|
Post by huh on Oct 20, 2014 13:03:18 GMT -5
I think we'll see confirmation for iH&S' in both QQQ and SPX (10 minute charts) ... QQQ upside target ~97.55 (QQQ already confirmed) SPX upside target ~1977.25 But then they'll both likely fail before EOD. That's why the close is so important today. ...SPX now confirmed (I give it ~12 minutes to HOD - ~2:15)
|
|
|
Post by huh on Oct 20, 2014 13:17:48 GMT -5
Looks as if my timing will be off (surprise! surprise!) I expected a few more points than that.
|
|
|
Post by crumbdon on Oct 20, 2014 14:04:21 GMT -5
Price action *feels* different today.
Happier.
Less fearful.
Like maybe the squeeze is on.
|
|
|
Post by crumbdon on Oct 20, 2014 14:09:40 GMT -5
If it closes over SPY 190, I'm gonna say squeeze for 2 or 3 days.
|
|
|
Post by huh on Oct 20, 2014 14:20:07 GMT -5
Price action *feels* different today... I agree. Long UVXY 36.86.
|
|
|
Post by walnut on Oct 20, 2014 14:25:54 GMT -5
Wonder if I just found an excellent market hedge. Looking forward to investigating it tonight.
|
|
|
Post by huh on Oct 20, 2014 14:30:47 GMT -5
Wonder if I just found an excellent market hedge. Looking forward to investigating it tonight. Be sure to let us know if it works (but put it in the lounge JIC)
|
|
|
Post by walnut on Oct 20, 2014 14:36:42 GMT -5
yes lounge no GS bots permitted
|
|
|
Post by huh on Oct 20, 2014 14:37:32 GMT -5
yes lounge no GS bots permitted Unless they're a member. And they probably are. Isn't that right, Dino...? LOL
|
|
|
Post by huh on Oct 20, 2014 14:53:47 GMT -5
Ouch. Walked away for a bit and when I came back, walked right into some body blows. Thought we'd see at least a little sell off into EOD.
|
|
|
Post by huh on Oct 20, 2014 15:00:37 GMT -5
Added UVXY at 35.50, avg. 36.16.
|
|
|
Post by huh on Oct 20, 2014 15:02:02 GMT -5
If AAPL were to somehow disappoint, downside target would be under 91.00. So I wouldn't buy it at 92.00 (and I wouldn't start buying it right away at 91.00 either).
|
|
|
Post by crumbdon on Oct 20, 2014 15:07:29 GMT -5
Any chance today wad just a ginormous bull trap??*?**??
|
|
|
Post by huh on Oct 20, 2014 19:42:54 GMT -5
Appears as if even one of the most followed traders/posters on ST can become emotionally attached to a stock: EMERGENCY ASSHAT AWARD: COLLIN GILLIS [re: Collin's comments on AAPL] Funny though.
|
|
|
Post by clinton on Oct 20, 2014 20:54:45 GMT -5
Any chance today wad just a ginormous bull trap??*?**?? magic obv eight ball says NO Attachments:
|
|