Cool. I’m holding 20 SPY Sept 195 puts..and I’m just going to take a chance we go lower into next week..even if we get a little rebound tomorrow. If we don’t get a good move down from here to at least your target of 1920..then I don’t know what to think.
SPX 1960 will get the Dow just under 17K..maybe 16,950 to 16,970.So anybody that wants to see this thing open up with some wider ranges..will be rooting all key indexes to take a good hit today and or tmrw.- The last decent little pullback a few days ago,the Dow stopped hard at 17,006..so it’s already a factor.- Next Monday will certainly be key…but I can’t wait to see how we close and then what happens tmrw.- It “might” get fun here again for a little while. Maybe. 🙂
Support is around 1960 SPX, which if we gapped down tomorrow and hit it (or hit it today?) I’d exit my shorts and wait for a bounce to reload again for the weekend. Not sure where that’s at on the DOW though?
Well lets just we if we get back below Dow 17,000..and stay south of there, “if “we do. – Crucial to opening up the range here for trading purposes.- Looks like the market is in a “wait & see limbo” mode here at the moment.
The news is always there after the charts foretell the move. The charts said we should go down and continue into Monday and the news was just the reason to blame it on.
Yea..but I think this Malaysia passenger jet,that “might” have just got shot down..has put some pressure on the markets that will last at least for today. Still a rumor..but there is definitely another Malaysian passenger aircraft missing right now…and it seems to be having at least some affect on the market for the moment. We shall see.
Cool. I’m holding 20 SPY Sept 195 puts..and I’m just going to take a chance we go lower into next week..even if we get a little rebound tomorrow. If we don’t get a good move down from here to at least your target of 1920..then I don’t know what to think.
My target to short again: http://screencast.com/t/Vd0KmSgb7
I’m out of all shorts for now. I will reload on a bounce. Paid .57 for my put spread and sold for $1.14 (so I’m happy with that).
Video about the plane crash: https://www.youtube.com/watch?v=dTCulEzHQh4&feature=youtu.be
SPX 1960 will get the Dow just under 17K..maybe 16,950 to 16,970.So anybody that wants to see this thing open up with some wider ranges..will be rooting all key indexes to take a good hit today and or tmrw.- The last decent little pullback a few days ago,the Dow stopped hard at 17,006..so it’s already a factor.- Next Monday will certainly be key…but I can’t wait to see how we close and then what happens tmrw.- It “might” get fun here again for a little while. Maybe. 🙂
Support is around 1960 SPX, which if we gapped down tomorrow and hit it (or hit it today?) I’d exit my shorts and wait for a bounce to reload again for the weekend. Not sure where that’s at on the DOW though?
2nd chance to go below Dow 17K coming.
Well lets just we if we get back below Dow 17,000..and stay south of there, “if “we do. – Crucial to opening up the range here for trading purposes.- Looks like the market is in a “wait & see limbo” mode here at the moment.
The news is always there after the charts foretell the move. The charts said we should go down and continue into Monday and the news was just the reason to blame it on.
Yea..but I think this Malaysia passenger jet,that “might” have just got shot down..has put some pressure on the markets that will last at least for today. Still a rumor..but there is definitely another Malaysian passenger aircraft missing right now…and it seems to be having at least some affect on the market for the moment. We shall see.