No different than the SELLOFF, what changed from Dec. 31st to now quarter point on fed is all of a sudden causing a RECESSION, I believe not.
Another new high right into the close, the boys said till todays close, but I will hold for higher prices on Tuesday Feb17th, GLTA
that is even at 184.95 in the nest hour, and believe it or not people will wast thousands thinking that the spy will close below 185 in the next hour.
and the beat goes on, just thought you might want to know the odds.
This is some of the best info you will get anywhere at any time from anyone, it is time tested and it works, and the price is always free with me, just trying to enlighten all the traders. GLTA
if you can afford it, which most can't, all of my best option trades if you must trade options is selling both short dated PUTS and CALLS and than watching the thieves drain the premium every hour before expiration, case in point I sold 185 puts earlier today at $110, they are now trading at $0.10, got to love that premium DRAIN. GLTA
I've been trading longer than that, I want to see 2 quarters with negative growth before I make that call right now we have not seen 1 quarter with negative growth my friend.
Hope you boys got on board, deep pockets wins again. GLTA
The longs have already sold over the last 500 points down on the DOW.
Not sure if this is a BEAR market yet, everybody was asking for a 10% correction for the last 5 years, we finally get the correction and people jump to Bear Market, I for one need for data, thats all, although I agree with you that a multitude of stocks are in a bear market.
I'am 100% long, I don't think the Chinese market implodes, quite to the contrary I believe by Tuesday it will be stable and we will have another gap to the upside in our market, after the first hour or so Tuesday all bets are off.
Because just like the long crowd they are nervous over a long weekend , plus the markets are a bit oversold, and the BIG surprise come Sunday night is the Chinese selloff does not happen and Tuesday our markets gap up at the open, plus they have huge profits that they need to book, hope this is helpful.