ok we now understand what you mean...
...probability order 1,2,3 ranking...
...#3 means SPY can go up to 182.50 and stop then go back down into correction again
...but if it is #1 then SPY go to new high then start serious correction
...if #2 then market SPY form a double top the begin a correction?
this can be funs
peeved, by mistake today we made trade accidentally bought a double Short ETF at almost the exact high on SPY today and we were about to cover it immediately cuz we wanted to be Long but the S&P 500 turned and went lower and one team member said hold it for a minute and the S&P 500 just kept slipping lower, then when the index went back to flat on the day and didn't slip anymore we covered and held our Long Entry from many days ago, we are Long the index but it is only 25% of our typical trade size, and from the looks of the night futures we are regretting the cover, but we may forced to exit long and go short tomorrow, we will see
looking like the #3 combo meal of... stop at 182.50 and reverse... it comes with fries, Long Fries that is, pun optional
are you saying new SPY High coming, then form a double top, then a sell off to 182.50, then go back up again... or could be make new high only then serious correction?
our biggest short in history made us fortunes... and guess which loser was on the other side... couldn't have happened to a nicer guy...
we made so much money on our biggest short in history other than silver that we could lose all our AAPL earnings trade and still come out beyond your wildest dream rich
cotex said long ago that S&P 500 will drop 50% and instead the market put in it's best performing year in history... yes folks it's the worst call ever made by yours truly the cotex... that cuz he always lost on all his trades... bets with his emotions rather than from solid thesis backed by facts... you kids are all free to kiss his feet and follow him on the penny stock board... his dysfunction was multiplied by a cheap state school in michigan... congrats you loser... and we've never called anyone a loser before cuz we think everyone is entitled to a comeback, but there is no hope for you
true, but there are no guarantees, so we took a calculated risk with call spread 570/590... it could have been much uglier had we just bought shares only or if we didn't write the safety 590's...
but either way we are back in the game and traded our way back to profit... AEA did same... they don't get mad, they get back
it's the Chalker!... we saw your post about PPM = Personal Printing Machine VXX and got that warm fuzzy feeling inside, we just had to have a piece of that pie, we couldn't let you take all the money pie!