Posted by fredsaid on 24th of Mar 2023 at 11:30 am
I think reversion to mean is likely. Picked up a 94-90
bear spread for next week. Still possible that we get a QQQs
squeeze today, P/C ratio is back up around 1.12, which I expect
would be led by MAGNA with more selling under the hood. If we
get the squeeze I'll add to the AMD short.
AMD follow up
Posted by matt on 24th of Mar 2023 at 11:17 am
AMD - Chart Link- could have used that doji for a short trigger, had the divergence via the 5 RSI
I think reversion to mean
Posted by fredsaid on 24th of Mar 2023 at 11:30 am
I think reversion to mean is likely. Picked up a 94-90 bear spread for next week. Still possible that we get a QQQs squeeze today, P/C ratio is back up around 1.12, which I expect would be led by MAGNA with more selling under the hood. If we get the squeeze I'll add to the AMD short.
AMD short was nice. Closed.
Posted by fredsaid on 28th of Mar 2023 at 02:01 pm
AMD short was nice. Closed.