quote:Originally posted by Happy Valley: Hoping for one more SPY pump to $188's by Q end to load May/June puts...Sell in May comes early this year JMO...
Just a thought that we set new highs first.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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quote:Originally posted by Happy Valley: Hoping for one more SPY pump to $188's by Q end to load May/June puts...Sell in May comes early this year JMO...
Just a thought that we set new highs first.
Nothing would make me happier Boo...Put premiums would be stupid cheap and I would love a shot to get short size in SPY, Q's and IWM after the big boys have distributed onto overly margined longs into new highs.
Just trading what I see for now, not marrying anything. Until I see real volume bars in the morning pumps, I will continue to short every pop until it does not work anymore. IBB and the momo tech names have been an excellent guage to trade this market the last two weeks. When these stocks have dumped, the indexes have followed...GLTY
Posts: 2383 | Registered: Apr 2006
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quote:Originally posted by Happy Valley: Q's @ 86.89 LOD. Look @ IBB and IWM today, speculative momo has left the building...Short every one of these low volume morning pump jobs in the Q's and SPY...jmo
Just saw this. Added IBB and XLB to my watch list a couple weeks ago to help me monitor my funds for my retirement. Did look like a nice bounce coming this week.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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quote:Originally posted by Happy Valley: Q's @ 86.89 LOD. Look @ IBB and IWM today, speculative momo has left the building...Short every one of these low volume morning pump jobs in the Q's and SPY...jmo
Just saw this. Added IBB and XLB to my watch list a couple weeks ago to help me monitor my funds for my retirement. Did look like a nice bounce coming this week.
oops XLB was supposed to be XBI.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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quote:Originally posted by Happy Valley: Hoping for one more SPY pump to $188's by Q end to load May/June puts...Sell in May comes early this year JMO...
Just a thought that we set new highs first.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
quote:Originally posted by Happy Valley: Hoping for one more SPY pump to $188's by Q end to load May/June puts...Sell in May comes early this year JMO...
Just a thought that we set new highs first.
Very nice Boo... Great start to the week for bulls
Just can't bring myself to get long this low volume melt up...Started adding back shorts today, sticking with the Q's for now. Love the liquidity and it's one of the cheapest ways to obtain exposure to all the high beta names IMO.
Posts: 2383 | Registered: Apr 2006
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posted
Q's @ March lows $86.40's. Long calls here with a tight stop...If this junk has a short term bounce in it, this is where it will be...
Posts: 2383 | Registered: Apr 2006
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quote:Originally posted by Happy Valley: Hoping for one more SPY pump to $188's by Q end to load May/June puts...Sell in May comes early this year JMO...
Just a thought that we set new highs first.
Very nice Boo... Great start to the week for bulls
Just can't bring myself to get long this low volume melt up...Started adding back shorts today, sticking with the Q's for now. Love the liquidity and it's one of the cheapest ways to obtain exposure to all the high beta names IMO.
Good call for you too. DOW held the trend line from February's dip so we'll see. Futures at close Friday say we're still headed lower.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
Adding calls in the Q's...IBB and the momo tech names reversing off the days lows. VIX making a complete U-turn the last hour...
Posts: 2383 | Registered: Apr 2006
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quote:Originally posted by Happy Valley: Adding calls in the Q's...IBB and the momo tech names reversing off the days lows. VIX making a complete U-turn the last hour...
Momo tech names bouncing hard today...Q's @ HOD, needs a clean break of 86.60's to really get rolling. jmo
Posts: 2383 | Registered: Apr 2006
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quote:Originally posted by Happy Valley: Adding calls in the Q's...IBB and the momo tech names reversing off the days lows. VIX making a complete U-turn the last hour...
Momo tech names bouncing hard today...Q's @ HOD, needs a clean break of 86.60's to really get rolling. jmo
Out here 86.40's for solid gains...Not gonna get greedy in this market. Will look for re-entry...
Posts: 2383 | Registered: Apr 2006
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-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
SPY @ 184.70's. Out all puts...What an incredible market this is to trade...Enjoy it while it lasts GLTYA ...
Posts: 2383 | Registered: Apr 2006
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quote:Originally posted by Happy Valley: Long next week expiry puts in the Q's...$96.50's @ .88
Q's @ LOD. Puts @ $1.10's...
Bios and small caps being sold again today, IWM (Russell) is fighting to keep it's head above the 50day. Very telling, be nimble longs jmo...
Posts: 2383 | Registered: Apr 2006
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quote:Originally posted by Happy Valley: Long WDC Puts...Aug $100's @ $3.55...
$98 handle hitting...Puts @ $4.30's
After SNDK last night, longs better hope STX delivers tonight or this gets throttled in the morning...JMO
Posts: 2383 | Registered: Apr 2006
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