I think blogger has been reset. Let’s try again.
Well how does it look now?
I don’t like this threading format as much as the linear.
How many times must one lose money shorting before they learn their lesson? Play the safer less volatile dollar long trade instead.
Was it $1640 I said?
First time that Nasdaq is going below 2635 in weeks! Maybe we are seeing the light at the end of the tunnel, SF, what do you think?
Just sold the 5 GLD $165 Weekly Puts at $1.12 (I bought at $1.03 last Friday) with very little profits. Shorting is not easy for sure.
I have to say that the European markets are holding pretty well by comparison….
waiting for Greece??
I called a top in apple 2 weeks ago at approx 520. My system isn’t perfect and that call was clearly early (it happens a certain % of the time cause the metrics I use are somewhat subjective).
The top was today, in my opinion, however.It is rare that a 2nd call is wrong, but to each their own. Just saying for what it is worth.
(I’m not shorting cause I find it hard to make money shorting. But I’d sell 100% if I was long. Of course I would already be out from my earlier call.)
If apple peaked, then (as the market darling) the overall market might have also. Which would mean vix heading higher and, I guess, dollar. Which would also mean metal weakness as well.
So I guess things have all lined up pretty well.
LOVE the new commenting blank on the same page as original (and once you comment the post shows up and you don’t have to scroll.)
Way to go gary/gurvir! See…I KNEW you could do it.🙂
I’d rather stand aside than short. The broad equity trend is still up, and even the swing trend is still intact for now. Pullbacks are normal in trends. If we make a “lower low” on the $SPX, then I’ll consider a short hedge, but until then I’ll look at the dips as potential swing long entries.
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