I bought my second installment of the heavily hated $LULU today at $53.60, as yoga pants went 20% off today.
Back on Gray Monday, I bought my first chunk at $59.
Still one more lot to burn.
OA
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$NFLX calls for next week bruh?
Or is that Implied Vol still too high? Or just a shitty idea overall? lol
Man, I’m back and forth as to how much movement ahead of Fed from here.
Jeff – Just curious why you chose this location for LULU
Been watching all morning, felt like it bottomed. Great price, location…we’ll have to see how it trades from here. I’ll admit, I don’t have the strongest fingers in terms of picking bottoms though.
Did anyone at least smile on that last blog title/image combo, or have I offended yet again?
Gold. Please continue.
I didn’t get it, but the guy seemed nice enough
OG Jenner?
Nope, great stuff
http://i.ytimg.com/vi/cM0ooG0OVQU/maxresdefault.jpg
yeah i did. i gave a silent golf clap in my office.
I’ve missed you. Why haven’t you called?
I’m subtitling the headline “Its hard, but I’m taking a stab at LULU…”
Right on target.
I’m lost at what to do here in the market. This dam back and forth has really mind-fokd me
That’s the best comment I’ve read today. Perfect depiction of sentiment.
yeh, seems like everyone is too confused to act
a strange pulse to the market today.
Dying optimism into the close. I’m going to buy it.
good luck! it’s not for me yet, you going stocks or indices?
NQ or TF…want to go after NKD again tonight. I am long USD/JPY here too.
I have been adding up here today and yesterday. IMHO the big scary OMFG move is around the corner. Much of my magical voodoo points down hard. Good luck all. Top is either in or it will be by Tuesday at latest.
This is mostly cycle stuff you reference, right?
i have all sorts of mad voodoo. cycles are just one piece of the puzzle.
A genuine question: has a discretionary approach based on those various inputs been profitable for you, historically, vis-a-vis overall market returns? What kind of CAGR, DD, etc.?
Gap down with big reversal up tomorrow
Bluestar,
I temporarily awake from my medicine induced coma (lost 7 pounds yesterday from an awful stomach virus) to read of impending doom. I couldn’t agree more my friend. The last 2 weeks have been the eye of a hurricane. Belgian farmers everywhere are preparing.
Took off my small positions. Doing nothing more than day trades right now
We haven’t had a large gap down in what…4 days? Seems like tomorrow is a good day for that. Buying to follow. Mind fuck continues.
seems like everyone is thinking we gap down tomorrow? So maybe market gaps up????? just a thought
really? haven’t seen anyone commenting on this but you might be right.
alas, I am lost without my chat pals..help a brother out
Let’s try again…I think it was a webinar issue.
I’m starting to feel like I’m the only one expecting a hard rally into the Fed? (I.e…. close the 8/20 gap down on the $NDX before Yellen speaks). Am I wrong? (My sentiment resources are fairly limited, so not sure if I’m in the majority or minority)
http://imgur.com/V0Oxhj6
That would be something huh? Lots of people got really bearish / cautious here and if it happened I’m pretty sure we would get one helluva rally up with short covering.
Absolutely agreed. These 1 to 2 day moves and reversal can’t last forever.. eventually something has to stick for a few days to draw traders in…..
Personally.. Friday through Wednesday morning felt like we were climbing out of the abyss.. Wednesday felt like complete risk Aversion.. and this morning felt like acceptance of the situation, with Denial of the potential move this afternoon. Not necessarily chart based… but more emotionally based….. for what that’s worth.
Wanted to share for anyone interested in Fib and Elliot Analysis…
Came across a bookmarked video from Constance Brown that was made in 2011. She’s a little scatter brained in explaining… but a different perspective on Fib Analysis in a similar environment. I always enjoy learning different techniques from people that actually apply them, so worth a look in some spare time IMO.
http://media.mta.org/videos/2011/chicago-regional/connie-brown/connie-brown.html
C’mon Market, take a big dump…
The Saudi’s told OPEC to take a hike, see the consequence.
Lost my edge — doubled account (was up 250% but gave pack a shit ton yesterday and Wed). Went to cash and back to my day job. Will return when volatility picks up around earnings season. Good luck gents!
short NQ 4263.5
short ES 1930
haha! just covered mine -5 good spot though 4260 is the spot to crack on the NQ. I’m looking to get back in as I think there’s a big move coming today…I’m thinking down but maybe not?
Did too, but now I favor the long. When that happens, best to eat some breakfast.
You favor long and ur short the ES??? What are we to make of that
IPO’s have held up well thru recent stupidity so going long WING with football season upon us.
trying again short NQ 4263
Feye and cybr. Couple of the Fly favs. Unreal
Not that unreal to me. Valuation is ridiculous in both of those…really in all of those cyber security stocks. Major bubble in my opinion.
He’s been pumping that sector up so much of hate. Pretty irresponsible
Breaking news:
Fly announces support of ISIS!!!
http://ibankcoin.com/flyblog/2015/09/11/who-is-the-next-biotech-takeover-target/
On 9/11 of all days of the year!!!
Fine print:….as a potential takeover target.
Sorry, bad joke.
Actually somewhat clever.
I bought into the dip today. Long AMGN and TA.
I came into today thinking lower morning then reversal higher. Hoping for the reversal here. I still think we test the upper end of the range first…ie ES 1980 or so.
covered again. No follow through algo’s owning the day.