Forum Replies Created
-
Posts
-
will ponder putting shorts back at around 2163/66 then 2180ish…..2152 area was first resistance and held so far . maybe that’s all we get , but I’m waiting for now.
good luck with what could be a wild few days on thurs/fri & early next week…
Too early to tell Gekko. Rough idea is more volatility for a day or two(as posted), then a rally followed by a dip into late month . I am hoping the late month dip would see us into the mid to high 2000s. The shape of any early Oct rally would then guide any lower low in late Oct/Nov …..ie too vague to be much use at present!
cut 50% of ss position from 2185.
can see a few days of bouncing around & finding a low , then a decent retrace into next week maybe . Trend should be down for now , maybe for a few months. If that plays out , target would be a way away , hence keeping the balance ss ( & adding back above )
Hi baaa, long time no see, where yo bin?
Morning paps , still here , just tend to pop in when I see a decent set -up …..rare nowadays , which is probably just a lack of ideas …
Looking like this is the year of currencies and now thinking we get 3-4 months of $ strength and an equity dip to coincide ……
Nice to see a few old faces back ….maybe that means things are about to get more interesting?
Rgds
Going ss today/tomorrow in stages. Time suggests a turn here and resistance / fib levels between 2180 and 2212 give me a decent risk/reward v stops.
the 2085/2100 level might be a first port of call for the A leg if it pans out…come to that later hopefully
re-shorted 2100 & closed those shorts this morning.
becoming a total lottery from here . At least the return is asymmetric & I’ll think about adding back the shorts near 2100 and more around 2106-2110 if it gets there .
Accepting this is now a total gamble , so care with position size…
2072 spx is lower boundary support and I’ve closed a lot of shorts there this morning , together with those I added on the break of 2085.quite flat now as I’d like a test of 2100 again …not sure if I’ll get it.
keep up the good work cimac ….you’re the last one standing it seems ..
was thinking we see a dip into Monday +/-, but so much support everywhere and bears got no chance unless we see a sustained break of 2085. Almost better to get short on a break there rather than pick a top anywhere….or long a low around there with a stop below 2085, etc .
who knows!
look after yourself cimac & best wishes for a full recovery.
not expecting a big reversal , maybe sideways ish for a few weeks in a 50pt S&P range . If the highs around here hold for that period , good odds we break lower into mid March . too early to tell for now. I’m biased short until then.
closed half my position short this morning. world & his wife looking for a flush today , so it may not come in the size expected.
picked up a few longs to hedge some of rest & 1950’s looks like a decent opportunity IF oil rallies and we can get something going from hereabouts
big few days ahead – bears ideally need a close below 2046 this Friday.
on balance still favouring the top is in , but until we print 198x & below , doubt remains .
For now I’m staying long term position short . For today , I’d like to see a rally fail around 2073-6 and a crapout thereafter…
2024/27 has been in view for a while . lightly short now & will add if we get nearer/on an early rally .probably wrong above 2040ish , so decent risk/reward .
on any dip , lis is the 1950s for the bull/bear .
whippy next few weeks , maybe one more test of 1867( after all the truncation by 5pts last night is sufficiently ambiguous) , then eoy rally to c2000 min?
Any rally commencing in mid Oct might be unforgiving
out of two-thirds for much the same Houdini.
conceivably might see 1970s before decision time , but too early too tell in advance of any rth action!
rally more likely later today imo
trendline support hit …worked for a few the last time , so in for a penny…
