We’re having a 90% down day. Those are one of my favorite signs of short term capitulation. Unfortunately, other signals like volume and VIX aren’t confirming.
However, if we close below 897 and trade at least 32 million SPY on a gap down of 15-20 handles by 10am tomorrow, I’ll be a buyer of SSO for a short term trade.
I was up 10% on the year. Now I’m only up 2.5% after this past weeks drubbings. Talk about “taking the stairs up, but the escalator down”. FUCK ME.
That’s my bike punk!
We’re having a 90% down day. Those are one of my favorite signs of short term capitulation. Unfortunately, other signals like volume and VIX aren’t confirming.
However, if we close below 897 and trade at least 32 million SPY on a gap down of 15-20 handles by 10am tomorrow, I’ll be a buyer of SSO for a short term trade.
are there dip buyers on the sidelines, waiting to take the plunge?
For Lenny Dykstra fans.
An HBO show tomorrow night.
http://www.philly.com/philly/sports/phillies/48754802.html
I have not sold or shorted yet. Still waiting.
for the bearshitters http://www.youtube.com/watch?v=a51unTtVsiU
Fly, please eat some oatmeal and go on a dunkin run.
http://www.dunkinrun.com/
I’m selling now.
Here is a hot coffee. DDRX now available at a discount.
Bought some TZA at 24.44. This will slow the fall some at least.
Fly,
I’m stuck in Houston. I need your credit card number to gas this bird so I can fly home and make some money.
Don’t let me down, bro!
Nails
Whatever happened to funds buying in at the end of the month? Sidelines money? hello? CMED looks like a buy here?
And oh yes, Maria Bartiroma is a fat cow, imo.