Yesiree Red! When all of this is said and done, you, me and gere should get together and celebrate (if we do actually get lucky) since we all live in Florida!
Yes, I don't know how I became so cynical but evidence of late has made me even more so. Funny – a year ago, I was going door to door campaigning for Obama. My how I have changed! I think it is because I have two little ones and have always been fortunate that I am afraid of it all being taken away if I don't protect myself. Probably better to just enjoy the moment, but my brain doesn't work that way!
Could be and thanks. I guess it doesn't matter as I am hanging onto my positions. I did close out the 26 may vix calls a little earlier. Still have the may 24 vix calls and the may (just the 114s) and june spy puts.
I believe this up move will last until 3pm (maybe 3:30?), and then the 15 minute chart should roll back over to the downside. The 60 is still looking like it wants to turn back up, but hasn't yet.
That leaves us with a possible flat close, from the high that the 15 minute chart puts in. That's only if the 60 rolls back up and props up the 15 while it rolls back down? We could sell off into the close, if the 60 doesn't roll back up to support the 15?
Remember, the daily is still pointing down, and putting all this overhead pressure on the market. So is the weekly right now too. If we don't sell off into the close, then I think tomorrow is more likely to go sideways while the 60 rolls up and back down.
It's really about the 60 minute chart, from what I can see. It can see go lower… but again, it could turn up sharply at any time.
LOL…. me too! Let's wait until it works.
But I am counting my eggs before they hatch and that is always dangerous!
Definitely!
And don't forget Anna too, as she lives in Tampa.
Yesiree Red! When all of this is said and done, you, me and gere should get together and celebrate (if we do actually get lucky) since we all live in Florida!
The 113.00 level was good support going down… now it's resistance.
seems to be a real fight between the bulls and bears. Back and forth between these two lines.
Yes, I don't know how I became so cynical but evidence of late has made me even more so. Funny – a year ago, I was going door to door campaigning for Obama. My how I have changed! I think it is because I have two little ones and have always been fortunate that I am afraid of it all being taken away if I don't protect myself. Probably better to just enjoy the moment, but my brain doesn't work that way!
Could be and thanks. I guess it doesn't matter as I am hanging onto my positions. I did close out the 26 may vix calls a little earlier. Still have the may 24 vix calls and the may (just the 114s) and june spy puts.
I believe this up move will last until 3pm (maybe 3:30?), and then the 15 minute chart should roll back over to the downside. The 60 is still looking like it wants to turn back up, but hasn't yet.
That leaves us with a possible flat close, from the high that the 15 minute chart puts in. That's only if the 60 rolls back up and props up the 15 while it rolls back down? We could sell off into the close, if the 60 doesn't roll back up to support the 15?
Remember, the daily is still pointing down, and putting all this overhead pressure on the market. So is the weekly right now too. If we don't sell off into the close, then I think tomorrow is more likely to go sideways while the 60 rolls up and back down.
It's really about the 60 minute chart, from what I can see. It can see go lower… but again, it could turn up sharply at any time.