Please don’t get this twisted. Shorts have been very much right on direction. However, the TROLLING element is what I wanted to draw your attention to here.
With any instrument, once the tone comes through the way it has the last few days, that is a sign to get out of harms way. They sense you there, and the pain trade is clear as day.
Thanks for the social experiment everyone.
OA
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Fading the chest pound has been the free money trade all year.
During 2015, when fewer than 30% of SPX stocks have traded above their five-day moving averages, the next five days in SPX have averaged a gain of +.76%. All other occasions have averaged a five-day loss of -.21%.
Loved that article last night. Was going to blog about that today.
UWTI well off its morning highs and dropping fast. Dead cat bounce was short lived!
I’m just saying that you sense the shorts down here, even if this isn’t bullish, they ran stops.
It looks more like the shorts jumped on the opportunity to short the highs in oil this morning vs covering. Just a very temporary blip higher that lasted all of a half hour. Now back to regular programming..oil down.
“FIRE IN THE HOLE!”
I feel silly wanting UWTI higher because of what it does at the pump.
Are you able to see how bad your calling this or do you work the troll for GS
Yea great call lol
Girlfriend out collecting shells. I might get to trade the oil inventory! Short via SCO 79.50, 83.84, & 90.80.
I am willing to lose 6% on the SCO trade.
Again, very well managed trade. This post only came about the cheerleading into the hole.
Wanted to reinforce the compliment.
Thank you and I presumed that. U R a class act.
With you on SCO. Just bought a nice position on pullback.
out collecting shells lol
Costanza trade for the win…bastards wouldn’t fill my UCO weekly 22s @ .15 this morning
TWTR ripping tits
Possibly “aversion”. Although it isn’t as much of a mirror image of the sentiment chart as we’ve seen in the past, it seems clear enough for me to be satisfied with calling Sept-Oct as discouragement, Oct as wall of worry and now aversion.
A move to 35 could allow for another “aversion” mode where the current “aversion” is also the wall of worry on a slightly higher time frame.
Let’s see what this afternoon brings…would like to recover $30 today. Volume and speed are encouraging. Maybe Sweaty Steve will step up and buy a few million more shares…
$RUT $RUT?
Jumo in oil will be short lived.
Cushing up les than last week
Imports down
Overall inventory up
Production up.
I will look for an ideal spot to add my last 1/4. Production up tells me that producers have hedged and will be supplying to meet debt loads. Very little reason for demand of spot crude.
I do want to note 48 state production was flat week over week, but still positive. Alaska contributed to increase from last week.
TDA won’t let me into my SCO chart to trade. Got I want to short so bad …..
Here’s what I did: add 1/4 positions short at SCO 82.98 & 84.05. The algo stop fest surpassed my expectations! I am short oil via long SCO at 125% of my desired capital outlay. Couldn’t resist this algo gift. Will trim 1/4 position later. Only US based QE will negate this trade from what I can see. BTW, thanks OA for IWM. Girlfriend calling gotta go …..
Nice moves!. In defense of the trolls, as long as they weren’t shorting in the hole yesterday, they are still sitting pretty
You have no frame of reference for that. This is the dumbest comment I’ve read all week.
Its chub
Sure, but Chub is the more aggressive part of his personality. The guy who takes no shit from anyone, especially the other end of his loss.
Where is “Fok u shorts! UWTI FTW!”
Ah… Ok. Mr sensitive. Lol. What a day
I’m down less than 2% in GPRO – anyone else holding through earnings?
I like that AMBA for a long term too
Morning dip buy of labu working out nicely
Nice call on russell and biotech. Uncanny!
He’s a witch…
Watching $FB here – been quiet so far this week, but consistently making new highs…if it can get going here could release some pressure.
Sold LABU 20.61, from the 10/26 15.8 long. Due to come in a bit and will reload
I like $YRCW here.
Daily chart. Aversion? Looks like it.
http://3.bp.blogspot.com/-VKm4JWJesy0/VjDj2Z2K7dI/AAAAAAAAAp4/Drq5IoD_Qq8/s1600/YRCW-daily2.jpg
You see the DEC calls that went off y’day? 15’s?
nice. Just saw. Looks like earnings report tomorrow as well.
Weekly Chart? YRCW looks like a cross between Aversion and Discouragement.
http://4.bp.blogspot.com/-D57FQZSvt0w/VjDj2TTUMEI/AAAAAAAAAp0/E2ugsdAT0Hg/s1600/YRCW-weekly2.jpg