More gold from @sentimenttrader…
Joined Aug 2, 2009
1,847 Blog Posts
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Everybody forgot about ATHs and is talking SPX 666
This is classic. I need to follow that guy.
bchu is wondering how he’s supposed to trade GLD with this chart….
how do i buy gold with this chart?
See OA? Told you so. (extra sgt hartman)
Dude, you’re killing me today. lmao
you making money in this market?
Wow. Sure do talk a ton of shit but never banks it up with anything.
How solid is the “short squeeze” thesis though? Seems to be the only point that Bulls point to is the mythical short squeeze…
Who are you talking to?
Don’t forget everyone and their mother is also screaming “we are oversold” as well. Indeed, the water is fine Bulls. Jump right in Hehehehehehe
PS
This morning’s limp bounce served to shake off those oversold conditions. This is textbook downtrend stuff. Will close at lows of day and down hard next week
As posted on Raul’s blog first thing this morning, buying a chunk of weekly SPY puts out of the gate was another gift. Tic Toc
I told you to quit fucking trolling here. Last warning.
going to be a wild close, rug pull or big rally? No middle ground here IMO….place your bets or just get some buttered popcorn.
feels like going to be a quiet close and have everyone guessing over the weekend.
Twitter finally took a dip under $20. I think I mentioned on here some weeks ago a close below $20 may finally flip even the medium conviction guys off of it. I’d be looking to add a little extra to the position on a flush, even though it’s already a full position. That’s in the 5+ year account so I’m not too worried about the interim swings and I think there’s a payoff here someday for the extremely patient.
Hey OA – does the 1998 analogue still have merit?
As far as volatile equity prices, implosion in oil prices, strong dollar, volatile credit markets, asian currency manipulation, extreme bear markets in base metals, deteriorated and decimated market breadth and elevated levels of fear are concerned?
Or just the trend in equities?
the trend in equity prices
yike. no one wants to hold over the weekend i guess
$UA just hit $75
http://ibankcoin.com/option_addict/files/2016/01/Bgc4vP3IUAAnLqy.jpg
Pin it @ 1929? How cute.
you wish 1929. looks like they want to pin 1920. that’s the 10% correction mark.
As in the year dude.
HA!
haha. i was thinking that earlier. Pretty sure China will be crashing sunday night.
went long the Euro.
This could get ugly Monday. I have my limit buy set 5% lower on the SPY.
Fucked up trading around TNA. Took the 2% mental stoploss. My basis on this go around is 53.
Money does not seem to be rotating into bonds either. Too slow a creep into TLT
So what’s everybody doing with their cash? Me, I’ll be waiting to buy the next 1/8 positions for my long term portfolio next quarter. And buying hedges against said stocks around their earnings
Oil: Still would take a shot during a market hour test of 32 or just below. That would put SCO around 174.00 and I would feed some to the ducks.
Natgas: Sold the remainder of my UGAZ at 2.90. Have a 1/4 position in DGAZ so I’m short.
Good Luck next week.
one of my worst weeks in a long time but I just have time on my options and will hopefully be able to break even.
Next week I will be lights out.