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koolblue
Rep: 48,651
Posts: 16,032
Well, here we are exactly where we are supposed to be. As per my posts the last several weeks i expected a panic low around the 15th, 1210-1211 or the other number i gave 1177. im long 2 es at 1177 and holding over nite. The news all day was horrible , even scary. the vix got over 30, and my downside number has been achieved. I went 100% my 401k at the close today.Is this a significant bottom? ALLthe pieces seem in place, but a rate cut by the fed would help. Time will tell.
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koolblue
Rep: 48,651
Posts: 16,032
but i was coming off a huge profit from my options trade, i felt it was worth the risk. I believe the price low gets made today, and we recover into the end of OCT. or early Nov.
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koolblue
Rep: 48,651
Posts: 16,032
Hoping for 1280.25, then 1283-85 on this trade.
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koolblue
Rep: 48,651
Posts: 16,032
going to bail soon, think were going to 1266 area.
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koolblue
Rep: 48,651
Posts: 16,032
out at 1274.00, sorry for the delay ... planning out an option play for later. looking to buy 1263-66 area
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koolblue
Rep: 48,651
Posts: 16,032
buying 2@ 1163.50
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koolblue
Rep: 48,651
Posts: 16,032
dam, missed it so far....
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BruceM
Rep: 216,211
Posts: 19,895
I have longs working from 80.50 and 69.25....looking for a snap back based on 90% days so this has a time stop of 4 days maximum or my 1210 target....
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koolblue
Rep: 48,651
Posts: 16,032
selling 2
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koolblue
Rep: 48,651
Posts: 16,032
short 2 @1282.00, 3 point stop
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koolblue
Rep: 48,651
Posts: 16,032
stopped out ...up 21 today
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koolblue
Rep: 48,651
Posts: 16,032
Hit 1217 exactly as it should have, gotta go 2 work, see ya manana!