I took your advice on MARA Matt.  Limit order filled right at 20.42.  Thanks for the guidance, very helpful.

What a pop.  What is a decent target on this one?  Thanks Matt

Amen brother....once the dog gets sick from all the fleas and dies, there are no more fleas.

Can you post that chart please?  Thanks.

What will you use for the system on the site?  Close out or stay?

For those that want to educate themselves on options, read the first few chapters of Options as a Strategic Investment by Lawrence McMillan.  Older book from 1992, I think but the information is laid out well.  Then familiarize yourself with the profit curves in the appendix.  Read the basics a few times to let it sink in as to how they function, then that will give you a good knowledge base.  There is intrinsic values, exponential time decay, volatility, break even points, etc all a part of what to know about options.

Matt...........The ES system is still open in a short position.  Has the current short closed out?  or are you saying that it can trigger a short while a short position is still in place? 

Has the ES system closed out on the short?  I didn't think so but wanted to confirm....

Good looking kid Matt.  Congrats.  Don't know how you find the time to do what you do with BPT and manage 2 kids, but kudos!!

Hi Steve,

Looks like we are off this chart......is there a revised chart with the next major pivots on the daily?  I can't count how many times Matt and you preached caution.  In fact, your words of you, yourself being in cash and that cash is a position are words of wisdom.

Thanks.

ES System still long right? 

Steve or Matt.........Is the VIX below the BB bands on the daily?  Thx.

Can you confirm what yesterday's high for the SPX was?  Essentially the end of the upper wick.......Was it 1935 and some change?

Answer: Yes 1935.65

Steve.........VIX still below BB?

These looking to close below the 20 MA on the Daily?....just trying to gauge if that Inv H&S is forming up.  Thanks in advance for any input or updates.

Hi Matt.....did GOOGL hit the  H & S Target on the 60 Min?  It must have come close.

I should have listened to the newsletter.....thanks anyway.

Matt......Did GOOGL on the Daily chart close below the 20 Day MA yesterday?

Warm wishes to you and the family.  I think Fibonacci is a good name.

KNX has had great follow thru the past 3 days......great trade idea Matt & Steve.