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Looks Incomplete

by The MoleMay 8, 2019

It’s very tempting to start looking for long entry opportunities after a series of nasty sell off. Clearly there couldn’t possibly be more selling around the corner after an entire month of upside progress has been wiped out in a matter of days, right? WRONG. Gauging downside price action by comparing it with upside price action is a flawed perspective that has cost the trading accounts of a many traders.

Let’s do a quick refresher on some basic statistics. On average roughly 80% of all significant price moves occur in only 10%-15% of the time – that of course includes rallies as well as sell offs. And although not every single market is the same in general markets spend the vast majority of their time in clearly defined ranges until they suddenly shoot higher or sometimes start free falling lower.

Now we know that sell offs usually produce quick spikes on the VIX, at least up to a certain threshold at which the VIX actually begins to move along with price (see Ken Long’s research on this) – this actually happens about 56% of the time.

I would say that anything > a VIX of 15 is starting to push into nervous territory – 20 is where it’s getting serious and anything above 25 is considered bearish with 30 representing the ‘everyone panics’ mark. But if you look at the histogram above then it’s clear that the VIX is spending a vast majority of its time between 9 and 17.

I haven’t run the numbers but after looking at this stuff for two decades I’d pose that this range probably covers about one standard deviation, which stands for 68% of the time. Push out to about 25 and that to me looks like two standard deviations, which of course stands for 95% of the time.

Now I’m pretty sure you already grasp where I’m going with this. At least two thirds of the time in the career of a trader is spent in either boring sideways or bullish tape. The remainder either covers small corrections during a downtrend or full scale sell offs.

I guess I could have just skipped all those stats and simply stated that our internal gauges are tuned for the majority of price action, which is either sideways or to the upside. We all know it but when the tape starts drifting lower we still perceive it in the context of what just preceded it, which most likely was a slow grind higher which perhaps toward the peak became a bit more volatile.

I’m sure you’ve all heard the expression: markets take the stairs up and the elevator down. Nothing new under the sun and all you have to do is to pull up a chart of the 1929 stock market crash. Admittedly what followed it was a multi-year sell off but again note that the legs lower are much more directional than the desperate attempts to paint a floor.

Must have been a rough time to be a trader. Hat tip to the ole’ boy plunger.

Alright, so now that our perspective has been slightly reset let’s take a look at the recent price action. Yes, bearish – no doubt. And although I’m seeing a promising looking touch of the 25-day SMA I don’t think that we’re all done just yet.

First up we didn’t even fully test the current volume hole that extends between ES 2850 and ES 2880. If we turn right now then I would be highly suspicious. Once again a more bearish session today would be medium term bullish and the inverse.

Someone in the comment session mused that the signal on the Zero indicator wasn’t very clear yesterday. Which gave me a bit of a chuckle (no offense) as it couldn’t be any more obvious and I hope most of you subs agree.

Note for example that the signal on all panels barely spent any time in positive territory – quite to the contrary. Plus VWAP was only touched twice and the E-Mini immediately reverted lower. Yes there was a buying spike higher late in the session but it was clearly bot driven and accompanied by a very weak Zero signal.

By the way if you’re not a subscriber then I strongly recommend you sign up here. It’s the price of a single E-Mini handle and basically pays for itself.

The SPX:VIX ratio has been clearly bearish over the past two sessions and I would not want to grab any long positions until that changes. As I mentioned above already, statistically speaking the VIX starts to move along with equities about 56% of the time.

Now guess when that happens? Exactly – near market bottoms or at least when risk sellers perceive IV to have reached an exhaustion point.

Okay quite a bit more below the fold – please grab your decoder ring and meet me in the lair:

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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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  • https://evilspeculator.com Sir Mole III

    Hey guys – I’ve been putting up pretty extensive posts in the past few days and need to take a day off tomorrow in order to catch up with some other deliverables. Unless of course I see a super juicy entry opportunity I can’t pass up but even then it’ll be a brief one.

  • Dyellowflash

    Dont worry, I have no intention to go long yet. Am just considering clearing my shorts options tonight since i sold at 85 and it is now 22-24. I dont fancy waiting out for it to turn 0 in case there is a big 500 pts up swing to make it back to 85.

  • Miguel Sanchez

    https://uploads.disquscdn.com/images/af180a3bd8626be16987d0f4b8f50a1bacebc94d62f412575628f3e558214544.png

    Hola !!
    Yo veo que viene un pequeño rebote porque los indicadores vix de corto plazo están en sobreventa pero este recorte no acaba aquí . Los demás indicadores no los veo en mínimos (allí están en cada uno de los recortes interesantes para luego entrar en SP500) .
    Ahora veo dos tipos de recorte. Uno que lleva a los indicadores del vix a mininos directamente (esto no suele pasar, el vix suele hacer doble suelo antes del siguiente disparo fuerte al alza) y el otro escenario es que vuelve a minimos y como muy tarde en los proximo 3 meses lo veremos en niveles de 25 …

  • zzezzezz

    Google translate:

    “Hello !!
    I see a small bounce coming because the vix short-term indicators are oversold but this cut does not end here. The other indicators do not see them at minimum (there are in each of the interesting cuts and then enter SP500).
    Now I see two types of clipping. One that takes the indicators of the vix to mininos directly (this does not usually happen, the vix usually do double floor before the next strong shot upwards) and the other scenario is that it returns to minimum and at the latest in the next 3 months what we will see in levels of 25 …”

  • Jason13

    Oh yeah that bullish divergence on Zero yesterday was clear as day.

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

    thanks for posting.
    Now I can commute in peace.
    😉

  • ridingwaves

    2835 SPX is good place for the bear touch then turn…..

  • nirav777

    haha nice post Mole, and clarity was later attained after massive amounts of java

  • Mark Shinnick

    rebot idra

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

    I had a dream last night.
    I was sitting in a Perkins, and this song started playing overhead.
    LOL.

    https://www.youtube.com/watch?v=h3P4RmAs3Tc

  • zzezzezz

    Still long /ES (and slightly negative) from last night…
    Got stopped out of soybeans for a loss.

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

    plan the trade, trade the plan.

  • Dyellowflash

    Shorted Dow 25990, 40 pts SL.

  • Mark Shinnick

    Using futures?

  • Dyellowflash

    yeah, this time around, using index, sort of like futures, but the symbol is simply US30.

  • Dyellowflash
  • Mark Shinnick

    What terrifies me most is liquidity. Personally, for dow, i use sdow. Its got the added 3x variable, making its own animal, but good liquidity.
    https://www.proshares.com/funds/sdow.html

  • Dyellowflash

    I used to use those ETFs too like 3 or 4x but my ETF brokerage’s platform for these vehicles are too cumbersome to use. So i switch to using forex brokerage to trade the US30/Dow. These brokerages really love to use underhand means to sweep/sabo traders positions, so u r right about the liquidity issue. Low liquidity means easy to manipulate for a quick spike to take out stops.

  • ridingwaves

    keep in eye on VCEL for longer term bull trade….target 32….I had it from 2 to 19, looking to buy back in….the gap at 14 and change is what made me sell at 19..
    growth company, should go positive on earnings from here on out….

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

    QQQ’s
    all the bears piled on, waiting! talk about frustration.
    rsi 48.5? yeah, muckery zone.

    https://uploads.disquscdn.com/images/59e1ba24b6cb3f238b5067f705df9ae8d278f69495c47c14adb843259a57518b.png

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

    Seems like bear congregations are like killzones.

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

    at least theta burn zones.
    😉

  • Dyellowflash

    yeah, i also think that for the shorts, this is the ideal time and price to try

  • ridingwaves

    they will prop a bit for UBER IPO tomm….Friday might be best with trade discussion break down or re-agreement

  • Dyellowflash

    Hey guys, anyone spotted the contracting triangle on the 5m ES chart?

  • ridingwaves

    Accumulating JWN, final buy set for lower red line if it comes, weekly chart..
    https://uploads.disquscdn.com/images/6c4c982da4cf02a24d408f3f003ceb4c0a4968160b7119753667ebaa9943064b.png

  • Sp00nman

    News cycle out of the WH is interesting. Bad news happens AH, good news during RTH. Missed the bullish breakout of the triangle. Could squeeze higher.

  • ridingwaves

    bammm, got to sell that IPO tomorrow, biggest offering this year..

  • Sp00nman

    Yep, just got a break.

  • Mark Shinnick

    Turns out to be a flag.

  • zzezzezz

    Moving stop up.

  • Darkthirty

    The 9:30 spike on ES was based on the announcement that kim kardashian’s ass just got bigger

  • Ronebadger

    How’s that possible?

  • Darkthirty

    Carbs, and the magic of spandex….

  • https://evilspeculator.com Sir Mole III

    Not to me – but I’m glad you caught it! 🙂

  • https://evilspeculator.com Sir Mole III

    Decent signal and it’s holding > VWAP. Could turn into a ramp later today:

    https://uploads.disquscdn.com/images/891afcc72ed6a0a7b7cd57432b261ca34a726b34e206e4fae0868a677c369d8b.png

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

    ‘Inflation’.

  • Darkthirty

    Update: it was her sister… market tanks ( hard to tell those mudsharks apart)

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

    what’s a mudshark? is that like a manta-ray?

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

    I’m at work. I don’t dare click the link.

  • ridingwaves

    they might think you head to Havasu too much…
    decent pizza….after long lake day…

  • Darkthirty

    I don’t understand the soybean prices, must be a lot in storage

  • https://evilspeculator.com Sir Mole III
  • Darkthirty

    Work is a carb free zone?

  • BKXtoZERO

    Long more NUGT 14.5, same price as yesterday

  • Julie 35 – 25 – 36

    Hi BK Holding SLV As stated will add above 14.00
    JULIE

  • BKXtoZERO

    I have USLV at 61.8 or so the other day…. Looks like a nice set up but needs to happen soon. Our hero Andre pointed out that if it could get back above the 200 quickly it could get back in gear to the upside. Very prophetic….. If it goes up, it will go up. he he he he

  • http://batman-news.com RacerXX

    Monks on a roller-coaster time.. again..

    https://youtu.be/a8k1eTEw4rQ

  • BKXtoZERO

    DUST showing opposite view similar in RSI divergence, if it stops right around here.
    https://uploads.disquscdn.com/images/1165d334f6768216c8ed41e7dfde3473d9c00401854963141298858481a93137.jpg

  • Julie 35 – 25 – 36

    BAC Holding short Pulling back from 60 min 21 ema closing below 29.96 is key. Below 29.87 bearish 60 min MACD below center line
    JULIE

  • BKXtoZERO

    NUGT, todays red candle may be quick shake out but local higher lows
    https://uploads.disquscdn.com/images/6b81fa2b7117a72b0c899fd89bf39a2bc8db3bb05ea0ca7bb4ddb33d09c1dffd.jpg

  • zzezzezz

    Moving stop up

  • https://evilspeculator.com Sir Mole III
  • https://evilspeculator.com Sir Mole III
  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • nirav777
  • Julie 35 – 25 – 36

    Chief still no position SPX as in agreement with your post yesterday about market being nonsensical . I would like to iterate that the bounce from 2862 looks weak per volume SPY. Today selling volume more than buying volume.Now https://uploads.disquscdn.com/images/c4d78e2f2c003298f9103dbf26c79643f39eac05214522f20c6ea3011be05d4b.png Into resistance IMO caution JULIE

  • ridingwaves
  • zzezzezz

    I’m with you there, long /ES (but my stop is a bit tighter…)

  • ridingwaves

    Thanks MSquare for the TEAM call out…I sold 1/2..that was a good setup….breaks out here and even better….or is it a triple top….

  • Mark Shinnick

    Really is; we were having a engineering/psychology conversation while about 8 other persons at any give time were also engaging him more superficially, each in-turn, dropping off replaced by others…at each return to our discussion he picked right up from were we left off. That’s really the kind of person needed as a LEM pilot, as he showed getting messed with by the other normal landing variables, low fuel, rough terrain, overloaded computer and radar system confusion.

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

    off to lunch!

  • Darkthirty

    Fingerprints all over the charts….. greasy fingers smearing savage blows

  • Julie 35 – 25 – 36

    Me too GG
    JULIE

  • Darkthirty

    No pizza

  • zzezzezz

    Long soybeans /ZS @ 825

  • BKXtoZERO

    Again? You must be hungry. You had them last night. Enjoy.

  • zzezzezz

    yeah, and i threw up!
    trying to see if i can stomach it again…

  • zzezzezz

    afternoon ramp up, here we go!

  • mSquare

    You are welcome.

    I sold 1/2 too. Think it does breakout here (as triple tops are rare). Scary expensive fundamentally, so if markets fall it will be down quick, so will try to be nimble

  • Julie 35 – 25 – 36

    DIS looks like it will close above it’s 5 ema INTC looks like a possible descending triangle developing at support
    JULIE

  • zzezzezz

    sold.

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

    DIS is a monster, a possible Netflix competitor.

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

    Hold my beer and watch this!

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

    Hope I don’t get different results!

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

    Close Up your books.

    DOW, the ole kitten on the clothesline trick.
    “to be continued”

    https://uploads.disquscdn.com/images/586065914eb6bbc05c4074afca95b3ff6746eaaca22c248288f55578f38f466c.png

  • zzezzezz

    Long /ES @ 2880

  • https://evilspeculator.com Sir Mole III

    Oh well – it was worth a shot but this market wants to sell off.

  • Darkthirty

    Didn’t like that trick?

  • BKXtoZERO

    Ok Julie….where is this silver rally? I fully expect 5+ years of miserable silver tape erased within 2 to 3 days of entry!

  • https://evilspeculator.com Sir Mole III

    Definitely worth nothing also that if more than 2 very promising looking dip buying opportunities fail then the market is trying to tell you something.

  • Julie 35 – 25 – 36

    GG SPX and BAC today played like a fiddle as I suspected. SPX last night in a post no positive divergences on 60 min chart so an oversold (60 min chart) up to approx 2900 (21 ema) then bla ! Played out to a T as watching volume SPY The selling volume today greater than the buying volume per chart SPX shown below in a reply to the Chief

    BAC same scene basically an oversold boubce 60 min failing also at the 60 min 21 ema and selling volume also greater than buying volume today closing below 29.87 which I posted as bearish Love it GG Shown BAC 60 min chart https://uploads.disquscdn.com/images/b2740aac822c29585f33571bad50de6216a4fc6ba4306268d755565eb580bca6.png JULIE

  • nirav777

    Zero has noting on sell side on this blip… , Any Value?

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

    Tough crowd…

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

    Cougar’s gonna cougar.
    😉

    edit: https://finviz.com/futures_charts.ashx?t=SI&p=m1

  • Julie 35 – 25 – 36

    Hang in there BK .. Patience my friend SLV Bullish consolidation above 60 min cloud Now oversold 60 min https://uploads.disquscdn.com/images/2c896e8b3faec2d8266e11810cd0990dce4c0753b25fcf21b1ff92c7f26d54dd.png JULIE

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

    “this too shall pass” – write it in your trader diary.

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

    SPY volume Chief selling volume intraday greater than buying volume Also failure at resistance and 60 min 21 ema which I was watching closely. Chief I still have no position SPX as you alluded to in previous posts and I concur about the nonsensical market and monkey business. My trade short BAC played out today as I envisioned per chart and post replying to GG below Still bullish on SLV which I have a small position and will add above 14 Thanks for the post today Chief and have a great day tomorrow taking the day off See you on Thursday
    JULIE

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

    BPSPX still short, but it could go either way tomorrow.

    blue ribbon is my neutral zone. longs above that.

    https://uploads.disquscdn.com/images/8d8fe425a2d96885eb6fc5016b6735108c35d553151feee08ed6f62a090b282e.png

  • zzezzezz

    go long like me 🙂

  • https://evilspeculator.com Sir Mole III

    Well I’m still long but that close was ominous…

  • https://evilspeculator.com Sir Mole III

    What happened?

  • Darkthirty

    Do you have a 2860 target on ES?

  • Julie 35 – 25 – 36

    Nice chart GG I use the 8 ema and going above 70 then below 70 bearish
    JULIE

  • Julie 35 – 25 – 36

    Hi D30 SPX cash I have 2850 – 2860 initial target. As stated last night along with you looking for one more leg down to approx support : 55 ema and upper cloud boundary. RSI should be about 40 and STOCHS oversold then too JULIE https://uploads.disquscdn.com/images/2de2cdeaacaad5e612fe6506a30a4e06e0511284dbc6c739e80da53792a9d36c.png

  • zzezzezz

    yes agreed! i got lucky and sold at 2896 and then bought back at 2880.

  • Darkthirty

    Looking at 2911 as next top, (4 of 1) and 5 – 2860 or so as bottom after that. Other scenario is down to 2840, with 4 already complete.bull count says this was w4 and is completed

  • Julie 35 – 25 – 36

    D30 Click on chart above you will see that both conversion line (8) and baseline (21) are at 2908.36 matching closely your 2911 2908.36 very strong resistance on a subsequent bounce
    JULIE

  • Darkthirty

    Just using symmetry and fib retraces for targets….

  • Darkthirty

    Who held your beer?

  • Darkthirty

    Good hit! I used Wednesday exp puts and caught the whole run. What are you using to catch the turns?

  • Julie 35 – 25 – 36

    AAPL Breaking below a lower channel trend https://uploads.disquscdn.com/images/4dbdb6188e2ae8cdbc6ec502da55f49dff4d5441cfb0ef64555fa9281a43e392.png line is a sell signal.Today a failure at it’s 5 ema. The negative divergences RSI and MACD suggest a drop to the 55 ema or lower Support will coincide with the rising 55 ema and upper cloud boundary Let’s see what happens with AAPL Guys which is a market leader JULIE

  • Darkthirty

    Loaded up puts 1/2 hour before expiration and caught 16 points

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

    GG Lower highs and lower lows … Pizza (occasional) for dinner tonight SLV Ya gotta love it GG Bullish falling wedge and today’s pullback on light volume SLV 60 min chart a consolidation above the cloud to alleviate 60 min overbought and now oversold. Checkout the MACD and STOCHS coiling for a nice move higher Ya gotta like this one GG GLD same pattern Also SLV not shown PMO now above it’s signal line https://uploads.disquscdn.com/images/3f8d7f51c77b5c428e69a6f447196aa88406a29dce5de1c1bece139e35ee4d19.png
    JULIE

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

    wedges become channels.
    find a channel! think creatively!!

  • Julie 35 – 25 – 36

    GG and Everyone We can make a killing on a short squeeze LCI the most shorted stock NYSE with over 75% of it’s float shorted.Targets on present decline (1)7.04 (2) 6.19 – 6.25 (3) 6.00 – 6.04 We play it on the 60 min with a reversal bullish break above 60 min 8 ema ; STOCHS 8,5,3 going above 20 and a MACD bullish cross above it’s signal line JULIE https://uploads.disquscdn.com/images/8f30266e482f3e65ed7250d1bd1b6135835a323ef719abf7097f83ab940d2801.png

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

    You want to play a short squeeze while we are up in the death zone?
    I’d sooner bungee jump a balloon over Everest.
    (put the wine down)
    pass.

  • Julie 35 – 25 – 36

    EWG (ETF for $DAX) Guys the bounce off 28 support snubbed at a resistance zone and declining 21 ema . NOW very important reading the tape .. Observe the high volume today with a small candle closing approx mid range What does this signify ? It means sellers meeting buyers at the resistance and 21 ema. https://uploads.disquscdn.com/images/4871041b2cc0a769dccf37629615e975b25f12f56f2a2e08f81b227e900ad0e1.png EWG breaks below lower trend line ; 28 support and 55 ema will have serious implications for our market. Previous post on previous thread I stated to watch the $DAX. I watch EWG too as it shows volume JULIE

  • Julie 35 – 25 – 36

    GG Them shorts gonna get squeezed ! I will nail it !
    JULIE

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

    sounds like a Hammer searching for a nail.
    good luck! Consult with Grizz first.

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

    Julie,
    NVTR a real winner. LOL.

    https://stockcharts.com/h-sc/ui?s=NVTR&p=D&yr=1&mn=0&dy=0&id=p36898846186

    edit: play for a gap close.

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

    or VTGN

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

    or FRED

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

    you should know that a Market rollover takes the weak out first.
    real pieces of cow patty.

    The strong are the last to go.
    just sayin.

  • Julie 35 – 25 – 36

    GG Perfect example of a gap down Give the stock approx 5 trading days to settle down as institutions are evaluating Never jump in and attempt a bottom fish expedition. Just like INTC now. A stock must get above it’s 5 and or 8 ema’s after a large gap down. INTC is also an example presently
    JULIE

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

    INTC daily is at RSI 29.6 – dangerous stuff.
    never bottom fish around 30
    wait for RSI 32 and divergence/technical reason.

  • Julie 35 – 25 – 36

    GG Bull markets the railroads are the last to fail in an economic cycle. They are domestic and do not go to China or Japan. My husband would follow waste products hauled by the rails. When that started to decline Curtains Baby. Also electricity use and West Coast Longshoremen hours worked
    JULIE

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

    FDX, nice try, but back at the gap close & median.
    remember today’s Post about “fools rush in”.

    https://stockcharts.com/h-sc/ui?s=FDX&p=D&yr=1&mn=1&dy=0&id=p25890042189

  • Julie 35 – 25 – 36

    GG FDX A little wave wanking here Shame on me ! A corrective 3 waves up from December A perfect ABC and qiute often the B wave is a consolidation
    JULIE

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

    yes, electricity use. How could I forget.

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

    GG Again The perfect short SPX is a bounce to a lower high as this rally is kaput IMO We short the lower high and let er ride ! The financials lagging along with under performance of world markets Lookout below ! Crash helmets advised !
    JULIE

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

    sure. but let’s see the HYG back off first.
    @#$%#@$%

  • Julie 35 – 25 – 36

    At one time Barrons published electricity usage
    JULIE

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

    can’t have real stats, so people can make real money.
    no siree. keep the sheep dumb, and uninformed.

  • Julie 35 – 25 – 36

    GG The Hedgies https://uploads.disquscdn.com/images/d86b5b47fc31fecc23c095d84593acfbf5614dcd79d060bb4940de0f58b3df32.png GVIP a move lower the conversion line (8) will cross below the baseline (21) producing a sell signal JULIE

  • Julie 35 – 25 – 36

    GG Almost 11:00 pm time to call it a night The lion is stirring and roaring See you tomorrow GG
    JULIE

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

    yeah, don’t get in a hurry.

    https://stockcharts.com/h-sc/ui?s=%24BPSPX&p=W&yr=5&mn=0&dy=0&id=p79396220875

    this could go on for a few months. before becoming ‘serious’.

  • Julie 35 – 25 – 36

    Yes GG Tops are a process
    JULIE

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

    and we knowing nothing about process.
    LOL.

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

    Night.

  • Julie 35 – 25 – 36

    SPY Weekly MACD 5,34,5 goes above 10 my signal to really pay attention.for blow off top https://uploads.disquscdn.com/images/f20308f7d5fe95dcb1099244c403557113a475ea998898290e73c80e24fcd44e.png Going up to 10 and reversing can instill a correction JULIE

  • Julie 35 – 25 – 36

    Using Raff Regression you must have a starting point and bring it up to present price As you can determine present SPY level mid line and must go above
    JULIE

  • Julie 35 – 25 – 36

    SPY Another weekly chart You can see at approx 5% above it’s weekly 21 ema corrections can occur You can also see the SPY decreasing volume Markets can fall under their own weight JULIE https://uploads.disquscdn.com/images/10a1d8e3ebb7c9670256db1d92511dcb17cfee18b21bc7edc605345df1e6cc38.png

  • Julie 35 – 25 – 36

    My Charts and comments below … Well … The bulls can kiss my 36 inch butt ! !
    JULIE

  • zzezzezz

    stopped out for a loss

  • zzezzezz

    nope! stopped out for a loss.

  • zzezzezz

    Long /ES @ 2858.25

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

    Not sure if Captain will comment cleaner today.

    “Channels, not wedges”
    https://uploads.disquscdn.com/images/2cf29a615e30e2f755d41af3bdbd817e6d5c18d1824a905ca034fd829c5c027a.png

    and a theme song for today, if we’re lucky.
    😉

    https://www.youtube.com/watch?v=ZarmRLa2p9Q

  • Mark Shinnick
  • Mark Shinnick

    …looks like chewing into volume hole.

  • ridingwaves

    Getting close….I would make a good bear….but I’m a dolphin….closes the gap…
    ridingwaves Mod • a day ago
    2835 SPX is good place for the bear touch then turn…..

  • Mark Shinnick

    idra hanging pretty resilient.

  • ridingwaves

    support below now thick with the 25-50 pushing above the 100, I see a big spike if any news to gap, but much higher is definitely a possibility…float is small with heavy institutions…

  • HD

    what a hit! sell in May has been perfecto

  • HD

    If you don’t like equities the rally in BTC has been excellent.

  • Mark Shinnick
  • HD
  • HD

    HWB is trading

  • ridingwaves

    went L…spx, rut….

  • https://evilspeculator.com Sir Mole III

    Hey guys – ‘incomplete’ – no kidding!!

  • HD

    nice! they let us sell 2900 3 times. quite technical so far.

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

    well, most of your trades are on ‘porpoise’.

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

    maybe you should have used a burning French church.
    {smirk}

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

    dam it.

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

    cool chart!

  • ridingwaves

    its all about the margarita chart….with salt….

    still room for few more points down but I’m always early….so I learned to live with it…

  • Dyellowflash

    anyone dares to grab a long?

  • Dyellowflash

    25560s

  • HD

    There’s a lot of pressure for real companies when a phone app gets a $24B valuation.

  • ridingwaves

    raises hand slowly

  • HD

    yes, playing with the houses money though.

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

    not as cool as your Mountain desert peak graphs.
    😉

  • HD

    SPX rallied 30 handles off the .382

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

    nope. but I’m not perma bear.

    if it’s above VWAP, I’m no fool.

  • zzezzezz

    Same…

  • zzezzezz

    🙁

  • Dyellowflash

    So far so good. Entered the Dow at 25564, SL now is the day’s low at 20s. Just 3 mini contracts of house money too.

  • HD

    That’s the way to do it!

  • Julie 35 – 25 – 36

    Taking profits BAC short @ 55 ema SLV fills May 3 gap
    JULIE

  • HD

    The VIX opened May 12.86 IV of 3.7% 2841. not saying it’s over but.

  • BKXtoZERO

    Arg…….

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

    it’s only -400 DOW points.
    but hey, it’s a slow day!

    https://www.youtube.com/watch?v=dsx2vdn7gpY

  • Julie 35 – 25 – 36

    SPY 60 min chart I may grab a long going above lower channel line (back into channel) and VWAP
    JULIE https://uploads.disquscdn.com/images/aef4feef34ded271b0f876e4ee817d0781c36d767a7e0e306a83c77adc7b503a.png

  • Julie 35 – 25 – 36

    BK SLV closing above or at 13.84 is a save Hang in there
    JULIE

  • Julie 35 – 25 – 36

    SLV Closes the May 3 gap and bounces immediately Positive closing at or above conversion line (8) @ 13.84 JULIE https://uploads.disquscdn.com/images/42191bb1bf37b793cd6087d85ae4dadc55da1a8e2f15206f55d28c11e64effb4.png

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

    Zero seems to be high on Viagra on the upside? I am referring to the 5m

  • BKXtoZERO

    I have more NUGT than silver… Just missing box that posses me off. EVERY MKT HIGH my wife gets involved….what are you doing with your 401k???? I just bought my new car and she was bugging the he’ll out of me about my 401k. I missed my year. I got to flat after being down a little and pulled it off to be respectable. Jeez.

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

    QQQ’s, switching to half cycle.

    There’s a good chance the median holds. RSI will attempt to move back up to 50.
    after that, is beyond me.

    If you are an independent trader, consider yourself blessed.
    I’m so tired of these office monkeys.
    https://uploads.disquscdn.com/images/6a771e684aa8954e33ea4556c51f670d916ba906b853a27cccd946ac03ac4124.png

    I’ll be out most of the day.

  • Dyellowflash

    wow. mkt poke up 100 pts on the dow, 3 mins after my comment.

  • Dyellowflash

    I was pondering a short for the day but nobody in their right mind would short on that kind of zero 5m signal… https://uploads.disquscdn.com/images/abeee727fe4e4c9a6f9c020db8df48c427934f707f4f9416ab9dd7c57c2f929c.jpg

  • ridingwaves

    those look weak…..I just need tequila with some ice…

  • BobbyLow

    Probably best to give bland non-specific answers like “I’m doing OK” or “not bad”. It might be too late to change things but only another trader can understand the ups and downs of this business.

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

    what’s the latest tweet?

  • Julie 35 – 25 – 36

    Yes GG Also INTC was not able to get above it’s 5 and or 8 ema’s
    JULIE

  • ridingwaves

    Kardashians to be announced for open positions at federal reserve, printing money out of thin air and junk is there expertise…

    can’t wait for the robe change…

  • Julie 35 – 25 – 36

    SPX The bounce off upper cloud near a strong support and a minor gap window I have not gone long yet Will post when I do JULIE https://uploads.disquscdn.com/images/eca421468efa30de6780aec45b0f641faaf6a0571a50c40240e95ffe31ee9743.png

  • HD

    There’s ur 30 handle rally 🙂

  • BobbyLow

    Kim has plenty of reserve in her rear end – probably enough to last the Fed another 10 years. 🙂

  • Julie 35 – 25 – 36

    Now long SPX It could pull back a bit as 10 min chart overbought. Nice volume SPY on bounce
    JULIE

  • Julie 35 – 25 – 36

    SPX Initial target 2895.26
    JULIE

  • zzezzezz

    ok, 10+ handles back into positive territory now 🙂
    still holding long /ES

  • Dyellowflash

    Shorted 7 contracts. Feeling really sick. Got to go sleep and let it ride or die on its own. Really tough trading the US index. My hrs here is inverse of US hours. Thats 1.20am over here. GG https://uploads.disquscdn.com/images/59d00c113dc6cdb88fce867b4e1308bead4ff70709cb08665a98ee7ba18259e2.jpg

  • zzezzezz
  • BobbyLow

    Must have puckered a little on that one. 🙂

  • Julie 35 – 25 – 36

    Guys FWIW Whatever time frame you are trading wait for the candle to close. I am sure we have all been burned on that one and learned that lesson the hard way LOL!
    JULIE

  • Julie 35 – 25 – 36

    SLV Hanging onto important 13.84 and 60 min VWAP on bounce filling the gap
    JULIE

  • ridingwaves

    and then some…..still don’t know how they became what they are…and I was living in LA during the OJ trial, edit-I think of Robert Kardashian as the family, not too far from Bundy, where it all took place….

  • zzezzezz

    yup!

  • zzezzezz

    Sold /ES. 100% cash.

  • zzezzezz

    short /ES @ 2865.75

  • Julie 35 – 25 – 36

    Hi Z .. Jack Be Nimble … Jack Be Qiuck !
    JULIE

  • Darkthirty

    That’s why us ADHD people use minute charts ………..

  • Mark Shinnick
  • ridingwaves

    took at gamble on CPRX at 2.30, beat up last 3 days, 6.13pps on Monday, on FDA allowing another company selling similar drug to different age subset. The subset population is not even targetd by CPRX FDA approval. Bernie Sanders raged about this drug price in media, so the FDA out of nowhere approved one that has not been thru same clinical trials, same steps…

    The down move comes when CPRX is in quiet period before ER on Monday, they can’t push a PR stating the targeted audience, legal actions etc. To me, this looks like a huge hedgy-short fund take down, I bet on move back up after ER monday and conference call. Wall street is evil this way…..

  • Julie 35 – 25 – 36

    Guys Not sure if anyone noticed this discrepancy VIX There was a heads up with SPX going up coinciding with VIX going up indicating fear creeping into the market with SPX advancing JULIE https://uploads.disquscdn.com/images/35d68f7c5820b89ef5e4eba9a85dbdd55892efee40fe9d6e61c501a86c1336b6.png

  • BKXtoZERO

    Yes. I noticed…mentioned here….vix was series of higher lows near the MKT peak.

  • Darkthirty

    2840 was a good target. Are we back to BTFD till 2933? or is it 2905.5?

  • BKXtoZERO

    3020

  • Julie 35 – 25 – 36

    Hi D30 I have 2895.26 as a level to watch … Initial target.This a.m we got the one more decline we were looking for
    JULIE

  • Darkthirty

    What is your rationale for 2895.26??

  • Darkthirty

    Found another possible at 2880

  • Julie 35 – 25 – 36

    2895.26 are the conversion line (8) and baseline (21) in SPX chart posted one hour ago below I basically use Japanese technicals i.e. The Ichi Cloud Heiken Ashi etc. IMO superior to western T.A. I use Westen Chart patterns ‘ fib moving averages and resistance and support
    JULIE

  • Julie 35 – 25 – 36

    D30 2892 is the daily 5 ema closely matching 2895.26
    JULIE

  • BobbyLow

    Julie, I’ve been burned too many times not waiting for a candle to close before making a move so I have a big sign on my desk that reads “Let the FKG Candle Complete!” 🙂

  • Mark Shinnick

    Rudimentary baseline requirements not met to qualify you for trading :/

  • Julie 35 – 25 – 36

    I hear ya BL .. An important lesson for pros and newbies alike
    JULIE

  • Darkthirty

    The daily looks to be about 1/2 way to the bottom. If you notice, when the MACD penetrates the 0 line there’s always a stall/minor reversal. Caveat.. everything that is working now, e.g. fib retrace, TA, et al, is useless when the algos/bots are re-engaged…….

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

    ..such a Spock.

  • Julie 35 – 25 – 36

    D30 The MACD center line quite often corresponds with the 50 sma or 55 ema in whatever time frame is used That is why the stall and an important level to watch
    JULIE

  • Julie 35 – 25 – 36

    EDIT MACD center line
    JULIE

  • Darkthirty

    Thanks, didn’t notice that

  • Darkthirty

    I can see 2894 as 50% (HWB) retrace of completed? previous, without w1 overlap.

  • zzezzezz
  • Darkthirty

    Big picture retrace would be 2102.5. It’s been a relentless, manipulated ramp for 10 years

  • Julie 35 – 25 – 36

    SPX 10 min chart Above cloud with moving averages in bullish alignment. Also MACD above center line and VWAP. Next hurdle is a down trend line and may pullback at the down trend line BUT the bounce this a.m looks impulsive so far All systems go esp daily chart short term oversold and bouncing off a support level ; 55 ema and upper daily cloud corroborated by SPY volume 60 min chart Shown SPY 10 min chart Also positive MACD divergences on 30 and 60 min charts this a.m This was not the case with the phony bounce on Tuesday https://uploads.disquscdn.com/images/9fb82632a508ff8729c77585c76b345bf4543eeab88000b8d2b47f6785ac29e8.png JULIE

  • BobbyLow

    “To thine own self be true.” (William Shakespeare)

    The most important thing I learned from Scott was to think about my trades, why I did what I did and how to tell when I was going off the rails with my trades. This came to mind after trading my newly found El Cheapo Futures. After I began trading them, I began using faster and faster time frames and was eating them up like candy. This led to a severe case of over-trading. I had to ask myself WTF was I doing. Just because these things trade 24 Hours a day, I don’t have make 5 – 10 or more trades per day. It didn’t take that much time before my effectiveness turned to shit. Anyhow, I’ve spent the better part of yesterday and today re-doing my strategy on how to trade these futures and have put them back on 3 Hour Charts.

    I have to remind myself that I am not a Bot. Speaking of which we used to have a guy here from the mid west who would make trades at all kinds of different times throughout the day. He would also post trades all night long. We thought either he did not need to sleep or he was a Bot. He’s no longer here and I can’t remember his name maybe GG can remember the name he used.

  • Darkthirty

    Chart looks like fruit salad! or is that your lunch?

  • Darkthirty

    ES bear flag? or EDT

  • Mark Shinnick
  • Julie 35 – 25 – 36

    SPY Pulling back from the down trend line mentioned to watch for in post and chart below
    JULIE

  • Mark Shinnick

    Was that a d cat bounce?

  • Darkthirty

    reversed at 382

  • zzezzezz

    covered. got me 5 handles.
    100% cash.

  • https://www.youtube.com/playlist?list=PLEx52bnnbLmh2dnV_Vyq1ErXT79LSU6pT xenoson

    Tight stops on the 3 lots hit, 1 lot in the green. What’s wrong? Decent pullback entry imo.

  • https://www.youtube.com/playlist?list=PLEx52bnnbLmh2dnV_Vyq1ErXT79LSU6pT xenoson

    You were bearish all year and today you are long?

  • Julie 35 – 25 – 36

    I do not think so Mark
    JULIE

  • Darkthirty

    Thinking it might be a retrace before EOS ramp… be careful

  • BobbyLow

    Last couple of days have been more nasty than usual with a fake-out between 3:30 PM and 4 and a reversal head fake on the futures at 4 PM for the next 15 Minutes.

  • ridingwaves

    AGEN is active again

  • ridingwaves
  • Julie 35 – 25 – 36

    RW EXAS today bouncing off trend line ; support level and 21 ema but volume lackluster I am watching ARRY
    JULIE

  • Julie 35 – 25 – 36

    SLV closes @ 13.83 close enough to 13.84 and holds VWAP @ 13.83 Filled gap this a.m then bounced Holding small position long Next hurdle is 5 ema @ 13.89 one cent above today’s high Tomorrow if closes above 5 ema will add then add more above 13.99 which will be a breakout
    JULIE

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

    back from a long lunch. Feels like I missed something.
    like routine

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

    “Oprah on baked Ham”.
    ROFL.

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

    It doesn’t look like Tuna on Toast.

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

    looks like a buy …

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

    looks like a setup.
    reenter at 86.10? or 86.20?

  • Darkthirty

    getting 2896 as a symmetrical retrace….

  • Darkthirty

    Smells like tuna…ya shoulda ate it sooner

  • Julie 35 – 25 – 36

    TLT Today a bounce off it’s 5 ema and support Going above 61.8% retracement is a real positive. Be careful equity Bulls I am very cautious with a long SPX today. Target SPX 2895.26 Everyone Have A Great Rest Of Day ! https://uploads.disquscdn.com/images/a5bca8c56eba63c0b415cae7410ddce41467767f710aa8d0d10eb88aa6454b9e.png JULIE

  • Darkthirty

    reserve ASSets?

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

    ..his name was Skynard. His avatar was 333, ‘only half as evil’.

    https://evilspeculator.com/equities-addicts-update/#comment-1007231320

    He used minutely charts. He would post, and be in and out of a trade before we could reply.
    which became totally nonsensical. No one dared follow him.

    I may be incorrect, but he was trading like a madman to get his brother’s lost equity back.
    Yes, revenge trading. When he succeeded, he disappeared.

  • BobbyLow

    Yep. That was him GG. Thanks for posting a trip down memory lane from 6 years ago. 🙂 I scrolled down that page and found 9 people who are no longer here. Some were casualties and others might have just moved on for one reason or another.

  • zzezzezz

    Short /ES @ 2876.50

  • Darkthirty

    Da fuk wuzzat? 7:24 Bam!

  • zzezzezz

    Wtf

  • zzezzezz

    Jinx!

  • zzezzezz

    News? Monkey business?

  • zzezzezz

    Shorted more @ 2885
    Removed all stops.

  • Darkthirty

    instant 5 pt rebound… Might throw on a Friday exp lotto ticket straddle. Damn bots are coming undone! Called 2896 a few hours ago…lets see. ii of 3 of 5 mebbe

  • Darkthirty
  • Darkthirty

    Tariff fluff, and yeah, spooked the algos

  • zzezzezz

    Thanks

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

    Geez, that’s a blast from the past. I might actually have his email address.

  • zzezzezz

    Having heart palpitations

  • Darkthirty

    With the AH market being monitored, they can do as they want, due to low volume. Stay sharp

  • zzezzezz

    Moving stops down

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

    I’m absolutely fascinated by this cat-n-mouse game.

    Maybe 89 is the ‘new 69’?

    It *is* a prime number.

    https://uploads.disquscdn.com/images/de892e40f2947a19d9f7a98207214e273548a819b8bc308c6d32df8525560aee.png

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

    ..not sure if Julie will stop by, shoveling the snow and all.

    but that Fib Arc ring, nailed it. and the fib fan, not too bad.
    with a little finish at 89ema.
    I’ve seen this sh!t before.

    LOL.

    https://uploads.disquscdn.com/images/6a08216e1b3cf6a366b0de00460924b9424b6caa5f27ae0214642a1767b4cf26.png
    One Ring to Rule them All.

  • zzezzezz

    Moving stops to break-even

  • Julie 35 – 25 – 36

    GG Hi Glad you are on board .. Pretty much fave a plan GG Don’t go GG Compose next post OK ?
    JULIE

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

    Huh?
    hurry up, I gotta P3.

  • Julie 35 – 25 – 36

    It’s gonna take a little bit Charts are ready tho. Will post new above
    JULIE

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

    take your time. I just hope Grizz made you dinner. 😉

  • Julie 35 – 25 – 36

    I made dinner GG LOL!
    JULIE

  • Julie 35 – 25 – 36

    SPX Weekly charts we trade GG for a longer intermediate term trade i.e. let er ride OK IMO Correction now As you can see previous corrections down to STOCHS 21,1 @ 20 No different this time Correction a minimum 38.2% Dec low to present high 38.2% correction aligns closely with weekly 21 ema and a fib fan line 50% correction aligns with the upper cloud boundary 61.8% aligns with the 144 ema and lower cloud boundary I have a long position today target 2895 EZPZ GG JULIE https://uploads.disquscdn.com/images/657d9f6665ac3038db7af3325cdc1a70f0f7a7bf89ba8f50254c22d564476977.png https://uploads.disquscdn.com/images/51d4fac4b50a69b9243babc344484f2c9d1b93addf5c52fe16919950e45264e0.png

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

    I’m not sure how you can have a long when RSI is at 55, and the MACD is crossing over.

    edit: 2825 on the weekly, by elevator is easy to achieve.

  • Julie 35 – 25 – 36

    Short term oversold daily chart bounce off the daily upper cloud boundary and daily 55 ema. Plan was to short lower high but nay not occur this week target was 2895 May take a small loss BUT SLV bounces will even out There will be a short term bounce to a lower high to short for the intermediate term plan The futes may bounce tonight Who knows /
    JULIE

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

    yes, who knows?

    21,55,89
    21 violated, 55 holding, 89 awaits.

    https://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=1&mn=0&dy=0&id=p29473414507

  • Julie 35 – 25 – 36

    GG We did get the bounce today as expected but I thought it would go higher tomorrow
    JULIE

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

    yes, it could. but I have a different lens than you.

    look at my Heiken. the median is LAW.
    below the median? no longs.

    https://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p20902153827

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

    I avoided so so much pain December by that rule.

  • Julie 35 – 25 – 36

    Futes have bounce almost even now … Plan tomorrow may still work
    JULIE

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

    yeah, that’s a problem with me. I miss a lot of intraday stuff.
    like today. many, many? made money on the upside. I can’t play that game.

  • Julie 35 – 25 – 36

    I nailed the whole move down from September to December but balked on the way up Unbelievable rally Not even a 38.2% retracement which I was looking for on the way up Did not lose anything tho on sidelines
    JULIE

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

    I sidestepped the whole down move. caught a piece of the up. but not enough. It’s a truly wild part of the last 5 year chart.

  • Julie 35 – 25 – 36

    My trades too GG are a little longer too like you
    JULIE

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

    If I had a pile of money. I could have separate books. one for intraday, one for swing, one for investments.

  • Julie 35 – 25 – 36

    GG Another item $NYSI Going down to 400 is associated with corrections Wheb this occurs it will be our confirmation of the longer term let er ride
    JULIE

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

    I met with some Intel contacts. You have contacts?

  • Julie 35 – 25 – 36

    Investment GG is our weekly 10 and 50 ema’s or 8 and 55 ema’s RSI (27) and STOCHS 50,3,3 along with the STOCHS RSI (89) My 401K at work NICE nails the long term beautifully
    JULIE

  • Julie 35 – 25 – 36

    I do GG in Oregon and talk to them frequently. They are being run into the ground overworked The INTC way as you well know
    JULIE

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

    What do you knows of the layoffs? 50% of IT in Folsom, is gone.
    Oregon & Chandler are now the IT central core sites.

  • Julie 35 – 25 – 36

    Another big fab going to be built soon at Ronler My understanding the next CEO will be from Oregon As far as I know no plans to layoff engineers in Oregon

  • zzezzezz

    Moving stops down

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

    Good to know. I thought they had their fill with fabs. D1X and such.

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

    GG My husband keeps in contact with IBEW 48 in Portland and INTC told the Hall to get the manpower for a ramp up soon
    JULIE

  • Julie 35 – 25 – 36

    GG The skilled building trades in Portland already a shortage with all the work other than INTC So INTC is a little worried and will offer incentives to the crafts Gonna be plenty of OT for the trades GG and probably renegotiate the wage and benefit packages to attract workers
    JULIE

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

    well that’s good. Jobs for the IBEW guys. good enough for my Father!

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

    yeah. I was raised in it. so when you said Hall, I knew what you meant!

    edit: I walked the picket line once as a child!

  • Julie 35 – 25 – 36

    Neat GG WOW breaking news Tariffs tomorrow will go up as planned China will retaliate That’s why Futes down Oh well .. very small loss possible If not for this trade BS SPX would go up tomorrow GG My dating years I dated a lawyers ; stockbrokers businessmen etc.. Then at a party I met a regular guy Union construction electrician who I knew immediately was the right guy. My dad told me that he was never impressed or really liked my boyfriends. My family immediately liked Grizz LOL!
    JULIE

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

    well, you’ve told me the that. but not the lawyers part. now it makes sense. I grew up around blue collar men, my uncle was a Phoenix firefighter, and my cousin is a Phoenix cop. so yeah, hat tip to your lucky find.
    😉

  • zzezzezz

    Covered. Gained +20 handles.
    100% cash.

  • zzezzezz

    Long /ES @ 2857.75

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

    WHAT!?
    are you Insane!

  • Julie 35 – 25 – 36

    Who knows GG Might not be stopped out tomorrow the open will be interesting as the Futes are seesawing
    JULIE

  • Julie 35 – 25 – 36

    ZZ Yipes !
    JULIE

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

    I mean, just ship the money to me. save you time.
    GG@paypal.com

  • zzezzezz

    Well, I just banked 20+ handles a few minutes ago shorting (see details below).
    I’ll use a bit of it as a cushion for some scalping fun.

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

    just teasin’ ya bro.

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

    more swings than a 70’s party. it’s silly to get too hardcore on the volatility. IMHO.

  • Julie 35 – 25 – 36

    GG and ZZ my stop is loose and a small position not concerned
    JULIE

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

    just need a tweet huh?
    LOL.

  • Julie 35 – 25 – 36

    LOL!
    JULIE

  • zzezzezz

    Anyone volunteer to pull the data set together? Tweets correlated to market movements

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

    Lol

  • Julie 35 – 25 – 36

    GG ZZ Time for sleep You guys have a great night and see you tomorrow
    JULIE

  • zzezzezz

    Good night!

  • zzezzezz

    Moving stop up

  • zzezzezz

    Moving stop up

  • ridingwaves

    the trade war is the least of US problems…..its the southern border…..US citizens no matter there views better wake up, 1 % of 2 countries populations have come up here to reek havoc with citizens wallets via sanctuary city madness…..90% of Americans have 20% of market, nothing….citizen march on DC….Damn, I hope they close the border….More illegal aliens than any mexican army…..

    https://www.youtube.com/watch?v=WW4tHEXfbRI

  • ridingwaves

    nice short to long flip trade tonite.. no deal maybe already priced in, tweet sunday let everyone know what was coming, tough day to short tomorrow with uber ipo….futures could be most of any down move…

  • Darkthirty

    If you had a pile of money, you wouldn’t be here or trading!

  • zzezzezz

    Moving stop up

  • BKXtoZERO

    Soybeans up 3 bucks..

  • https://evilspeculator.com Sir Mole III

    Same here in Spain. Borders are wide open after Pedro Sanchez and his PSOE took over last year. Our cities are changing rapidly and my buddies in the policia municipal tell me that crime has shot up like crazy. Time to move again… but where??

  • zzezzezz

    Yeah crazy

  • zzezzezz

    Sold @ 2865 overnight
    100% cash

  • zzezzezz

    Probably see a drop early on, and then rally to 2900-ish?

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

    Vanuatu?

  • Sp00nman

    That’s freakin nuts..

  • zzezzezz

    NEW POST!!