No, remember this is a numbers game. With less than 1% probability the $SPX prints 875.01, you're most likely going to get left high & dry. Should we print 875.01 we would have a uni-directional move to 1097. I have less capital committed to orders @ 875.01 but because of the exponential function it would be the most profitable tier.
charts say no…but then…
Very happy now Newbear… but worried about others too.
yes it is…..definitely below 200ma
Anyone thinking about technical 10% correction bounce, then down
Showtime!
Got it. Thanks.
No, remember this is a numbers game.
With less than 1% probability the $SPX prints 875.01, you're most likely going to get left high & dry.
Should we print 875.01 we would have a uni-directional move to 1097.
I have less capital committed to orders @ 875.01 but because of the exponential function it would be the most profitable tier.
nice gap down opening, happy red?
I am always nervous about futures. The moving averages are aligned down in a furious way even with yesterdays lull.
If sp gets below 1100 this am I am thinking we have a major drop possibly straight to the Feb lows of 1044.
I will not go long until averages align to the upside. who knows where this wave ends??
That's where I'm at. Today I'm about 6% options, which is heavy. Usually it's just a couple % for a play.
I haven't held stock for more than a month. Just been playing options, and appreciate the leverage and risk management.