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MARKETS BULLISH, but I am " SELL IN MAY" MODE...BUFFET BEARISH?


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#211 dTraderB

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Posted 11 May 2023 - 10:56 AM

HEAVY MARKET today, BURDENED by DEBT LIMIT issue

Starting a short build at 4140....



#212 dTraderB

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Posted 11 May 2023 - 10:57 AM

Want to SHORT BTC. Are there PUTS?
ETF?

IF BTC fails to hold 27K, could be air drop to 25
 

 
 



#213 linrom1

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Posted 11 May 2023 - 10:58 AM

Is this the selloff before debt limit agreement?



#214 steadyquest

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Posted 11 May 2023 - 11:58 AM

Is this a buy or a sell?

 

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#215 K Wave

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Posted 11 May 2023 - 12:12 PM

Want to SHORT BTC. Are there PUTS?
ETF?
 

IF BTC fails to hold 27K, could be air drop to 25
 

 

 

 

BITO long

BITI Short

 

options on both


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

 

 


#216 K Wave

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Posted 11 May 2023 - 12:15 PM

 

Want to SHORT BTC. Are there PUTS?
ETF?
 

IF BTC fails to hold 27K, could be air drop to 25
 

 

 

 

BITO long

BITI Short

 

options on both

 

 

 

Levered fund has been filed for

 

https://seekingalpha...in-strategy-etf


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

 

 


#217 12SPX

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Posted 11 May 2023 - 12:27 PM

hmmmmm profit stop 4139



#218 12SPX

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Posted 11 May 2023 - 12:55 PM

Was taken out for a 1 point profit, hopefully get a better fill higher!!! 



#219 K Wave

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Posted 11 May 2023 - 01:03 PM

Apple seems like maybe needs one more pop to upside to possibly finish things off...

 

If it does, and then comes back under 174, that might be the sell....


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

 

 


#220 dTraderB

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Posted 11 May 2023 - 07:25 PM

Trapped in this range -- but BREAKOUT UP OR DOWN coming soon ...
"when one zooms out from the financial media hysteria and day to day noise, the underlying technical regime is a buy dips regime, and this basic concept has made trading fairly straight forward for two months now, with every 1-2 day dip being bought.

After last Thurs/Fridays 100+ point vertical rally though, ES has spent this entire week in consolidation mode, building out a range with 4165 or so resistance and 4115 or so support as market repetitively traps bulls and bears. This week has now featured 4 daily candles, stacked side by side each other to form one of the tightest range weeks of 2023 so far.

Compression leads to expansion, and a big trend move will come out of this."