29 Comments

yes its coming nasdaq trin nearly hit 3/ 2 days ago, its coming...

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Yes Sir, Pullback coming soon and markets seem to be loosing steam.

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i hope it starts losing steam! i have puts...

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I'm not so sure. Maybe : maybe : Dow will go down about 900 points to 29000 and than up up up. If not it goes up up up directly. Just my 50 cents. Am still Dow long and looking for a good moment to switch my Optionsscheine in new ones with more time and higher basics.

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why do you think just up and up and up?

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Because i have a target > 50.000 in Dow in longterm and I am expecting an enormous upmove soon.

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Fed pouring BILLIONS everyday into stocks and bonds to keep the markets up maybe??? Markets acting like a sleepy summer day when everyone is at the beach??? Not normal this time of year??? I think we will see some profit taking soon, and if THE FED doesn't jump in and buy all the sell off the markets should pull back.

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think correction in Dow for today ended. up again.

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I'm all in on Calls and LOVING IT! Hahahahahahahaaaa!

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Thank you!

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If don't want to sell long positions but want to protect profits would taking a hedge position here be good to do?

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no.

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Glad I did hedge with SPY and IWM puts this morning, and just saw GM did same thing with SPY puts even though I think he sold too soon right before close today as I believe there is probably more follow through to the downside coming next two days.

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So you are still holding the hedge?

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Congratulations.

I did not hedged my Dow positions. Am still long. As I said it's possible that Dow loses about 900 points, down to 29000. Than up up up or directly up up up without seeing the 29000. In 95 of 100 cases I would take profit instead of hedging a profitable long position with a put option. Or I add to my position, in this case @ about 29000. In sum it will be the same or be better than hedging my position I think.

> 30,000 I will decide to sell or to hold my dow calls. So at the moment I'm just sitting on my ass, relax and wait.

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When I hedge I do it very ST using SPXS, SQQQ and sometimes with TZA like when R2K is too far away from home base yesterday (20dma). I did hold overnight but closed all of them this morning. Had a nice ST gain with them but still have my LT core positions that I don't want to sell unless trend changes to downside.

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and volusd

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imo $aapl is the canary in coal mine watch that. or trin

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you think aapl is only going up?

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what? No just watch $aapl its a good indicator for overall market. I would think we get a pull back in $aapl Im still thinking 95 range thats just me.

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sell and take the money imo,

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Im selling current positions. I own regular stocks and ive been green since November third. Cant go on like this.

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talk of a digital dollar is stupid im trading everyday in milliseconds..no cash lol

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Today I’m buying Yuanpay. Of course I’m going to hold it long.

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Juan nevers pays you pay him...

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Today was the day I sold my 70 contacts on RTX

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contracts lol

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