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I was really hoping for a good dip before next weeks OE
Considering this was your first post for a while, very impressive 🙂
Plan your trade, trade your plan!
Not to mention Tesla $ 1019 up from an intraday low of 353 on the 18th March. Amazon , Apple MSFT at new highs. Cant quite remember the .com bubble apart from making some money in obscure shares from a tips sheet and losing some of the gains after dip buying on the way down. I hope the Spx and Dow do not try to play catch up with Ndx.
Those new highs nailed it. Tesla over $1000 is just silly.
Plan your trade, trade your plan!
Sadly I stopped being short overnight over a week ago, so have no shorts in the money here.
It is not surprising really given the magnitude and length of the rally.
The amount of millenials who were buying here battered down stocks (airlines etc.) was massive. If the market decides to burn them, they will be taught a lesson
Plan your trade, trade your plan!
I didn’t want to say too much and jinx it. I cant ever recall Ndx + 150 and  spx down big.
I got stopped out of a few positions on last Fridays NFP:
Short from Friday SPX Â 3135 .
Added at 3160 Â 3180 but had to cut the latter 2 positions at 3200 that day . Walked away and watched as I had to admit I was wrong.
Scalped some shorts only 10-20 points yesterday and  made up some of the losses.
Kept the 3135 smaller position and closed today at break even. Just goes to show how crooked the market can be but have to take responsibility and manage risk.
So I haven’t traded particularly well but no big losses and happy with that.
Just watching for now.
All part of a bear market rally but is this a sharp 4th
or is the party over.I am in profit this week and happy to watch.
I would prefer a firework 5th
Many eyes on quad witch next week
Never give up, never surrender.
A near 1000pt range for Dow futures.
Algos have crushed the bulls for sure.
Never give up, never surrender.
Let’s see what the rth boyz want for Cycle Day 2
and what kind of a base for quad witch.Never give up, never surrender.
Possible rth support for the Dow at 26000
The problem is it’s a big round number and
a meeting place for bulls and bears.Unless there is Fed pump the Algos will have
fun around that pole.Never give up, never surrender.
I have a small profit for 2020 and I would like
to hold onto it at the 6 month point.My plan is to wait for June to play out and
then plan the 2nd half of 2020.Time to leave the screens until quad witch.
Never give up, never surrender.
Certainly not what I expected for this 4th wave (if that is what it is). Still, 4th waves can do unexpected things. I don’t have a position and I’m happy to sit on the sidelines.
So far, so good. SOme underwaters are now in profit.
However realistically no reason why we should not see SPX 3000 as a minimum again. It might take days, but ideally seeing as I ran the shorts stupidly underwater, I have to now try and run for a decent profit.
Plan your trade, trade your plan!
Certainly not what I expected for this 4th wave (if that is what it is). Still, 4th waves can do unexpected things. I don’t have a position and I’m happy to sit on the sidelines.
I am thinking a 200+ point decline from the highs Hatman over days.
Plan your trade, trade your plan!
NAS vs Dow gave a Dow Theory red alert which we ignored
as we got used to tech rallies.Ftse looking at 6000
More realistic prices but still over priced.
In the UK avoiding 10 million unemployed by Christmas will
be the subject of daily briefings.Add to that 10 million waiting for NHS operations.
We are going to need something VERY special in the UK
Never give up, never surrender.
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