ok, forget about the evil plan, the pullback is larger than the morning pullback. need watch the next few bars.
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here's a little bit bigger picture, the green line below must hold, otherwise bulls lost the initial battle, not a big deal but still worse than not losing.
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L_T wrote:Argh! I was going to take a tiny strangle position on GMCR yesterday but decided against it. Now it's up ONLY 21%+ in pre-market trading. Definitely would have been profitable, to the tune of 33% return overnight ha ha. Oh well I am at least learning exactly what I need to be looking for in these potential trades. Game on!
took a gmcr strangle and a small cmg strangle...
cmg was a snooze.
Dude salt in my wound . Hopefully you covered your loss on CMG with GMCR. Looking back I think it was pretty obvious that GMCR would move big given the issues surrounding their last earnings release although I wouldn't have wanted to guess WHICH direction.
not enough salt. i want to add some pepper.
i yelled gmcr er around 3:45 yesterday. nobody paid attention i guess. the option pattern at that time was super bullish. it was pointing at 60. 55-60 was 1.7-1.8 at that time. if close above 60 tomorrow, it will worth 5. since i "learned a lesson" from amzn, i bot a more conservative combo. make less but still good gain.
The goal is not uniformity. It is understanding and idea exchange.
L_T wrote:Argh! I was going to take a tiny strangle position on GMCR yesterday but decided against it. Now it's up ONLY 21%+ in pre-market trading. Definitely would have been profitable, to the tune of 33% return overnight ha ha. Oh well I am at least learning exactly what I need to be looking for in these potential trades. Game on!
took a gmcr strangle and a small cmg strangle...
cmg was a snooze.
Dude salt in my wound . Hopefully you covered your loss on CMG with GMCR. Looking back I think it was pretty obvious that GMCR would move big given the issues surrounding their last earnings release although I wouldn't have wanted to guess WHICH direction.
not enough salt. i want to add some pepper.
i yelled gmcr er around 3:45 yesterday. nobody paid attention i guess. the option pattern at that time was super bullish. it was pointing at 60. 55-60 was 1.7-1.8 at that time. if close above 60 tomorrow, it will worth 5. since i "learned a lesson" from amzn, i bot a more conservative combo. make less but still good gain.
KENA wrote:Nothing has been indicated on this blog but during this up move the 200dma still is pointing in a downward slope.This is a mkt neg.Watch for change or continue dn.
i believe i mentioned that when discussing the quality of the golden cross happened on the day before. anyway the golden cross is for real now. if the dumb bull market comes back like 2009, it is very hard to trade.
The goal is not uniformity. It is understanding and idea exchange.
waverider wrote:How are the Italian debt auctions going? How much more do they have to sell, and who's going to buy it?
Wavyroller
How about Wolfgang?
Germany: no public contribution to Greek haircut
6 minutes ago
“Germany's finance minister says he sees no need for a public-sector contribution to cutting Greece's debt load as Athens works to reach a deal with its private creditors. Wolfgang Schaeuble said in an interview … that public creditors "are the taxpayers in other European countries, and I can't see that our contribution so far to tackling the problems in Greece is too small." He added: "So I don't need any extra contributions from the public sector; we're carrying everything anyway." Schaeuble didn't address a discovery by Greece's international debt inspectors that the country needs an extra euro15 billion ($20 billion) on top of the private-sector released and a planned second bailout…”
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
es need to dip to 1318 area. breach overnight low of 1317 (also daily pivot) will be bearish.
today is another sit on hand day for me. not sure what to do then just do nothing. ciao
The goal is not uniformity. It is understanding and idea exchange.
L_T wrote:Argh! I was going to take a tiny strangle position on GMCR yesterday but decided against it. Now it's up ONLY 21%+ in pre-market trading. Definitely would have been profitable, to the tune of 33% return overnight ha ha. Oh well I am at least learning exactly what I need to be looking for in these potential trades. Game on!
took a gmcr strangle and a small cmg strangle...
cmg was a snooze.
Dude salt in my wound . Hopefully you covered your loss on CMG with GMCR. Looking back I think it was pretty obvious that GMCR would move big given the issues surrounding their last earnings release although I wouldn't have wanted to guess WHICH direction.
not enough salt. i want to add some pepper.
i yelled gmcr er around 3:45 yesterday. nobody paid attention i guess. the option pattern at that time was super bullish. it was pointing at 60. 55-60 was 1.7-1.8 at that time. if close above 60 tomorrow, it will worth 5. since i "learned a lesson" from amzn, i bot a more conservative combo. make less but still good gain.
Geez help us out a bit next time and be more forceful! Use the "Paging XXXXX" thing that some people here use. I notice those
waverider wrote:How are the Italian debt auctions going? How much more do they have to sell, and who's going to buy it?
Printing, I wish I can print cash I will never work again, I think that's what uncle Ben is doing, why work for money when you can just print it. common sense ha?
My comments are for entertainment/educational purpose only. NOT a trade advice.
soku wrote:es need to dip to 1318 area. breach overnight low of 1317 (also daily pivot) will be bearish.
today is another sit on hand day for me. not sure what to do then just do nothing. ciao
as they say on the street, this week has been a waste of clean shirts and cab fair...
waverider wrote:How are the Italian debt auctions going? How much more do they have to sell, and who's going to buy it?
Printing, I wish I can print cash I will never work again, I think that's what uncle Ben is doing, why work for money when you can just print it. common sense ha?
that's why eventually, growing potato is the only way to survive because no one would care to work.
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so far the rebound is weak, looks like a bear flag.
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Cobra wrote:so far the rebound is weak, looks like a bear flag.
i am going all in long...
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