On Friday last week I mentioned a particular set-up I was looking for in stocks this week. A retracement back down to 1620-1625 in the S&P.
Breadth is slowly improving off this V reversal at the open. I am using the days lows as a reference point for a long bias.
Trades forthcoming.
OA
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u did call it …. nice horse sense, u have OA !
OA has some of the best horse sense around. And a pretty good trader too!
Awww….Miss you.
Also thanks for keeping us interested and watching AAPL. It continues to act well and was one of the first to reverse to green this morning.
AMBA on the highs now, trying to break out. Get some.
That stock behaves very well.
Yeah but the options suck. wide spreads.
And boom, thar she blows.
Gap filled. Resume decline
When you are wrong, again, you have to become a bull for an entire week. Deal?
I’m agnostic. RUT not buying this adsurd ramp into the Euro close.
If you refuse to be a bull, post a pic of you spooning with your teddy bear.
Loved the movie Ted.
Picked up NFLX and PCLN wkly calls this morning.
Looking for a spot to kill my COCO shares. Looking to close between 2.50-2.60.
fly jr…you so crazy …….wow doji girl,blast from the past..I need to get back in the room
OA,
With these ‘lotto’ play weeklies you grab every once in a while- do you use a ‘gambling’ account or do you allocate a % of your regular account to it?
Which NFLX calls did you snag?
Thanks
Smaller size, absolutely.
I try to avoid the term “gambling” only because I feel I have in edge in the set-up. I’m about 50/50 overall, but the wins far exceed the losses.
As for NFLX I took 225s, PCLN 835s.
OA
I hope you get your PCLN 835 but no higher. I am short the 840/845 call spread as part of a condor.
Ridiculous ramp turned back as predicted
VWAP always a mid day point of reference.
snappin necks and cashin checks
Bro, you are about to get crushed.
how can I get crushed if I closed out most of my shorts and sitting in cash? I’ll wait for another absurd, feeble ramp to short. The bond and currency markets are telling you “RISK OFF”. Unfortunately, you equity monkeys are the last to get the memo.
Then I would recommend cheerleading when you have risk on, like most traders.
Bet he is looking up “vwap” on stock twits now Jeff
don’t be a turd
fly jr is someone else renamed from the past who was banned. I just know it.
I’d go with paid sidekick ..part of OA’s schtick.
You think I know this person?
Dude…
Hahahaha…. It’s Andy kaufmans alter ego… Tony Clifton…
Volaaeeerrreeé!
no. OA is nothing more than a pupil. He’s quite a fast learner.
Going back to market sentiment cycle, I’ve got some compelling charts to post at the close.
don’t wait
Don’t rush.
Bulls getting gored into the close
Stop being a dramatic socially inept problem child