Very nice charts. I'll be shorting a couple of these on
strength tomorrow but can't chase these down. With the media
now starting to get negative and the VIX now starting to get some
juice (starting is key word) and the overall picture looking so
ripe for a sustained bounce (it's certainly coming but could be 2
weeks out) it seems to me that most are expecting too much from the
Fed. In my opinion, the only thing that starts a sustainable
uptrend now is NO HIKE - If we get that then there's your trigger.
Hike plus a million doves however may be very short lived.
Remember the initial move (30 mins to 2 hrs) after Fed is
likely the opposite for the next day (or 2) anyway. Seems
like max pain would be to catch long chasers and pummel into year
end and get the VIx up to where it belongs.
Covered 2/3 so far, plan to try to cover 80% and hold
20%....depending on whether we drop to 1065...if we do then I
expect a bounce on Monday and will close all.
So much for 1074 support... Euro will face resistance at
1.20. Short of a flashcrash repeat I'm thinking a short
covering rally will start at 3 which will then be sold off again
into the close back to 1073 or 1065. The question then
becomes will Europe do something this weekend...doubt it.
NFLX h&s is starting to look real good...the only strange thing
is the financials holding up. Any thoughts on why GS and
financials are showing relative strength ?
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Please let us know how
Market Indexes potential doji's
Posted by deep on 24th of Dec 2018 at 10:52 am
Please let us know how they look in a couple hours, could shape what we see into the year end.
Thanks - good target.. if
Daily Index coments
Posted by deep on 20th of Dec 2018 at 11:38 am
Thanks - good target.. if not today, maybe tomorrow.
Where is Jan low on
Daily Index coments
Posted by deep on 20th of Dec 2018 at 11:34 am
Where is Jan low on QQQs ?
Sometimes ? ;) Initial move
GDX and gold big reversal
Posted by deep on 19th of Dec 2018 at 02:29 pm
Sometimes ? ;) Initial move down should result in the long awaited Santa Rally... let's see.
Those shorts from last night
Posted by deep on 18th of Dec 2018 at 03:00 pm
Those shorts from last night are acting right, let's see if they can continue into the close. MCD, AMD, WYNN...
Very nice charts. I'll be
Here are a few short ideas. WARNING: I'm with Matt ...
Posted by deep on 18th of Dec 2018 at 12:46 am
Very nice charts. I'll be shorting a couple of these on strength tomorrow but can't chase these down. With the media now starting to get negative and the VIX now starting to get some juice (starting is key word) and the overall picture looking so ripe for a sustained bounce (it's certainly coming but could be 2 weeks out) it seems to me that most are expecting too much from the Fed. In my opinion, the only thing that starts a sustainable uptrend now is NO HIKE - If we get that then there's your trigger. Hike plus a million doves however may be very short lived. Remember the initial move (30 mins to 2 hrs) after Fed is likely the opposite for the next day (or 2) anyway. Seems like max pain would be to catch long chasers and pummel into year end and get the VIx up to where it belongs.
Over time or before year
The largest equity fund outflow of the year almost always ...
Posted by deep on 14th of Dec 2018 at 01:30 am
Over time or before year end ... typically ?
Answer: During the middle of December (these are weekly stats)
Here comes the flash or
SPX 5
Posted by deep on 4th of Jun 2010 at 02:54 pm
Here comes the flash or the 3PM 1065 bounce... Steve, if we bounce of 1065 where is the daily resistance ?
Covered 2/3 so far, plan to
holding S&P shorts over the weekend -
Posted by deep on 4th of Jun 2010 at 02:27 pm
Covered 2/3 so far, plan to try to cover 80% and hold 20%....depending on whether we drop to 1065...if we do then I expect a bounce on Monday and will close all.
Anyone wanna call the close ?
Posted by deep on 4th of Jun 2010 at 02:11 pm
So much for 1074 support... Euro will face resistance at 1.20. Short of a flashcrash repeat I'm thinking a short covering rally will start at 3 which will then be sold off again into the close back to 1073 or 1065. The question then becomes will Europe do something this weekend...doubt it. NFLX h&s is starting to look real good...the only strange thing is the financials holding up. Any thoughts on why GS and financials are showing relative strength ?
TSX in Canada is closed.
Question
Posted by deep on 21st of May 2010 at 02:02 pm
TSX in Canada is closed.