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HAPPY HOLIDAYS! Buy the DIPS - take profits, repeat until February


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#31 K Wave

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Posted 15 December 2022 - 12:36 PM

Big battle here at Apple 138....think bulls know this is last stand....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#32 12SPX

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Posted 15 December 2022 - 12:46 PM

Appears that patience is a virtue in this market, average long  now at 3970.  Might have to go a bit bigger but we'll see how the day turns out in the end...



#33 K Wave

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Posted 15 December 2022 - 12:48 PM

Appears that patience is a virtue in this market, average long  now at 3970.  Might have to go a bit bigger but we'll see how the day turns out in the end...

I'll give you this, you got cajones shorting puts in the air gap....

 

But if MCD and UNH break, averaging down may not work out so well...


Edited by K Wave, 15 December 2022 - 12:49 PM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#34 12SPX

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Posted 15 December 2022 - 12:57 PM

No no I was just talking about the prices, not a chance I would short a 3900 put that expires tomorrow this close but I for sure wouldn't be paying the current $22, that's insane!!  All my sold puts will expire worthless tomorrow morning as they have zero value!!  



#35 K Wave

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Posted 15 December 2022 - 01:20 PM

Here comes the big round number at 33K....most likely spot for intraday bounce.

 

But if it does not, then not completely ruling out full air gap run to 32K. Best chance of that would be if they start wholesale pitchin' the likes of UNH and MCD overboard


Edited by K Wave, 15 December 2022 - 01:23 PM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#36 K Wave

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Posted 15 December 2022 - 01:23 PM

2nd hold at 2280 on REIT...bears still need one more push there...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#37 K Wave

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Posted 15 December 2022 - 01:25 PM

UNH gettin' closer to that big pivot break....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#38 redfoliage2

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Posted 15 December 2022 - 01:26 PM

So it's likely a trend day - typical of OpEx ....................


Edited by redfoliage2, 15 December 2022 - 01:26 PM.


#39 K Wave

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Posted 16 December 2022 - 09:05 AM

3850 looking like possible bounce point for SP...

 

once below 3850, then the floodgates could open up...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#40 K Wave

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Posted 16 December 2022 - 09:08 AM

BTC getting closer to the possible big final plunge...

 

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The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy