price to fill my smallish order in an etf that traded a volume of nearly 200 million shares today.  Is there some trick to this sport, or are the algos at the large brokers just designed to keep/make us little guys poor.  I couldn't enter the order earlier because I wanted close to the closing price.

 

            

[12SPX]

Wow this was an awesome day held my short into the weekend, gonna be fun when the night session opens up Sunday I'm sure!!! 

[12SPX]

Oh no there is no new news from d.  Not much to say as the market is still down, good news calls have given up their bullishness and puts are about neutral no excessive bearishness just yet.  Held my short overnight with a profit stop of 4050.  We'll see how the day goes in the end....

[linrom1]

ES rally attempt looks very weak.

[linrom1]

Russia, wheat and China up. Gold is up too, but I don't trust it.

[12SPX]

Well there we go, out for a nice 150 point profit.  Market is being resilient this morning which is not surprising as we are in grind mode once again....  Will be interesting to see what happens by the close....

[redfoliage2]

I see any bounces from here will be sold, and SPX will be traded under 4000 next month.  Traders should understand that there are dire consequences when fighting against the Fed ...................................... 

Edited by redfoliage2, 29 August 2022 - 11:18 AM.

[redfoliage2]

Well it's holding on pretty well today.  Does this cat have nine lives?

Edited by redfoliage2, 29 August 2022 - 01:47 PM.

[12SPX]

Sure hope d is ok, nonetheless, its back to grind grind grind!!  Market does appear resilient though at least for today so gonna try a long build at 4045 believe or not with all this bearishness out there.  Call prices are already getting expensive though so we'll see!!!!