Completely sold longs:
HK ( +7.20% at 28.42, bought at 26.52)
Partially sold longs:
GMXR ( +6.51% at 62.02, bought at 58.22)
USO is weaksauce today! Back under 92, which is my sell point… I didn’t think USO would get there that fast. I probably should have went long airlines as a hedge, or at least short HK.
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mr. softie going down, i can feel it in my uterus.
the market tanks promptly at 1 p.m. friday est
Whattaya got?
A psychic fetus in there?
___
apparently so…
Whattaya got?
A psychic fetus in there?
No, the anti-christ child, but that’s beside the point. My chart is showing an atomic wedgie at noon tomorrow.
Just kidding, actually, it was [this]
Gio, “respectfully disagree”….short airlines now! just bought UAUA 12.5 puts & DAL 7.5 puts….these have been up over 300% since July 15 and look at the airline index…it is forming a “distribution dome”….Hell of a pull back coming IMO- tell sign for a bounce in oil as well- crazy market bra!
Darwin, i was at WallStreak all day today saying short airlines! So, yes! We agree! Airlines is a day short + swing short.
… airlines could not get up there big, despite US0 getting close to 91. That tells me airlines are a swing short. Your puts are $.
Shorting ALK here at 200dma ….
Shaka!