Talk about a bear flag and breakaway gap.

Today was a good day.  

It sure was.

Thanks Matt.  The goal is to keep ahead of the artificial market.  To know that market breadth has been on fumes these last couple of days.    Things were getting top heavy and as you said in your post last night.  Keep tight stops and careful as we have had a tremendous move off of the March lows.  Never fall in love with a trade, as it could be fleeting:)

Agreed.  I have gotten some great ideas from people on this site and gained a lot of knowledge and made money on most of them.  So I appreciate all the posts, because I also want to check against what other people are seeing and I might not be seeing.   I also try to share my mistakes and trades that went against me so I can learn from those mistakes and get better.  

If someone likes cheap bargains.  TLT 5/22 calls at 171.  $0.28.    Could be low risk two day trade.   I am not in the trade, thinking about it.  

nice.  Thanks

100% you are right.  that would be crazy.  No more posts from me.  No worries.  Good luck to all.  

This is Steve and Matt's website and service.  I am just sharing my notes with members as a collective forum.   I will never give people my exact trade in real time.    That's not what I do.   And it is not like I posted the information weeks later when it worked out, I post them within a fair amount of time if someone wants to do their own DD and take the trade or not.  I never want to be responsible for someone else's trade.  Many years ago I helped a friend with his trades.  What I found was this:  When you are making them money, it is never enough (he would cry if the stock went up another $0.50 and he didn't capture every last penny of profit, and when he lost money on a trade, he would cry and blame me.  So that was a valuable lesson for me.  So when i post my trades, these are just my trades and I am not recommending but just sharing with the group.   

PUTS.  Short trade.  Not a long term trade for me.  

VXX@33.50 .  These are just my trades not trading advice to anyone.

ERY@$57.

QQQ, SPY, IWM - PUTS all ATM.  Bought at the open.   +20%.

$VIX.   The gun is loaded.

NFLX 5 min chart.   Lets get this party started! Breaking the neckline right now.    PUTS are green now.  

DRV.   This one has been a good one for me the last month. 

majority of the money is being handled by Fink at Blackrock.  They are buying into the market often.  The fed is giving out money to the banks.  Banks are not lending to most people because they do not want to take any risk with the current unemployment rate so all the money they get goes right into the markets.  inflating every asset over time.  In the end the debt bomb will blow up and I do not know what that is going to look like but it cannot be good. 

Matt - looks long in the tooth.   I couldn't help myself.

If you take an Ace or statin you should watch this: https://www.youtube.com/watch?v=EKBz2hcVg-k