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TraderJoe wrote:Fehro, I think we made a good decision in holding the puts and you going long gold..
Thanks.. went short the SPY, long VXX and had shorts on OIL, IBB,.. but short on GLD .. not huge positions.. but wrong on that.. was expecting the dollar to pop.. which it did.. but gold went up too.. overall good.. but the GLD options expiring worthless this am.. and a few further out.. not so good… but not huge positions small.
The difficulty in making estimates for today is that one is guessing the govt buy/manipulation prgs not the market.
I would expect a push up then down and a zig-zag down with a downday FE:SE
With this strong caveat here is today's
2028.25 = mid
H/L est
2048.75
2007.50
41.25 = dif
I have reduced my range from the autoestimates from 69.50 to the 41
DDAuto Est:
2161.75
2092.25
69.50
2127.00
GLTA
Don't forget there is still next week for selling and Friday is Crooks' Day !
Educational only and not trading advice (EO&NTA) Good trading to all
too stretched on the downside, so should be a rebound first then we'll see.
Attachments
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Tried to put in some scalping trades but I found that the order entry/execution is very laggy and prices are hard to get.
Did a market order and it came back way off from where I thought (though I managed to make $200)
I'll probably see y'all on Monday.
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