One of the better tells is the UUP and FXE. UUP has a negative correlation with the indexes and FXE positive. Both are stuck in neutral territory as of Friday’s close. However, UUP is up against serious resistance in this area. I personally don’t short confirmed uptrends, which we have been in since early October and until the UUP breaks, one way or the other, I just don’t see a valid signal. Disclosure: long a few small cap growth stocks, which are breaking higher.
Don’t see how this could possibly be bullish, but hey, in this crazy world, anything is possible. Seems very overt them doing this to ordinary folks and then putting out a movie called margin call a week later. Makes me certainly less interested in hearing about the efforts of the white dragons.
Well either way red, you will win. I am more than sure that every one will gladly donate to your site after this coming blood bath, for all your effort and passion that you put into this site.
I fully agree with acpzed, you will have time red to get into the action. The only thing I question you on red, is why you want to go exclusively with options. I am going with the combination with 3x etfs and 12% options. With options, your timing has to be perfect. Which most traders are usually wrong.
Here it is…
http://reddragonleo.com/wp-content/uploads/simpson-nuclear-explosion-clock-episode1.jpg
Could mean 11-6-11 or 11-9-11? Probably the 9th, since everything else points to that date.
What about that old Simpsons cartoon? Date on that one?
“So I felt that I was being influenced by all the negativity”
I think that’s wise. Not a lot of people can admit this to themselves.
One of the better tells is the UUP and FXE. UUP has a negative correlation with the indexes and FXE positive. Both are stuck in neutral territory as of Friday’s close. However, UUP is up against serious resistance in this area. I personally don’t short confirmed uptrends, which we have been in since early October and until the UUP breaks, one way or the other, I just don’t see a valid signal. Disclosure: long a few small cap growth stocks, which are breaking higher.
How did you find this out? By one buyer?
Don’t see how this could possibly be bullish, but hey, in this crazy world, anything is possible. Seems very overt them doing this to ordinary folks and then putting out a movie called margin call a week later. Makes me certainly less interested in hearing about the efforts of the white dragons.
Yeah, options take so DAMN much management…
Well either way red, you will win. I am more than sure that every one will gladly donate to your site after this coming blood bath, for all your effort and passion that you put into this site.
Just limited funds… I need a big bang, so options is my only choice.
I fully agree with acpzed, you will have time red to get into the action. The only thing I question you on red, is why you want to go exclusively with options. I am going with the combination with 3x etfs and 12% options. With options, your timing has to be perfect. Which most traders are usually wrong.