Will buy PUTS on rally of a few TECH stocks -- AMZN, AAPL, etc but not CHIP stocks.....
Extreme bearishness to IRRATIONAL EXUBERANCE
Started by
dTraderB
, Sep 11 2022 04:50 PM
391 replies to this topic
#12
dTraderB
-
- Traders-Talk User
- 14,049 posts
Member
Posted 12 September 2022 - 08:23 AM
UVXY still above 9
will start new CALL position below 8.5
Will buy PUTS on rally of a few TECH stocks -- AMZN, AAPL, etc but not CHIP stocks.....
#13
K Wave
-
- Traders-Talk User
- 20,872 posts
Member
Posted 12 September 2022 - 08:32 AM
See what happens after the open...Apple got its ramp towards 160 and TSLA a hair above 300...
IF bulls can keep it from reversing from these levels. they may have successfully turned the corner...
and if not, ride could be about to get bumpy for a while...big pivot zone here....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#14
K Wave
-
- Traders-Talk User
- 20,872 posts
Member
Posted 12 September 2022 - 08:50 AM
IF it IS going to roll here after pic perfect tag of 30, 60 240 min combo resistance on it, Rusty should start to show relative weakness.
If instead it blasts out over 1900, might not want to be too aggressive with shorting...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#15
dTraderB
-
- Traders-Talk User
- 14,049 posts
Member
Posted 12 September 2022 - 08:52 AM
BULLS putting the squeeze on bears. also FOMO ...
OPEX up early in week then down
#16
12SPX
-
- Traders-Talk User
- 10,610 posts
Member
Posted 12 September 2022 - 08:55 AM
Average short 4110...
#17
linrom1
-
- Traders-Talk User
- 3,586 posts
Member
Posted 12 September 2022 - 08:59 AM
Biden to take over WEF leadership top job from Klaus Schwabe rally?
#18
K Wave
-
- Traders-Talk User
- 20,872 posts
Member
Posted 12 September 2022 - 09:44 AM
Battle for control of 1900 on Rusty right here....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#19
steadyquest
-
- Traders-Talk User
- 623 posts
Member
Posted 12 September 2022 - 09:53 AM
Dollar might be done with its run
#20
K Wave
-
- Traders-Talk User
- 20,872 posts
Member
Posted 12 September 2022 - 10:03 AM
SOX reversal as Rusty struggles at 1900...could be a start
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
