RE: 6/14/17 SPY, QQQ, IWM update
I didn actually play that IWM trade as there was no need to hedge a Q's short with a long. I was just posting the buy signal in "hopes" it would rally I guess. I'm kind of personally "trapped" into playing a VIX trade on a short term basis as my mistake at teh last high was waiting for an actual sell signal to set off that short term ass kicking. The Q's "shud be" a safe bet via the Sept 130 puts on the coming sell signal. I'll post that trade against teh guy who is just "guessing." I'm playing teh high payoff odds only. The SLV n GDX trades "should be" nice trades also but both can still fukk each other up like UVXY did today with the gapdown. Somewhere in the past I gave ya low end target for UVXY...belowst $9. It "might" just gt hit before complete crash and burn in the markets. You "shoulda" waited and not gone nutso. The idear is to place a very small bet for a big gain. What did the person who bought $100 DRYShits at 1.79 lose so far? What you waste on commish costs jumping in and out...that's what. :-)
Still not seeing the jaw dropping shock and awe you been predicking for 14 months now. Actually had you just gone long back then on those there FANG stocks...you'd be rich. remember you said FB topped 121 and hated it at 115
Actually, since I only play options predominantly call contracts on the FANGs would most definitely been at a huge premium on the FANGs so not worth the effort imo. Premiums are still too high but as soon as I finish off with the RUT I might give em a looksee. I'm still waiting for SIRI to trade above 5.57 as a new longer term short. I'm gonna take out Warren "the" Buffoon and Howard Sternum with the very first pullback. :-) Btw, any doubt in your mind now that UVXY "might" trade into the $8's like I said "might" happen? You were scratching your golden NUGeTs if you were overcome with anticipation. But at least it didn't turn into a complete ass whoopin this time. Look how much I saved you on DRYShits just in the last week! If you wuz trading it on your own you would have bot at least 4 times so far. :-)