All these talking heads on same page now so they squeezed the
shorts today hold it up to close out or trim their positions. I
have weekly sells on spy etc. daily up signals so say up 3-4 days.
Than Feb 23 rd as a turn date also to head south into march.
Than will be looking for a low in GDX and or gold stocks to load
up. Into fall of this year should be very interesting...
rp, the seasonal trend for the OpEx week in February is a high
on Wednesday, and a drop into Friday. Brokers had to buy futures to
offset calls bought by their clients. When calls expire, future
long positions will be unwound. I concur with your
observations.
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All these talking heads on
Professional Opinion RequestEveryone here has been doing this longer than ...
Posted by RP on 14th of Feb 2023 at 03:53 pm
All these talking heads on same page now so they squeezed the shorts today hold it up to close out or trim their positions. I have weekly sells on spy etc. daily up signals so say up 3-4 days. Than Feb 23 rd as a turn date also to head south into march. Than will be looking for a low in GDX and or gold stocks to load up. Into fall of this year should be very interesting...
rp, the seasonal trend for
Posted by junkie on 14th of Feb 2023 at 03:57 pm
rp, the seasonal trend for the OpEx week in February is a high on Wednesday, and a drop into Friday. Brokers had to buy futures to offset calls bought by their clients. When calls expire, future long positions will be unwound. I concur with your observations.