My timing was out a little. Price was correct 1995 SPX. I unfortunately lost some money on some options that expired, but made up with my other puts and 3x etfs. A great week for us bears. Watch out for some wild swings coming our way. Looking for some kind of lower high into the end of the first week of Sept. That will shake loose a lot of bears. Down we go into the middle of Oct time frame. LOL Great time to be a BEAR !!
Around the first week of October I see a big rally up starting into 2016. Until then I see it going lower into the end of September. We might see another huge multiday drop like test week, as it could be just wild swings from now until the bottom?
They usually don’t give the bears more then once chance to get a multiday sell off, which is why I could see up 2 days, down 2 days, etc… with an overall downward market until late September.
You know the lows aren’t in yet when you see these stories: http://www.cnbc.com/2015/08/24/amid-carnage-strategists-predict-bounce-go-all-in.html
It’s amazing how many people didn’t see this coming and I posted about it 2 months ago.
toooooooooooooooo bad did not take shorts! damn it
WOW… words are speechless now.
Morning,
Didn’t get to do a full analyzes on the weekly CFTC report BUT notice:
Commericials now….. LONG on the S&P and DOW
…. still SHORT on NASDAQ
WOW,, Bears RULE !! OH this is fun !!
hope your positive thinking pans out!
I so tired of getting sucked into these predictions!
THEIR WILL BE NO LUCY DAY !!
My timing was out a little. Price was correct 1995 SPX. I unfortunately lost some money on some options that expired, but made up with my other puts and 3x etfs. A great week for us bears. Watch out for some wild swings coming our way. Looking for some kind of lower high into the end of the first week of Sept. That will shake loose a lot of bears. Down we go into the middle of Oct time frame. LOL Great time to be a BEAR !!
Around the first week of October I see a big rally up starting into 2016. Until then I see it going lower into the end of September. We might see another huge multiday drop like test week, as it could be just wild swings from now until the bottom?
They usually don’t give the bears more then once chance to get a multiday sell off, which is why I could see up 2 days, down 2 days, etc… with an overall downward market until late September.