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Back In Slovenia
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Back In Slovenia

by The MoleMay 23, 2019

So we are back in Slovenia after a short stint into Austria. Originally we were planning on spending the remainder of our time in Corinthia but ended up changing plans after realizing that the apartment we had rented was in a very noisy part of town with incessant street traffic. Plus half my family was in bed fighting some nasty flu – not something we wanted to risk catching while on vacation.

Fortunately our apartment’s host was more than accommodating and reimbursed us the remainder of our rental fee. And due to the crappy weather a lot of rental properties in Slovenia were still available and so were off heading back from whence we came.

Of course we could have stayed in Austria but to be honest in the two days we were there both my wife and I had completely fallen in love with Slovenia. It’s actually a bit more mountainous than the Southern part of Austria where I grew up as a young kid.

To give you an idea: Both pictures above were taken right in front of the bed & breakfast we ended up renting. Basically this is how almost all of Slovenia looks like. And as someone who grew up on the other side of the Julian Alps it pains me to admit that Slovenia is slightly more beautiful than the South of Austria – at least these days.

The entire country looks like as if God once had a really good day went to work and said ‘Alrighty, I’m Going All In Today!’ And it shows – everywhere you go it looks like the place was scrubbed and manicured by little elves overnight.

The people here are extremely nice as well, in a Slavic sort of way which may not be apparent to the average American due to cultural differences. Not very smiley but if you try to speak a few words of Slovenian they literally turn on a dime and are most accommodating.

Here’s a night shot I took of the castle at Lake Bled during a stroll I took with my wife (I used her head as a tripod). We both literally felt like we had traveled back in time 100 years. The tranquility we feel here is something that has been sorely missed living in noisy Valencia.

If we spoke Slovenian we would seriously consider retirement here, this is how much we love it. The property prices we saw near various tourist traps are a bit elevated but I’m sure that if you spend a few months here and get the lay of the land you can find a perfect little house in paradise for a fraction of what you’d pay back in the U.S.

The picture above was actually taken back in Austria. It is the little park near our old house I used to play in as a young child. We were there two years ago and in the interim it’s become really downtrodden as nobody seems to maintain it any longer.

That was actually one of the other reasons we decided to leave Corinthia. Having just come from Slovenia we noticed quite a stark difference between the two countries. While Slovenia looked extremely clean and well taken care of at least the town I grew up in has gradually turned into a hollow shell of its former self.

The old building we used to live in has been abandoned and is falling apart. Which is a real shame as it’s actually over 400 years old and was officially listed as an Austrian heritage building. The big yard and garden in which I used to plant flowers and juicy carrots has been turned into a big parking lot for the hospital right in front of it.

There used to be a bunch of cranberry bushes right around the property and of course they are long gone. The old hazelnut tree I was raiding during autumn as a kid has been cut as well – it actually still was there two years ago so it really pained me to see that.

The old butcher where I used to buy myself a Leberwurstsemmel (look it up) has long been gone, most likely the former owner died and after that the building was abandoned. The Spar market near our house is gone where we used to shop, the old coffee place in the city center where we used to grab a ‘Kaffee mit Schlagobers’ is gone as well.

I drove my wife up to the swimming pool where I learned how to swim when I was only six years old. And guess what – yes, it’s been abandoned as well and is now a private property that looks downtrodden and unused. Almost every single place I remember as a kid is now gone or has been replaced by some tourist trap.

We saw a lot of Ali G. types with souped up Hondas or GTIs pretending to be in town from South Compton, which gave us a chuckle. I asked one of the guys if he ‘was packing’ but obviously he didn’t get the joke.

Moving On

I could go on and on but I think you now get the real reason why we decided to leave. The old place I grew up in simply does not exist anymore, it is now nothing but a fading memory shared by an older generation. What remains are just the buildings but even those look badly maintained and ready to be replaced by some architectural monstrosity dreamed up by some architect with a vengeance for a vision.

And that finally brings me to this week’s life lesson – which I believe also applies to us as traders as well:

You cannot ever go back from where you come from. Change, in particular in the 21st century, is the only constant we can rely on. It touches every facet of our life, our environment, and in the end it also touches us physically and mentally as well as we transform from young exuberant optimists into whatever you see in your mirror in the morning.

As traders we slowly transform in terms of our skills and abilities but also in regards to our aspirations and financial needs. Chasing penny stocks or betting big on anticipated break out moves is something that may be justifiable as a youngster with a Β $20k account but it’s not a risk you want to take when heading into retirement.

And finally – nothing is eternal and in the end entropy and time will make its claim. A really good analogy is the theta burn of an options contract which is almost imperceptible in the first few months but then accelerates rapidly until finally there’s nothing left.

This may all sound a bit pessimistic but the aim of my post is the exact opposite. Remember, instead of bitching and complaining we simply turned around and went to a place that still resembles the one I grew up in. People seem very happy here and grounded in Slovenia, and despite the language barrier this is were we feel at home.

 

 


About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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  • http://gerb-reloaded.blogspot.com Gold_Gerb

    ..glad you’re having a good time Mole. Relax some more, the Market can wait.
    https://www.youtube.com/watch?v=syMhJMmGEIc

    I’ve been saving this song. Slavic!

  • http://www.captainboom.com/ captainboom

    Reminds me of something I saw in the Reader’s Digest a million years ago:

    The Nine Ages of Man

    Not old enough to know better
    Old enough to know better
    Not old enough to know
    Old enough to know
    Not old enough
    Old enough
    Not old
    Old
    Not

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Premarket.
    It would be nice to see a Big Puke down to 2800 today.
    Thursday *are* big movers after all.
    I also count, ah ah ah ah, 5 days of overhead bagholders. (wankers!)

    But Julie said they don’t scare the herd before the Holiday.
    maybe a slip down to 2820 and then bounce?

    -GG
    https://uploads.disquscdn.com/images/c5900eaf30852dd8f913cbd5e434b6ff6423c5b834556d030a0e18d0fd1a71ae.png

  • http://iberianviews.blogspot.com/ catracho

    Or scare the herd and give some crumbs to the bears – for a nice turn around Tuesday !

  • http://iberianviews.blogspot.com/ catracho
  • HD

    Mole, really enjoyed the blog today. Pictures are incredible. A place I’ll put on our list to go to.
    Change is constant. Enjoy the rest of your time.

  • http://iberianviews.blogspot.com/ catracho

    markets close to some key levels..NDX100 7270/5 DOW broke 25550 – 25300/25120
    Dax testing trend channel support which prior touches have led to strong rally, apart from last rally – failed to make a new high in the channel but this is second touch in less time –

  • Dyellowflash

    closed all my shorts. Pretty good stuffs – 40 ES points from last NYSE close to this NYSE first 10mins. Love the irony that all good things r done and over with while mkt is never opened.

  • Dyellowflash

    something is not right. the zero hrly is not moving at all. might have to go long…

  • HD

    It’s a good thing the VIX was so “weak” yesterday, totally giving a heads up to a 1% gap down today….. :sarcasm:

  • Sp00nman

    Nice blog post sir Mole. I love the pictures and like you said it’s important to embrace change rather than fight it. It’s easy to get comfortable and complacent. Have a good trip!

  • Sp00nman

    I don’t think the VIX signals anything from day to day, but intraday it can affect things imo.

  • HD

    The triangle idea lasted less than 1 day…. The lowest odds pattern in EW

  • Darkthirty

    Green close? Noticed a lot of gaps below, maybe get that 2730 today

  • BobbyLow

    Most of the time the VIX is worthless as teats on a bull.

  • BobbyLow

    Great post Mole and it looks like you’re in a beautiful place. Enjoy! πŸ™‚

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    2821, if we can push just a little deeper. churn that butter before Europe closes.

    oh yes, it’s the Holy Grail chart.

    https://uploads.disquscdn.com/images/7ae7c1aaab599158bc9b8d5c5b2fd963c0ea20e52873d997c5fabd8c41123a2d.png

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • nirav777
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    bounce at 2815. not surprising. I had a hunch? or a good envelope band.
    πŸ˜‰

  • Dyellowflash

    i saw a possible opening to short, so short first and see how it goes, risking 1/2R here. Dow 25680s with an SL at 25706

  • Dyellowflash

    Might be looking for opportunity to go long if this gets SL out and zero still favors the upside.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I’d thought you’d be asleep. Isn’t it like Singapore 3am SAturday over there?
    LOL.

  • Dyellowflash

    zero 5m is flatline during that up move. It doesnt mean anything bearish, but i will short on a first solid red candle upon seeing that pattern shows up. This is be easily negated if market makes 1-2 bigger green candles than the red one that I used to short or price can just pump up and hold above that red candle. Then I will go long at opportunity. I am a pattern trader. This is what I meant when I said that.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    you don’t have to explain to me.
    0 means ‘zero’. Neutral. Every trader has their plan & lens.

  • Dyellowflash

    nope, just explaining in case anyone follows my trades. The shorts i made last session 30mins b4 mkt closed was a real trade that I really must take. This is now just a cheap shot when someone opens a gap to exploit, usu a fake move to pull in bears. But still, a set-up is right until proven wrong whatever the trader expects or feels.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    thanks to nirav (below) I can see the VWAP.

    never mess with VWAP.

  • Dyellowflash

    TP-ed 40% of my shorts. 20+ pts SL, 60+ pts profit. 3R. Why not? Rest 60% is on house money. Game on.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    awfully quiet in here.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    maybe it’s the gaping maw ready to swallow the Market Whole.
    [BPSPX]
    https://stockcharts.com/h-sc/ui?s=%24BPSPX&p=D&yr=2&mn=0&dy=0&id=p97494884192

  • http://www.captainboom.com/ captainboom

    What time frame are you trading?

  • http://www.captainboom.com/ captainboom

    That would be gaping.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Thank you captain Boom. don’t you have some mortar’s to pack?
    =P

  • http://www.captainboom.com/ captainboom

    Yeah. About to go work on the flip house. Don’t know when I’ll find the time to do fireworks.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    think of the children!

    Oooooooooo. Aaaaaaaaaah.

  • http://www.captainboom.com/ captainboom

    I am. I’m so damn far behind on this thing due to contractors not f’n showing up… DON’T GET ME GOING! lol

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    money talks, contractors walk. You’re going to have to up the $$$ to sweeten the pot.

  • BKXtoZERO

    just got up… he he he…..may be a Queen video kind of a day.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    “You’re just a poor boy.”

    https://www.youtube.com/watch?v=fJ9rUzIMcZQ

  • Julie 35 – 25 – 36

    Firing on all cylinders SPX short ; EXAS short ; SLV long and $COTTON (BALand JJS) long
    JULIE

  • Dyellowflash

    5min for a scalp trade like the one above. Direction bias is neutral. Usu good for 1/4 of the previous move (mkt gap 40 pts down, so 1/4 of it is around 10 pts from 2828 to 2818, hence I Tp-ed 40% near 2819). I use 30m and 15m for a swing trade – these r trades where i will keep putting in a position whenever i can.

  • http://www.captainboom.com/ captainboom

    Next time I put deadlines with some teeth in them in the contract. Every day over the anticipated completion date will cost them money, not me.

  • Julie 35 – 25 – 36

    Chief Beautiful pictures and glad you are having a great time
    JULIE

  • Julie 35 – 25 – 36

    Captain Are they union or non union? ..big difference ..We have never had problems with union contractors always on time and did what they said they would do
    JULIE

  • Dyellowflash

    OK, this is funny. The moment that I tot my shorts are going to make a killing, I went to my platform and saw that all my trades were gone. I forgot I set a 5R automatic TP order yesterday on all the trades b4 i slept…

  • BKXtoZERO

    rough

  • HD

    I missed this move. completely didn’t see it and don’t feel like chasing before The holiday.

  • HD

    They snuck that wheat rally in while everyone was watching equities. Hope Jason was able to hold on.

  • Darkthirty

    And the punchline is “Don’t start that shit…” Sorry, “awfully dark in here” was the lead…………

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    ok ok. how about a nice mountain range? These guys don’t see many mountains.

  • Dyellowflash

    holiday is Tue right? Today is Thur, so there are 3 trading days to go??

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • BKXtoZERO

    Ooot TVIX 23.47 for the moment

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Karma, or Murphy.
    maybe both.
    LOL.

  • HD

    Pretty dangerous spot for SPX. EOM rally on deck or tweets and selling. No edge IMO.

  • Julie 35 – 25 – 36

    HD .. One item with $VIX that you must watch closely .. $VIX bollinger band sell signal that I and the Chief use (just one tool in tool box) must have an increase in NYSE DOWN VOLUME If not be careful Also must cross 10 ema and 20 sma Many times the sell signal does not have an increase in NYSE Down Volume
    JULIE

  • Darkthirty

    Bout time to wipe it on the curtain….

  • Sp00nman

    Ya you don’t have to tell me about contractors. We are building a house and talk about a pita. Many contractors these days are very busy and tend to do sloppy work.

  • Darkthirty

    How’d that happen? You were on it yesterday, I thought

  • Darkthirty

    How much roof have you got?

  • Darkthirty

    PBBBFFFTTT! I make killer $ repairing union jobs!

  • HD

    I don’t see it. It lags. Just my lens. I trade /VX every now and then and base those trades on the SPX. Unless you trade It like BK I’d be careful with VIX.

  • HD

    Monday.

  • Julie 35 – 25 – 36

    HD Not only wheat Also soybeans ; cotton and sugar
    JULIE

  • Darkthirty

    That’s what I’m thinking…The rally oughta be a money maker!

  • Julie 35 – 25 – 36

    HD I do not trade $VIX just use it as a gauge
    JULIE

  • Julie 35 – 25 – 36

    HD This correction going down to 2650
    JULIE

  • HD

    I’m not gonna be first in line. Lol.

  • Mark Shinnick

    Vol measuring objective is above local highs since May 15.

  • Julie 35 – 25 – 36

    Anyone nail the oil short ? I presented chart previous thread USO
    JULIE

  • Mark Shinnick

    Ive been doing drip for a couple of weeks now.

  • Julie 35 – 25 – 36

    Mark USO could go down to approx 11.60
    JULIE

  • HD

    There’s always a rally.

  • HD

    Last time we got sell in May was 2015. A good study IMO.

  • Julie 35 – 25 – 36

    HD Short the bounces
    JULIE

  • Darkthirty

    I looked awhile back and if I disremember correctly, there’s one month of the year down on OPEX. GG could find that quick….

  • Julie 35 – 25 – 36

    SPX There could be a bounce here i.e. oversold 60 min and SPX now at lower boundary of daily cloud.If so short the bounce only Trying to cut a fat hog in the ass going long IMO not worth it
    JULIE..

  • HD

    Incoming trade war tweet. I’d assume.

  • Julie 35 – 25 – 36

    HD This correction was going to occur without all the trade BS
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Julie 35 – 25 – 36

    HD remember my 1 – 2 – i then up for ii on Tuesday now possibly down for iii
    JULIE

  • Julie 35 – 25 – 36

    GG just move your stop up .. Play it longer term GG .. Market in correction
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    some day Coug. some day.
    maybe I can double down reentry on Tuesday.
    πŸ˜‰

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I would need a pinpoint keyword.

    https://evilspeculator.com/opx-time-cycle/

  • BobbyLow

    I see certain predictions being made but the only prediction that’s fairly reliable is the Mole Vacation Indicator. It’s a hell of a lot more reliable than the VIX Buy/Sell Signal and a lot of other indicators. I think 8 out of the last 10 Mole Vacations that the markets tanked. So although this is a small sample size, it’s still has a 80% probability right now.

  • Julie 35 – 25 – 36

    Adjusting stops SPX short ; EXAS short ; SLV long and $COTTON long Let er ride guys ! Like the Chief gonna let stops take me out
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    So so glad I didn’t go long on the VIX buy.

  • Julie 35 – 25 – 36

    BL The $VIX bollinger band sell signal must be accompanied by an increase in NYSE Down Volume Sometimes this does not occur and negates the sell signal. IMO always check NYSE Down Volume to see if it corroborates the sell signal
    JULIE

  • Darkthirty

    I’m running small today, been leery of this since it started….

  • Julie 35 – 25 – 36

    The Chief’s vacation alert even better than his trips to the dentist ! LOL!
    JULIE

  • Darkthirty

    Think I just looked at charts on OPEX day

  • Darkthirty

    Got a symmetrical target of 2797 ES

  • Julie 35 – 25 – 36

    Guys tomorrow is the important day Friday They will go all out to hold the market up tomorrow to avoid a big drop. Low Holiday volume they are able to manipulate the market. A big drop prior to a holiday or three day weekend will spook consumers and the will be reluctant to spend
    JULIE

  • BKXtoZERO

    I was expecting a bounce to 2825 area when I pulled off my TVIX….early.

  • Darkthirty

    iii or C

  • Julie 35 – 25 – 36

    Guys LCI completing a short squeeze. A great short is the completion of a short squeeze. LCI a bearish close below 5.85 Short the “POOP” out of it
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    -46 S&P points.
    just a scratch. LOL.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Julie 35 – 25 – 36

    Noon in MT Leaving work for an extended Holiday and see everyone next Tuesday. Let’s all remember the true meaning of Memorial Day honoring all those who have given their lives to our nation Let’s also honor all those who have worn a uniform and those presently in uniform Love all you great Guys !
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Mark Shinnick

    Wow…if that doesn’t tell a story don’t it?

  • BKXtoZERO

    Back on tvix 23.65 pullback. No soup for you bulls

  • Darkthirty

    Check out January February and March

  • Darkthirty

    Every picture tells a story…don’t it?

  • Darkthirty

    Bout time for someone to rip a tweet……

  • BKXtoZERO

    This is way different than last year. Last year was EASY. Lots of intraday lob balls hanging over the plate. Its like they were trading it down purposely. This sell off has been all gaps…No chance unless you are in. Very hard.

  • BKXtoZERO

    Also a HARD sell job before each move….unrelenting push with no hint of weakness that says hold vix

  • Darkthirty

    Short VIX?

  • BKXtoZERO

    Long tvix again…

  • BKXtoZERO

    I wish i could short vix but uvxy kind of sucks….

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Darkthirty

    ES VWAP 2822

  • BobbyLow

    Go baby!

  • BKXtoZERO

    Stopped out flat on tvix re entry….low odds of instant death. Off to the buffet with my chips piled high and off the table

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Bears backing off.
    I’m a smart bear….for now.
    LOL.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • BobbyLow

    I did something I don’t normally do and that’s fade the late afternoon that’s been happening pretty consistently over the past few days and went long 2808.50.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    nice..

  • BobbyLow

    Tks.

    This is helping to offset my partial position spec play on oil yesterday. I’m still long there too. If my spec was short I would have covered but I can have a little more patience with long oil.

  • Darkthirty

    shortin em here boss

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Dyellowflash

    What does the zero said to that fuck up move?

  • Julie 35 – 25 – 36

    SPX Checking in at home about to leave Stated in post below watch for the bounce 60 min oversold and lower daily cloud boundary It is occurring Short the Bounces ! ! Short the Bounces ! Market in correction Guys !
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    and here I thought you were in a Helicopter heading to the border.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Dyellowflash

    U know that when it is time to sell the spikes, I will always game it on. https://uploads.disquscdn.com/images/509802cd52aa11cb5244c149be1bb9542c92e045b65839a9cdbf4eff4202094a.jpg

  • BobbyLow

    Out +10 Points

    I can’t believe how much that F%^&***^ing spike yesterday morning screwed up my game. Without that spike I would have remained short and caught the big down move. But that’s the game. Sometime it throws unbelievable curve balls at you that don’t make any sense.

    Today has been tiresome because I felt like I only had one shot at a counter move so I sat and waited and sat and waited until I took my shot. Maybe some luck involved here, maybe not. Doesn’t matter because I needed this win to as Mark says “replenish my mental capital”. πŸ™‚

  • Julie 35 – 25 – 36

    TLT Busts out with confirming volume ! Bulls in trouble now ! Hold them shorts Guys !
    JULIE

  • BKXtoZERO

    They know that.

  • Mark Shinnick

    23.65 a pretty stiff wall.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    that’s the problem with spikes. you don’t know it’s a spike until afterwards.

  • BobbyLow

    True and it’s also dangerous to chase a spike because of it’s nature. The odds are probably better to fade a spike than follow a spike but either way, that’s not something that I’ll normally do.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    so to emulate Mark. why did you go outside of your parameters?
    boredom? need? ..

  • BKXtoZERO

    What’s that sound they make in karate movies when you realize something….de de doo

  • BKXtoZERO

    On tvix?

  • Julie 35 – 25 – 36

    BL Do you mean the spike Tuesday morning and not yesterday ?
    JULIE

  • BobbyLow

    This is where hours and hours of back testing by pencil and paper come into play. Even though what I did today is not part of my normal routine/gameplan, I’ve been able to see how most of these types of moves have developed on paper along with what has actually happened to the e-mini’s in late afternoon trading since May 6th. This told me that this type of trade today had a decent chance of working.

  • BobbyLow

    I was short yesterday and was watching my live chart at the exact time sometime between 10 AM and 11 AM that the e-mini’s spiked around 7 Points in less than 2 seconds and stopped me out. This spike really through me off and made me gun shy about re-entering my short which in hind sight is what I should have done.

  • Mark Shinnick

    Yeah, sure wreaked havoc today.

  • Julie 35 – 25 – 36

    BL Tomorrow IMO they are going to do everything they can to hold the market up before a Holiday per previous post below
    JULIE

  • BobbyLow

    Probably so. It’s going to be a tricky day for swing decisions but I might be able to put in a day trade. We’ll see what happens.

  • zzezzezz

    Still holding short from overnight entry @ /ES 2040

  • Darkthirty

    I’m real curious of how much money it takes to bump the “market” like that. Fat finger moves down, and SEC voids the trades, random spikes are not a problem… Spoof the market? You get federal charges….If you program a bot to do it, it’s not a problem…….

  • BobbyLow

    Nice Z!

    I was wondering where you were. πŸ™‚

  • Julie 35 – 25 – 36

    ZZ You ain’t the only one short ! LOL! Have A Great Holiday ZZ !
    JULIE

  • BobbyLow

    Many years back, Cramer wrote that when he managed a fund he could dump a few million in to juice the futures one way or another. Don’t know if what he said is true or not because he’s such a blowhard but he did say this.

  • BobbyLow

    One last parting thought for today is that I just skimmed through a thread by disqus that began with touting their “new and improved” feature of collapsing threads. There were hundreds of comments about this and I did not see any that was favorable. The vast majority of posters hated this new feature yet it’s still here. I guess they’re really listening. Not.

  • BKXtoZERO

    Mole left a clue where the MKT was going in his post, see if you can spot it… HD? Where are we?
    https://uploads.disquscdn.com/images/22ec3ffefb37149dd2bbf2d395fb98dfaa4af4241f8d804dbf54ae1da582ed99.jpg

  • BKXtoZERO

    That is my job!

  • Darkthirty

    The bots will chase 10 option contracts in the overnights. 10 seconds after you put them up.……..

  • Julie 35 – 25 – 36

    SPX Today’s bounce was where I posted earlier. NYSE New lows 179 Guys this indicates fear in the market Advance – decline ; Advancing volume – declining volume Bears in charge Guys JULIE https://uploads.disquscdn.com/images/465ec52cf4a139f6c1d4b0a3008a2c4c22b7fef03d13aff8e555101df8efd75f.png

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    As EvilSpec curator. It has severely limited my historical lookup capability.

    for example, even if a Goog search sends me to the correct day, I have to go to that days comments, open every single expand before I can search & find that instance of convo. Impossible.

    Say Julie uses the word purplepoop in a deep thread. Unless that particular expand is opened, I will never find it. Even if I know the very day it occurred. crazY.

  • zzezzezz

    Thanks. I’ll short more if we climb to 2832

  • BKXtoZERO

    Now you will have to find something else to do! πŸ™‚

  • BKXtoZERO

    Sir Mole. This was my favorite post perhaps ever. I have been so busy between work family and now car restoration but reading this now….very poignant and moving. Very real….hard hitting. Thank you. Enjoy your time there .

  • Mark Shinnick

    Yeah, I especially like: “You cannot ever go back from where you come from.”

    If we are progressing in our purposes for life itself, nor would we want to ever “go back”.

  • BobbyLow

    Another bad thing about the collapsed thread is that you have to reopen it to find out if their are any new comments in it. So this is supposed to be an improvement? A new feature? Fricken stupid is what it is.

  • Julie 35 – 25 – 36

    Guys GG Yoda BL BK and all others that trade the miners (GDX) Get ready to “Rumble” Nice rally about to commence !

    We are at a beautiful campsite at Hebgen Lake MT ( just west and north of Yellowstone Natl Park) approx 7,000 ft and in snow. Love it !

    Everyone Have A great Memorial Weekend Be Safe !
    JULIE

  • BKXtoZERO

    I have an eye on NUGT. Usually metals bottom June to July. Enjoy your camping trip!

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    WiFi at a lake?
    son of a gun. what will they think of next!?

  • Julie 35 – 25 – 36

    Electricity and all amenities at the Lake GG Love it here !
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Julie 35 – 25 – 36

    BK GDX could go down to approx 19.50 If so We nail it
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Julie 35 – 25 – 36

    Too many carbs GG LOL!
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I can’t afford steak. Hell, maybe hot-dogs too.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    if you see Yeti prints, be sure to document them. LOL.
    https://www.snowbusiness.de/files/nissan_-_yeti02.jpg

  • Julie 35 – 25 – 36

    GG After I left work at noon went to the liquor store and bought a pint of Fireball. Gonna have a shot tonight. Haven’.t been to a liquor store in years. Husband very seldom has a shot and said he will tonight too ! Too much GG
    JULIE

  • Julie 35 – 25 – 36

    Only Big Foot GG !
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Congrats! now make sure you lock up all the firearms.
    πŸ˜‰

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    tomato, tomatoe. Bigfoot, Yeti – same thing.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Have a great time. GG signing out.

    http://creativecriminals.com/pictures/feedthumb/649

  • zzezzezz

    Pictures?

  • HD

    YIKES!

  • HD

    “There’s always a rally.”

  • http://www.captainboom.com/ captainboom

    Roof is all done. That guy is Johnny on the spot. He shows up and works, and I pay him right away. Nice work too.

  • http://www.captainboom.com/ captainboom

    Non-union. I don’t think any union guys are available for this kind of work in my area, and it would make the project too expensive for me to turn a profit.

  • Julie 35 – 25 – 36

    Guys Having the shot of Fireball now .. Maybe 2 perhaps 3 .. mini vacation Here we go Guys ! EUFN an impulse down from mid April NOW down to a support and a fib fan line https://uploads.disquscdn.com/images/0341bb647a88245437eed579a20512559c2a75ee6ec016bd2458ee307aa07453.png . Checkout the Bollinger band positive divergence i.e. a low outside the lower band then a lower low inside the lower band. Also positive divergences RSI ; STOCHS and Histogram. The play a possible bounce from this level and we short the lower high watching volume and momentum on the bounce This is made to order Guys ! We can retire off this “PIG” Let’s put lipstick on this “PIG” GUYS ! JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Textbook bounce today on my lens.
    too bad I was working in the slave farm.

    “Hey WALLSTREET”.

    https://uploads.disquscdn.com/images/39adbcb440aabd87ac9250cf9fd89978a6af6878d281663259ad04aa6e8dcb02.png

  • Julie 35 – 25 – 36

    Guys .. SPX Checkout the Monthly candle completing in approx 5 trading days … Yikes ! Don’t space out the monthly chart with negative divergence MACD and overbought We all be singing “Bye Bye Blackbird ” As Walter Cronkite would say “And that’s the way it was on this day Thursday May 23 2019 ”
    JULIE

  • Dyellowflash

    No zero support on the up move last night. I have no choice but to assume that it is short-covering b4 holidays. Though not sure how the brokerages will try to pump it during EU hrs or not. Anyway, I am in a tentative short position at Dow 25540s. SL 25560s. Going to be 10R or Long weekend for me.

  • http://iberianviews.blogspot.com/ catracho

    Nasdaq 100 – trend is your friend until the bend at the end-

    https://uploads.disquscdn.com/images/98200e14bf953484fa2248aaae1e024572d3a57b11c4b514cee88b41d5069f1e.png

    key levels approaching..support hold and possible ATH soon.. break and ATH delayed

  • http://iberianviews.blogspot.com/ catracho

    https://uploads.disquscdn.com/images/6b53f9eee302a7c648c26b7377d4a8efd87895102d49bda1a145e66fb91c38af.png

    break below that line 25200 opens way for a potential waterfall decline..all markets in similar positions – covered shorts yesterday and seeing how this “obvious” bounce at support plays out

  • BobbyLow

    Just woke up and checked my long from last night at 2828 and it survived the night. Things can change fast in pre-market hours but so far so good.

  • BobbyLow

    Out +6. Might re-enter later.

  • BobbyLow

    Interesting. I watched the price action early this morning on the e-minis and there was a smooth grind upward overnight until I noticed a gradual 7 Point drop between 7 and 8 AM. The Core Durable Goods order was due for release at 8:30 AM so I wonder if the institutions got a pre-release of the results of this report beforehand. I got bad vibes and got out while I still had profit left.

    https://www.forexfactory.com/news/919007-us-business-equipment-orders-post-biggest-drop-in-four

    The core report was not good but looks like it’s already forgotten because the market has a memory span of an infant. Looking for a possible re-entry point.

  • zzezzezz

    I fear we’re going to close @ /ES 2850 today….

  • Dyellowflash

    Shorted Dow 25634 and SnP 2840. I think u r right. Zero looks bullish. But there was a window of opportunity to short 30mins ago and i took it.

  • zzezzezz

    nice. i’m still short /ES @ 2840 and 2832

  • Dyellowflash

    Wish us good luck. My earlier shorts opened during UK hrs around dow 25590s were SL out . That’s what happen when I trade w/o the zero. Whats ur SL lvl? I am dow 25653 and SnP 2841.7

  • Dyellowflash

    Reaching the gap. Shall we unload a bit here?

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Dyellowflash

    Shorts reached 3-5R. I am out 40%. Took Dow off the table now left with rusells and s&p. Target S&P 2812.

  • Dyellowflash
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Daily price has settled into a range. If you create a thick line, and look left?….yeah – you guessed it.
    I also drew a Goldilocks zone. I can’t expect much on a Friday. low volume and all that.
    -GG
    https://uploads.disquscdn.com/images/fd9290dc1def6422efcebd55f0508dd495644bbfbe085542c0fdddf9edc153f9.png
    edit: Mental reinforcement for “Thursday’s Move, Friday’s Snooze”.

  • http://iberianviews.blogspot.com/ catracho

    Looks like an H&S

  • zzezzezz

    Yeah /ES 2842 for me. But maybe we’ll hit 2750 instead of 2850 today πŸ™‚

  • zzezzezz

    nice trade!

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    if so, those are *mighty small* shoulders.

  • zzezzezz

    hmm, VIX not popping up as much as i would like…
    EDIT: and Zero getting whipped around this morning… tread carefully today!

  • http://iberianviews.blogspot.com/ catracho

    or a very large “head” πŸ˜‰

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    ever try the VXO?
    πŸ˜‰

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • zzezzezz

    interesting…

    “The short answer is that the VIX tracks volatility in the S&P 500, while the VXO measures volatility in the S&P 100 (OEX). … So in essence, the VIX is basically “New” Coke, while the VXO is “Coke Classic.””

  • zzezzezz

    nice

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Correct!
    Mole Recommended and Approved LINK:
    https://evilspeculator.com/volatility-for-dummies/

  • zzezzezz

    c’mon bears… let’s see a LITTLE bit more destruction than THAT!

    https://uploads.disquscdn.com/images/7bd8ee954d662a0a8548db75eeb7bcd42ffff9fcb1ab28e294c2ee654e4d8e4a.jpg

  • BKXtoZERO

    There is a recent trendline intersecting 2848 that “could” be a day end target here and mess with the people looking at the micro move against todays high, they always make it hard and push things so I am sitting and waiting.
    https://uploads.disquscdn.com/images/b06394703245288ed5f030e0056500ba7193ec9261d7db2c58cf55ece17bb5ad.jpg

  • BKXtoZERO

    Hey He, Get Off of My Cloud

  • Dyellowflash

    Another window to take a short here at Dow 25600s. But I will skip this. Still have some shorts from high of day. This doesn’t look too good for shorts right now and EOW low Vol long wkend is starting.

  • zzezzezz

    ughhh… yeah i’m watching the same trendline… it’ll probably hit 2850 for a nice stop-sweep and OPEX

  • zzezzezz

    So today is the HIGHEST Zero reading on the hourly chart in the last 2 weeks…
    Thoughts?

    https://uploads.disquscdn.com/images/165b11466ad2a890a3f33ddcf5d4c455d94a0b5f2b8e9bed24bd547ac471cb68.png

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    it’s a cluster f*ck. wrap some bollingers around it (SPX) and I can almost bet it’s constricting.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • zzezzezz

    I agree with your question πŸ™‚

  • BKXtoZERO

    I put a half small double secret probation sized tvix position on at 22.2. If the world ends I have a little something.

  • Mark Shinnick

    …rather damm sensibly-measured. The general environment seems pretty fucked, HY not showing much confidence. Real estate…maybe like a deer in the oncoming headlights?

  • Dyellowflash

    That looks like an interesting thing to buy. If mkt gap 2-3% and/or crash 4-5% in a day, the thing might go up 50%.

  • Darkthirty

    In a 4th or b of C looking for a drop below 2800 before 2930. channels – time series – 2815 @ 2:30 or so

  • BKXtoZERO

    Thanks for reminding me! I put a nice sized DRV on at 6.5. I kind of forgot about those crazy people. 6 month chart is on 4th negative RSI divergence. I put on things like this when not seems uncertain to get some kind of short action without taking the kind of lumps tvix dishes out when you are wrong there.

  • BKXtoZERO

    That is always my plan…but like Mike Tyson said…Everyone has a plan until they get punched in the mouth.

  • zzezzezz

    dang… no options being traded on TVIX?

  • Mark Shinnick

    Yeah, I’m re-loaded on the calls like last time it went to shit.
    Before then, it would be normal for some lulling-out of some fear.

  • Julie 35 – 25 – 36

    Guys Checking in .. Taking profits SLV long all out … Will re enter long with bullish close above 13.68 If anyone has noticed SPX today’s high the 5 ema. MT lakes open for fishing and I dropped my phone in the water It’s insured .. My husband looked at me and said I was supposed to cast lure not phone
    JULIE

  • Julie 35 – 25 – 36

    Another item Not sure if anyone has noticed SPX A possible bearish descending triangle forming Holding short in the black again will let stop take me out JULIE https://uploads.disquscdn.com/images/f173798e1226222b76a5ac41c81e8f712d5a83f0e8dad928c49c90c635e6de0b.png

  • Darkthirty

    The clock on the wall said 2 o clock…..last call for alcohol

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Julie 35 – 25 – 36

    BAC An impulse down with the consolidation being the 4th wave Moving averages in a bearish alignment 38.2% retracement is the confluence of the declining 21 and 55 ema’s 50% retracement is the gap window No position yet BAC setting up for a nice short with a probable bounce at approx 28 support JULIE https://uploads.disquscdn.com/images/6283a34099e54fd15a73a2de7ceb3d81dabc49d97a75193c904079c3d4f569e4.png

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Julie 35 – 25 – 36

    LOL 1 GG .. Finishing lunch and going hiking shortly
    JULIE

  • zzezzezz

    I’m still short /ES averaging @ 2835. Thinking of holding over the long weekend.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    risk/reward?

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    overrated. a good long nap with mountain air – fine by me!

  • Julie 35 – 25 – 36
  • Mark Shinnick
  • zzezzezz

    LOL

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I like the term, Superior.
    πŸ˜‰

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Time check.
    wrap it up.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Julie 35 – 25 – 36
  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • BKXtoZERO
  • Julie 35 – 25 – 36

    You too BK and everyone ! Be safe .. curb the alcohol consumption .. !
    JULIE

  • Mark Shinnick
  • BKXtoZERO

    Royal India…Kirkland we is the best anywhere. Treating myself to Royal treatment today

  • zzezzezz
  • Mark Shinnick

    Yeah….and to only the “First Class” trains.

  • Darkthirty

    Sunday regular open…Monday close noon til 5

  • BobbyLow

    Could be magnificent hold or a nightmare. Might want to think about taking some off the table?

  • Darkthirty

    Overnight drops – day ramps. pretty easy to surmise what’s going on behind the curtain………

  • Darkthirty

    Campground to the bear is like the buffet pic below!

  • zzezzezz

    Covered for +4 point gain. Better than a loss I guess.
    100% cash

  • BobbyLow

    Better to be safe than sorry. No matter what happens on Monday night or Tuesday morning there will be another trade available. We just don’t know what direction yet.

  • Julie 35 – 25 – 36

    Guys I presented in a previous post LCI as being a perfect candidate for a re short following a short squeeze. A bearish close today below 5.85 was the re short. Well .. It occurred today with a strong bearish candle with increasing selling volume. We were in the midst of preparing for our trip and missed it As GG would say “:Next 1,000 trades ”
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    past your bed time. How was the fireball!?

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • BKXtoZERO

    @Julie….article today on nonsanctioned website shows silver commercial and spec position as bullish w gold close behind.

  • Darkthirty

    cui bono?

  • zzezzezz

    Short /ES @ 2830
    (stop above 2836)

  • Darkthirty

    Any other markets closed tomorrow?

  • Dyellowflash

    Fully shorted at Dow 25647. I really hate shorting on a holiday non-mkt hrs when even Sg Stock Exchange is not opened yet! But the current price pattern triggered my “die also must enter shorts” set-up. So here I am.

  • Dyellowflash

    My SL is 40% at 25666 and 60% at 25688.

  • Julie 35 – 25 – 36

    Hi Guys Just relaxing and checking some charts.I noticed that some of you have been talking TSLA recently.Could be a buy here BUT IMO a bullish close above it’s 5 ema and a minor resistance @ 200 would be the signal. TSLA oversold down to lower Raff Regression.There is more guys ACCUM / DIST looks nice with a positive divergence ; CMF is green showing accumulation and MFI below 16 When MFI dips below 16 a tradeable bottom is close ALSO A Bollinger Band positive divergence i.e. a low outside the band then a lower low inside the band Shown two daily charts TSLA The last 5 trading days three have shown buying closing near the top of their daily range JULIE https://uploads.disquscdn.com/images/be1c2309ed6a265b3a1b0c6d61c345027d87b91da49061ec039af3a390474f84.png

  • Julie 35 – 25 – 36
  • Julie 35 – 25 – 36

    Hi BK Thanks BK I always monitor the COT Reports with PM’s and commodities OIL presently the Commercials have reduced their net short positions and is in Backwardation which is a sign of tight supply
    JULIE

  • zzezzezz
  • Dyellowflash

    Fully short is just 1% of my trading capital. Anyway, the trades that I least wanted to make were those that ended up with 400 Dow pts runs. Usually πŸ˜‰

  • Julie 35 – 25 – 36

    ZZ LOL! Hope you are having a nice Holiday weekend !
    JULIE

  • zzezzezz

    LOL. Just messin’ with ya! I’m short as well. /ES

  • zzezzezz

    I am! Thanks. Bbq, pool with the fam, the usual.
    You having a good time?

  • Dyellowflash

    NP, I am not messed. A bit unhappy with having shorted the 2 stronger indexes today rather than the 2 weaker ones. I need to use my brains more. Quite interesting that our skillsets/styles of trading looked quite similar…

  • Julie 35 – 25 – 36

    Yeah ZZ It’s cold wish it was warmer.
    JULIE

  • Dyellowflash

    Are your shorts still on? Mine is half gone as usual, Dow positions being stopped out on the dot then reverse. S&P still in the game. In any case, I just got to wait for mkt open and use the Zero to win my coins. My positions are on guaranteed stoploss, so I am not so worried about the holiday’s closing. Just the brokerage’s internal sabotages.

  • zzezzezz

    I’ve still got my shorts @ 2830.
    I messed with my stops a bit and held on overnight.

  • Dyellowflash

    So far ES not even challenging the 2nd mole arrow (5m) chart, so probably can hold shorts. https://uploads.disquscdn.com/images/8ba6622d8370442feab29b82a8b5fa78c5d6aa7cb13d381e56f4e6c51c5e1987.jpg

  • Dyellowflash
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Elsa the Ice Queen finally admits to being cold?

    Let it go. Let it go!
    πŸ˜‰

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Easily 20 degrees below normal here in sunny Phoenix. The whole Southern Pacific coastline is rained in. Unprecedented.
    I guess that Solar Minimum is really working.

    but never fear, Temps will return to near median, and Mole will be back recharged.
    -GG

    https://uploads.disquscdn.com/images/1659a137e3618e903690be03337a0f3aaab503d9cc8a40318d2acc9b5a498225.png

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Ivan Hrusovsky
  • Julie 35 – 25 – 36

    GG .. Elsa The Ice Queen … LOL! At one time I was a member of The Bikini Ice Fishing Team for a swimwear co.
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    A local guide’s story.
    Grab a hound dog.

    https://www.youtube.com/watch?v=btDeWxLD14E

  • Julie 35 – 25 – 36

    USO down to 11 bucks .. It could I have targets 12.03 – 11.61 – 11.57 However 11 bucks is possible JULIE https://uploads.disquscdn.com/images/15a1e4c23ff65384c8f890e3408de9d37cf7f7fce65c9f8bdbbf4eaac4e86bbe.png

  • Julie 35 – 25 – 36

    GG No sound Speakers PHHHTT! Is that the Superstition Mtns ? My husband and his best friend have a completely whacko scheme of finding the Lost Dutchman Mine using that’s right a Blood Hound ! I can’t believe it !
    JULIE

  • Julie 35 – 25 – 36

    GG .. You had better do it again ! LOL!
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Yes, that’s it. I live about 30 miles away. I can smell the gold!
    Muwahahaha.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    The Market should see support, this abbreviated week.

    Otherwise, it’s gonna fall like ironman with a frozen engine.

    https://www.youtube.com/watch?v=ZwOxM0-byvc

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Julie 35 – 25 – 36

    GG What do you think Yellowstone means ?? We were there over the weekend but smelled no gold .. It rained a little and chased the pot of gold at end of rainbow BUT no cigar ! There’s.gold in them thar hills GG ! Gonna take a blood hound to find it LOL!
    JULIE

  • Julie 35 – 25 – 36

    GG Futes are up On bounce watch SPX cash 2839 and 2846
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    has Mole returned to his lair?
    πŸ˜‰

  • Julie 35 – 25 – 36

    Not sure where the Chief is GG He is supposed to be back Tuesday. Maybe he will take some more time
    JULIE

  • Julie 35 – 25 – 36

    GG Everyone has forgotten about the yield curve that was the talk before the decline end of September last year. NOW what higher highs and higher lows are a Bear Flag. GG At an important back test of the upper down trend line .. A failure could have dire consequences IMO Going to fail JULIE https://uploads.disquscdn.com/images/9014a012de4e5048a4ede485841c4f27f4f328d26f082c806eb668d49057d36a.png

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    True. notice the chart. downtrend is over. range trade underway.
    and ‘when’ is a mystery.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Julie 35 – 25 – 36

    Whoa GG .. Not so fast “Pardner” .. $TEDDY has bottomed and rising breaking above an upper down trend line This be bearish ! JULIE https://uploads.disquscdn.com/images/bdb410bb0cda13bd54113c8d3fce2392728e3a579567fe14a2f97614ad306d08.png

  • Darkthirty

    Better get a dogfish, it’s underwater now………..

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    explain. Maybe bad for the Euro. but the U.S.?

  • Julie 35 – 25 – 36

    Bad for us GG .. $LIBOR3 pulling back but looks like a bullish falling wedge. $LIBOR3 rising indicates a strain on the credit markets A breakout above wedge could get ugly .. No stick save GG .. Phoenix AZ gonna go way of Phoenix Bird ! JULIE https://uploads.disquscdn.com/images/53849b99ee2b7396cac1cab635a95cbe6075fa3a61d54e64ff8c38fa588e9a0a.png

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    There has been inverse correlation between the TED & SPX in the past year, but it was not always that way!

    https://stockcharts.com/h-sc/ui?s=%24SPX&p=W&yr=5&mn=0&dy=0&id=p21498638064

  • Julie 35 – 25 – 36

    GG TEDDY Roosevelt goes up … Phoenix AZ goes down ! LOL!
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Julie 35 – 25 – 36

    GG Yo is gonna be joining my husband ; his best friend and this guy lookin for that gold mine.Your wife and I will be a shoppin … ! LOL! JULIE https://uploads.disquscdn.com/images/702651d0daa7e7c0a851232fc5ca22e6d16e6cadff603080789c2a6342910516.png

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Won’t work.
    That dog will pick up cactus in 5 minutes.

    https://i.ytimg.com/vi/sCWdR2bT6EM/maxresdefault.jpg

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    some bears are faster than others.
    don’t be the slow bear.

    https://www.youtube.com/watch?v=-zu5WFgD6Tg

  • Julie 35 – 25 – 36

    LOL! GG .. One item of importance .. Bears must watch out .. A possible double bottom SPX 2800 My short SPX up slightly in black but if wrong .. Not wrong long. IMO still going down to 2650 or even lower to 2382 Shown SPX daily chart BUT weekly ema’s match daily chart https://uploads.disquscdn.com/images/b571b258b1ca772f6bac4bec4b742f08ef20c57d7da4497c0f70675a5c2a1c5e.png JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    As I posted Friday, yes 2800, the massive horizontal level.
    not too hot, not too cold.

  • Julie 35 – 25 – 36

    GG At a minimum SPX should pullback approx 2700 approx 38.2% retracement.If not that would not qualify as a healthy correction If it goes to ATH from here in the longer perspective would not be good. Then the next correction would knock the cover off the ball.There is no justification for ATH presently with volume ; fundamentals .. The bulls are asking for it without a healthy correction
    JULIE

  • Dyellowflash

    Dow dropped 50 pts from high of day within 30mins of EU opening. I would rather they start dropping 1-2 hrs after the UK opens.

  • http://iberianviews.blogspot.com/ catracho

    light vols on holiday trading – “THEY” can do what they want!

  • Julie 35 – 25 – 36

    Hi Catracho I am still up I have targets 2839 and or 2846 SPX cash looks like futes pulled back 2839 too
    JULIE

  • http://iberianviews.blogspot.com/ catracho

    what time zone are you in?

  • Julie 35 – 25 – 36

    Mountain time zone Almost 1:00 am Shame on me ! LOL!
    JULIE

  • Julie 35 – 25 – 36

    I have an easy week ahead .. work is slow .. took Friday off too
    JULIE

  • http://iberianviews.blogspot.com/ catracho

    All markets seem to be poised ..
    DAX in the trend channel, bounced off support – BUT previous bounces led to new highs in the channel…this time rally short in time and price..now re-testing the line – WATCHING – a break below and could be decent move down ..

    Levels watching on other indices
    NDX 7255
    DOW 25200
    S&P 2783

    https://uploads.disquscdn.com/images/5139a105c0752006149ca3ea03947863f34064426eedb13f67866ea8c24f8ba2.png

  • http://iberianviews.blogspot.com/ catracho

    most nights I’m up till 1-2 am.! (UK)
    and up at 6:30..

  • Julie 35 – 25 – 36

    Catracho SPX cash I have 2650 where it’s going … Perhaps even down 2382
    JULIE

  • Julie 35 – 25 – 36

    There is a possible double bottom in play @ 2800 BUT anything under a declining 50 sma or 55 ema will be a dead cat bounce. Bulls in some deep “CRAP”
    JULIE

  • http://iberianviews.blogspot.com/ catracho

    yes – if those levels break some decent downside targets..
    go to sleep! πŸ™‚

  • Julie 35 – 25 – 36

    Catracho You may want to try 3 consecutive Bol Bands on a chart (1) 21, 2.0 (2) 34,2.1 (3) 55,2.5 You may be surprised
    JULIE

  • Julie 35 – 25 – 36

    Thanks Catracho Now off to sleep ! See ya later!
    JULIE

  • http://iberianviews.blogspot.com/ catracho

    If levels break – will be adding to shorts –

  • Dyellowflash

    Agree with your point. Though its a common occurrence for EU hrs to feint one direction only for the UK opening hr to reverse it. Hence, if it drops with a “scary” look to it during EU hrs, I will have to be double vigilance waching it for next 2hrs.

  • fxnuts
  • http://iberianviews.blogspot.com/ catracho

    DOW weekly..
    If the rally from 2016 finished at the “END” ..61.8 % retraces are like magnets..
    looking at price v RSI – clear divergence (NEGATIVE)
    THIS IS LONG TERM…
    https://uploads.disquscdn.com/images/7f17b0ff79b82d298cf9c104fd5d7e545a9b5d287f8441610332cd9baac9ac5a.png

  • http://iberianviews.blogspot.com/ catracho
  • http://iberianviews.blogspot.com/ catracho

    you’re in Asia?

  • Dyellowflash

    So far so good. Almost a hundred dow pts after 20mins of UK opens. I am still suspicious, this looks “TOO Easy”… Still watching, but not TP-ing anything even though I got 4R now.

  • http://iberianviews.blogspot.com/ catracho

    Yes bit f’d off ! Had a DAX short – when I went to bed put a stop – and normally when I wake I take the stop off (if it hasn’t triggered) – today had stuff going on early – by the time I looked “THEY” had taken it out and now look ! At least my NDX wasn’t..

  • Julie 35 – 25 – 36

    Remember Guys RSI under 50 – 60 and MACD below center line Short them bounces Off to SLEEP !
    JULIE

  • Dyellowflash

    yeah, I am a Singaporean. But am making plans to travel/settle around EU/UK to trade the US mkt. Been trading the eurusd the past 3 yrs, to match my hrs, but earning less than 1/10 of what I can do with Zero.

  • Julie 35 – 25 – 36

    Guys E MINI bounced off the lower trend line of an ascending triangle. Now you Guys saw that ?
    JULIE

  • Julie 35 – 25 – 36

    $XAD:$XJY IMO more important than USD:JPY
    JULIE

  • Julie 35 – 25 – 36

    Go Bears Bust that lower trend line !
    JULIE

  • Dyellowflash

    If it drops like a rock from here. Its going to the one of the least dramatic and most anti-climate holiday reversal I had ever seen πŸ˜‰

  • Dyellowflash

    OK,100 Dow pts. I dont say NO to 5R. Taking 25% of my shorts off the table. Left 75%.

  • Julie 35 – 25 – 36

    Busted the lower trend line ! I have seen this before Bulls selling into strength As I stated in an earlier post that when the big Boys came back on Tuesday that they would sell into it
    JULIE

  • Dyellowflash

    Only took 2 Dow contracts off. 10 Rusells and S&P remaining. There’s enough fuel in my tank for the remaining 90% of the journey. https://uploads.disquscdn.com/images/1a03fde7a9f3c0125f295c55b5c4bc0220156a1e66fa7c032c84e16811aa3275.jpg

  • Julie 35 – 25 – 36

    I have made money too DY Love it ! Market in correction!
    JULIE

  • Julie 35 – 25 – 36

    I may go long oil
    JULIE

  • Julie 35 – 25 – 36

    OIL Backwardation on support COT Report Commercials reducing net short position
    JULIE

  • Julie 35 – 25 – 36
  • Julie 35 – 25 – 36

    USO My targets 12.03 — 11.62 – 11.57 We will see !
    JULIE

  • Julie 35 – 25 – 36
  • http://iberianviews.blogspot.com/ catracho

    If we are getting a decent bear move down – the rallies will be vicious ! Like a bucking bronco..

  • Darkthirty

    Bucking cougar maybe?

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Ironman found his support overnight.
    still could go either way, use that Zero.

    https://uploads.disquscdn.com/images/4a7c51accd8993ec2d7a9b619339a342ced426364a191052a4d645f078007bcd.png

  • Mark Shinnick
  • Dyellowflash

    If the trend didnt changed already, this is the place to short. Dow 25710s.

  • Dyellowflash

    If price gets above n held the day’s high ES 2842, I might go long. But now, shorting with ferocity.

  • Mark Shinnick