3309 Drysdale Ct
Edwardsville, IL 62025
SPY and QQQs had to fight really hard to keep the yo-yo pattern
in check ! Will be looking to buy these earning (related)
names into weakness tomorrow morning (SAM, AMD (INTC reports),
WDC(STX reports), VRSN, EHTC) and likely sell before the day is
Looks like about 282 ish ... ? corresponding spot on SPY
ok boys where is the botton of that channel the QQQs for the
afternoon reversal pop ?
Fer sure ! I really like the channel pattern you guys drew
on the QQQs yesterday. The SnP symmetry was real close to the
top of that channel as well. I'm betting that's gonna be the
election channel to watch and we bounce up and more down in that
channel for the next 2 weeks.
Weekly pre election yo-yo pattern. Mon = Down, Tue = Up,
Wed = Down, Thu = Up, Fri = Downtown. Obviously I just
made this up, actually I made it up yesterday based on all the
yo-yo SPY system triggers. If the top of that QQQs channel
holds (looks like it just did). I plan to take my favorite
shorts for Wednesday - currently eyeying NFLX and LVS along with
the SQQQ and SH which I just topped up.
So where is the top of this channel now ? About 289 ?
I'm betting on a turn around Toosday bounce. Fact that
we've had 5 red days on the QQQs (when's the last time we had
that?) and that GoldNice chart of AAPL from 20 years ago still
haunts me. Maybe go short 11/20 and long 12/20 on all the
sectors ? That's my game plan assuming we can get a bounce
and I can re-short tomorrow.
Go in the money about $20 (or more if you can afford it for less
vol) in case you want to get in early.
Looks like 3 knocks on the 3465-3466 floor ... let's see
if we fall through.
I can't think of any logical reason the stimulus deal get's done
ahead of the election but who knows.
That would be $$$. On the new SPY short. I also
re-entered the SPY long for Nov Thurs am like Matt which is up a
little but I'm a little bamboozled by the double ride. I
suppose it doesn't matter if you get off each one at the right stop
SPY short ?
Did we get a cycle buy yet on the 120 ?
Please confirm 9day EMA support on QQQs and SnP on the weekly.
Also looks like XOM may have or will re-enter the bear
channel - should I hold (and dobule down at bottom of channel) or
bail ? On a positive note I held on for a couple days on the
long USD, short EUR trade (doubled down actually) and managed to
exit up $50 bux vs. lose $1k. I like this trade along with
GLD down as a swing but I don't think I can stand this election
volatility. You guys are awesome !
Could pull all the cloud flyers down ? Surely at a 33%
discount, FSLY is a buy.
Rally on I say ! Onward and upward ! :)
But at least there is NIO. Thanks to the pre-market post i
snagged up a few.
Appear to keep knocking on the floor of all indices, are we
going to bounce or fall through ? Looks like inflection
point. I may need to buy some more hedges.
What's a good target for c on IWM ?
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