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The Worst Of Them All
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The Worst Of Them All

by The MoleAugust 26, 2019

Alright, I’m not going to sugar-coat it for you – it’s probably going to get a lot worse before it gets any better. Statistically speaking we are now heading into significant tail risk until late September into early October. Implied volatility in the option chains is imposing a considerable premium in expirations over the next 10 days in particular.

Today alone the market expects a 30 handle move in either direction with no clear trend in sight as we are now at the peak of the summer vacation season and participation has dropped to its seasonal lows.

The Sharpe ratio on the Spiders have us in a statistical sea of red highlighted however by the second most bullish week of the year after everyone’s back from vacation. Something to look forward to if you’re long equities.

What you are looking at above strongly suggest that we are in the worst market type of them all:Β A high volatility sideways market. The majority of retail traders get punished in exactly these types of conditions as they are lured into chasing large moves and then end up reversing at the worst possible time.

I’m not saying it’s impossible to be profitable here by playing the swings, but you better know what you are doing and your timing better be spot on. If in doubt deploy half your usual position size and increase your stops by at least 50%.

If you’re trading options DO NOT – I repeat – DO NOT be long naked calls as potential vega crush will stomp on your premiums.

In a HV sideways range like this In/Out spreads (long 1 strike ITM and short 1 strike OTM) on the Spiders can work extremely well. You’re risking 1 to make 1 in theory and about 0.65 reality, but your odds are considerably better than in a LV sideways market if you give it sufficient time, i.e. one week to 10 days.

Do not underestimate the potential of large moves and sudden changes in direction. Especially since institutional bots have a habit of swinging into action as hedge ranges are being threatened.

To that end take a look at how DVOL kicked into overdrive on Friday morning as a key threshold seemed to be in danger of being attacked.

The SPX:VIX ratio was strongly leading the cash lower on Friday – quite a few stops got whacked during that session as the prior formation at that time looked like a bullish break out pattern. Until it didn’t and any long positions got smashed into smithereens.

A few more considerations about this week’s seasonal statistics below the fold:

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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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  • BobbyLow

    First Bulletin I read on IB this AM was that “Pres said China called and wants to renegotiate” and I thought here we go again. Whatever.

    Yep, a “high volatility sideways market” is especially dangerous for me and really sucks having to choose whether to chase or not to chase serious MOMO in play or not. I did managed to scalp a few points in Pre-Market again this morning and this might be the way for me to trade until this China stuff is over.

  • https://evilspeculator.com Sir Mole III

    This whole f..king China thing is so getting on my nerves at this point. If nothing else it’s going to ensure spouts of high volatility all the way into next year until the 2020 elections.

  • http://www.quemango.com Herb InCebu

    The old Chinese yank -and-spank trick. Don do you want to take this call or tweet?

  • ridingwaves

    stick saves only work in hockey….trying to figure out what market they are trying to save, Europe or US…..

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

    yep it’s a long term thing – the trade war is just the TIP of the ICEBERG

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

    G7 happy ending–$50 tip forthcoming…..:)

  • Mark Shinnick

    Well…this is all still continuation in the mean time with nerves (volatility) being a great way to kick the majority off the bus.

  • ridingwaves

    first 20 minutes short availability rose on TVIX by 500K….

    someone got out thanks to the twit….

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

    short after the vix works its way to 33

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

    S&P up .55%….. VIX up 5.7%…. uh-huh….

  • ridingwaves

    that will work but spike might be 33 target…

  • DaVerg

    it’s going to get worse ??? But here comes (best scene in whole series)

    https://www.youtube.com/watch?v=ISTZYZq1H80

  • BKXtoZERO

    and TVIX down while VIX is up. Something going on there…

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

    actually, I think this is the best one. of course, you have to be very close to your Dad.

    https://www.youtube.com/watch?v=vcOojJ3IVw4

  • BKXtoZERO

    so at least one of us will be happy!

  • ridingwaves

    that tweet might have sealed the deal on 2690…..a some whales were not quite setup correctly tweet….doing it after China markets closed was another rub they will take notice of
    when China wakes up, the tweet will be exposed………chicken little syndrome now in play

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

    I thought you were a FAGIX man?

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

    FAGIX went limp, a long time ago.
    (anybody remember Scott’s pattern? LOL)

    https://stockcharts.com/h-sc/ui?s=FAGIX%3AVUSTX&p=D&yr=3&mn=0&dy=0&id=p03190821381

  • BKXtoZERO

    Pattern wise to my eye, expecting more up… but THE WAITING is the hardest part: https://www.youtube.com/watch?v=QpG09PenZt8

  • Julie 35 – 25 – 36

    UNG Yes Almost a 3% pop this a.m Taking 1/2 off into the 50 sma. Stop on remainder B/E. The Chief said that China getting on his nerves.The futes dropping 35 pts and come roaring back.is complete manipulation and getting old.Hang Em High
    JULIE

  • BKXtoZERO

    Trying TVIX 19.93, I was expecting a higher pop, but this set up also looks valid, tight.

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

    it’s war I tell’ya.

    β€œAll warfare is based on deception. Hence, when we are able to attack, we must seem unable; when using our forces, we must appear inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near.”

  • Julie 35 – 25 – 36

    Trade individual stocks and commodities GG Stay away from the indices :Don’t shoot until you see the white’s of their eyes”
    JULIE

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

    oh, I can see white, I’m smelling smoke too!
    πŸ˜‰
    https://i.ytimg.com/vi/kkaN2cooW0A/hqdefault.jpg

  • Julie 35 – 25 – 36

    Guys What do you think will occur with the markets when the Red Dragon sends the military into Hong Kong as that could be anytime.IMO best to trade individual stocks showing relative strength against SPX Horse poop with the indices.China different time zones and even different day You could wake up with DOW opening 1,000 down.Forget it
    JULIE

  • BobbyLow

    If the DOW opened 1,000 Points down then Individual stocks would be hit too. In any event, this is why with the exception of Oil (that would either rocket or tank under the circumstances you mention, I prefer to have most of my capital in cash overnight.

  • BKXtoZERO

    Oot, very tight. 19.71

  • Julie 35 – 25 – 36

    BL Stocks showing relative strength would not be hit as hard
    JULIE

  • BobbyLow

    Understood but how do you know what the relationship of a drop in the DOW to an Indidvidual Stock would be? If it’s half so a 4%drop in the DOW is a 2% Drop in Individual? 1%? 2%? 3%? Then there’s the question of what sector is the individual stock in? Some sectors might exceed the DOW drop under this senario.

  • BKXtoZERO

    2873 holds the keys to 2890, mucking people around here

  • Julie 35 – 25 – 36

    BL I don’t trust nothing right now Like you I am in and out quicker than an In and Out hamburger If I were to hold anything overnight it would be a small position of a stock and not an index
    JULIE

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

    Ha! I knew it…. The Muck Rakers were raking muck at 2872… feigning death, then pop!

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

    the sound of bear retreats.

  • BKXtoZERO

    I heard the bones cracking through my Tom Petty playlist

  • BKXtoZERO

    Short TLT via TMV at 9.99. I’ll paint any car for 99.99. I will paint over your emblems and whatever 1 news paper and 1 roll of tape can’t cover…. and I will use one coat of cheap paint….. one coat, heavy with runs…. but I will paint it!

  • Julie 35 – 25 – 36

    Guys Buy hogs Pork chops a plenty Bacon tomato lettuce sandwiches
    JULIE

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

    Nice chart Gerb.

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

    Flushed Away, it gets the job done.
    πŸ˜‰

  • ridingwaves

    Ok, are the dinners over and G7 lords dashing home in their luxury flying suites….
    what say u end of the day…I forgot, they don’t eat until 10PM out there…

  • evilasevildoes

    2866666666666

  • BKXtoZERO

    Just noticing the current daily candle forming and looking at the last one like this that formed…. I did a little cut and paste and whatta ya think? do it again? see how they handled the last one. Everyone knows there is no bigger BULL than me.

    https://uploads.disquscdn.com/images/4c106e4fb4575e383a2e840e268639e152234aa82e5434ab61087d13add1dfe3.jpg

  • RoastBeeph

    It’s uncanny how identical the two boxes of daily bars are, good find. It will be interesting to see if it continues to unfold the same way.

    Edit, oh, duh, you copy and pasted them in, no wonder lol. Reading comprehension 101.

  • BKXtoZERO

    Everything in the yellow box is fake…cut and paste.

  • RoastBeeph

    Yep, just realized that. πŸ™‚

  • BKXtoZERO

    He he he….

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

    back from lunch, and “we have liftoff, liftoff of the first POS https://uploads.disquscdn.com/images/9c07419a321d5aa6a53550dd6df696c2edec12c275daa016084540cd3e280e58.jpg
    go back to sleep Market”. {/sarc}

  • https://evilspeculator.com Sir Mole III
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    “it’s Dead Jim”.

  • BKXtoZERO

    You need a new Zero Sir. Call it the Zero.00

  • http://www.linkedin.com/in/sharondsessions/ Sharon

    Awesome

  • BKXtoZERO
  • Mark Shinnick

    Friggin’ needless loss..

  • Mark Shinnick
  • BKXtoZERO

    Ouch…poor milennials. Degrees in social justice not paying off.

  • Ivan Hrusovsky
  • BKXtoZERO

    Year #3 in the plus column for Moi. But past performance is indicative of future performance I think………..

    https://uploads.disquscdn.com/images/87aca4f0c5930a8b5aede3a71ca762b95bf49f13eafd349e3bebfd931128e00a.jpg

  • http://gerb-reloaded.blogspot.com gold_gerb
  • sutluc

    It seems to me that you commented you were flat on the year about a month ago.
    That’s a hell of turnaround in a month, since it appears to be 23% on the balance of your account.

    Large position sizes?

  • BKXtoZERO

    Yes, I was up 10% area, then flat, now up 20. Position sizes are a bit large however mostly intra-day only with some holds. I had a lot of good hits with UGAZ, bonds and did have a larger than usual TVIX position 2-3 times but a lot of intraday. I am always managing the size, back peddling/adding. My timing just got better too. a few years ago I was up 100% but that was pretty excessive… I shorted a few Fed meetings in a row and all were big disappointments and huge reversals.I hit them with large intraday positions that worked and then were left on. I spend some time driving in the fast lane.

  • BKXtoZERO

    Sven from Northmantrader posted this…. this sure does look like the trigger points;
    https://uploads.disquscdn.com/images/b79226c15f5324548407939e1fb067b7561419cdad61d4415ded69864eaf1973.png

  • Julie 35 – 25 – 36

    Disqus logging in ?
    JULIE

  • http://www.quemango.com Herb InCebu

    So we have arrived at the destination πŸ™‚

  • http://www.quemango.com Herb InCebu

    ES – I think a small shot position makes sense here. But maybe goes to 2905 range.

  • http://www.quemango.com Herb InCebu

    GBTC (BitCoin) will it break the support trend line on the third knock? https://uploads.disquscdn.com/images/656267e19fcc4f0f49215d558763926fa0cd07359b1e3c217f8fb08e27415b6b.png

  • BKXtoZERO

    L TVIX 18.82

  • HD

    Let’s be honest, we are all guessing. I’m guessing S at round numbers

  • http://www.quemango.com Herb InCebu

    I guess 2900 on the cash. We got to 2899.5 on the ES. If it happens, I guess I’ll be short.

  • HD

    Me too, GL. No TA works here

  • BKXtoZERO

    Not me… I know exactly lol

  • BobbyLow

    I’ve been staring my trading day a couple of hours before the open. I grabbed 9 more points this morning. My Pre Market start is working at least for now and I’ll keep doing it until it stops working. I understand that this would be difficult to do a couple of time zones away but on the East Coast it’s doable.

    A large amount of price action is happening in Pre and After market Trading. Because of your location, After Hours might work?

  • HD

    Always on here

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

    https://uploads.disquscdn.com/images/fbefcf0c0a3c55c4047f56a1a3c0177a35e4d0209c306cde26203420cf32a39c.png Direction, yeah.

    Range, Hell No. what’s the matter with you?
    If the Market wants to shit it pants, cry, sleep, play – I can wait.
    I know right where it’s at.
    πŸ˜‰

  • BKXtoZERO

    I was just expecting a good amount of take back on the sell off, 2900 was a fib, this morning just quickly drew 2 trendlines on futures ramp, was thinking maybe 2905
    https://uploads.disquscdn.com/images/993e7dc35d2ec66edad55e3cf7c361957dbef26005dd4f9c1788ecbd05f462d5.jpg

  • HD

    All I wanted was 100 handles from 2929, done. Looks like new wave

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

    BTW, another reason I’m liking Pre-market right now is that it seems like I’m dealing with fewer Bots. πŸ™‚

  • BKXtoZERO

    DRV right back to my entry… a case for taking profits when presented

  • HD

    10 HanDles

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

    closed bond short from yesterday TMV 9.99 to 9.78, small ding

  • BKXtoZERO

    No bigger jerks than real estate jerks. always seems like a good idea but they never go away do they?

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

    I’ve done well to keep away from them. Now insurance jerks, ugh! every birthday he calls to remind me of sh!t.

  • BobbyLow

    You do a good job playing reversals. I suck at it so I’m sticking with MOMO. My 9 was on the upside until MOMO began to fail after the 2899.5 High. Price is struggling right now.

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

    oh, I also wanted to say, with the event of the Internet and social media, why the Hell do we have to pay out such high percentage sales cuts?? think about that ONE. the job is easy peazy nowdays.
    πŸ˜‰

  • BKXtoZERO

    I have seen a few online seller sites that use regular listing services and are way cheaper

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

    me thinks that’s the future. Carvana for houses. House-vana!

  • BKXtoZERO

    Gerb, you remember we talked about Jim Willie?

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

    no. refresh me. I’ve read a few articles of his back in the day.

  • BKXtoZERO

    out of half TVIX 19.76, from 18.82

  • BKXtoZERO

    well, guru status guy that he is… last podcast on TFMR, he was begging for donations. He said he got ripped off down in south american in real estate scam and a few other scams, construction etc… the smartest guy, got taken to the cleaners. unreal.

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

    let it cross, pull-back to support, then reach new highs before close.
    go go go!

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

    Another example of ignoring guru’s. be your own analyst.

  • HD

    Buy dips and sell rips

  • Mark Shinnick

    That business seems to attract the narcissists.

  • BobbyLow

    That can be easier said than done. πŸ™‚

  • BKXtoZERO
  • BKXtoZERO

    Real Estate Jerks 1/4″ away from closing gap/being punished…

    OK, no more posts from me for a while…..

    https://uploads.disquscdn.com/images/481eeca27752d6b218093e4966e11d1987005f54ed8ba65640cf957897eb91c6.jpg

  • Julie 35 – 25 – 36

    There are stocks showing excellent relative strength that can be bought on breakouts or pullbacks CMG Indices no way right now
    JULIE

  • Mark Shinnick

    I have less-and-less belief that normal market hours will afford opportunity for the lowest risk positioning; that whatever triggers in this zone will leave most behind. Already, so many have stepped-away into wait and see.

  • BKXtoZERO

    china announcing retaliation during MKT hours is now financial war. Everyone was coordinated/playing nice, going by script……. no more.

  • BKXtoZERO

    you may have your answer today

  • Mark Shinnick

    Yes…there is still plenty of time for some big wave hitting today. Break ES lows today will change the game.

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

    we can win there but you need to hit them right on the head with the gold bars

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

    OMG, minutely?
    Only the fine nerves of a full running back from Polk High School could handle that.

  • Cyd

    What if the U.S. reneged on the 1.8 trillion in treasuries that China holds ?
    Cyd

  • Ronebadger

    Fine with me…

  • BKXtoZERO

    The EXACT second Gerb. Remember,I scored 4 touchdowns in a single game.
    https://uploads.disquscdn.com/images/8998c9df3a28f8e9985911e975e4d7311da41dc31d9541709c7c1bf9bf878f3a.jpg

  • http://www.quemango.com Herb InCebu

    I wanted to get some and missed because of all this China racket. Silver chart looks like a momo stock. One bull flag and a blast off after another.

  • http://www.quemango.com Herb InCebu

    SPX is a few handles from crapping out. IMO

  • Mark Shinnick

    Times like this…so pregnant with possibilities; its usually those possibilities that have crapped-out.

  • Julie 35 – 25 – 36

    GG The Evil Empire wishes they never built a fab in China according to my last communication with former co workers
    JULIE

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

    let’s see – have sold into this rally – even if it goes up from here stops are close – in at “good” prices – so far!

  • Cyd

    This could be E leg of a bear flag
    Cyd

  • Julie 35 – 25 – 36

    GG Read an article that the average temp this summer daytime in Phoenix is 106 and Las Vegas 105 Is that bikini poolside weather or what
    JULIE

  • https://evilspeculator.com Sir Mole III

    Hey guys – what’s up? Market still running in circles. Can’t wait for the summer to be over!!
    https://uploads.disquscdn.com/images/4dcb08941b90e01e1cd1e3d5268e2debad0f25d0d3cdb5278a6be7cf216b3e65.png

  • Sp00nman

    Russell knocking on ~1450 again. Going back 3 yrs this is an important level. Russell obviously the most bearish index. Ten year also putting in a new high today.

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

    or what. I think they call it full psychological nudity. It’s bath water essentially.
    πŸ˜‰

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

    Mental M.
    pass the K-Y.
    LOL.

  • Julie 35 – 25 – 36

    Hi Chief sitting on hands. Have one open position 1/2 long (took some profits yesterday at the 50 sma) UNG which opened lower this a.m and has been bought Stop on remaining is B/E
    JULIE

  • https://evilspeculator.com Sir Mole III

    The entire media conglomerate is in China’s pocket. Say what you will about Trump but China needs to be crushed or we all are Hong Kong in a few decades. Just ask our Canadian neighbors…

  • https://evilspeculator.com Sir Mole III

    Nice going – gotta pick your markets.

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

    prefer summer for the weather – hate dark mornings and evenings !

  • https://evilspeculator.com Sir Mole III

    I prefer fall and spring – even winter to some extent.

  • HD

    Cha Ching !$!$!

  • BKXtoZERO

    Seattle has been perfect, not too hot, sunny, no humidity, no bugs, perfect tvix weather

  • HD

    ES 55 is HWB

  • https://evilspeculator.com Sir Mole III

    Maybe it’s the weather here in VLC – way too humid during the summer. Winter is better as temperatures rarely drop < 6 Celsius.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • https://evilspeculator.com Sir Mole III

    So I have been eating like a pig over the past three weeks and trained as much as I could. Gained back whopping 6kg – 13 1/4 lbs – most of it in muscles. So I’m back at 76kg right now – aim is to hit 90kg by the end of October.

  • https://evilspeculator.com Sir Mole III

    Working out in the first week was brutal. Felt like I had never hit the gym in my life. I’m back to about 60% of my strength, meaning I look bigger than my actual strength. I guess it’ll all normalize over the next two months.

  • Julie 35 – 25 – 36

    One word Chief YAY !
    JULIE

  • https://evilspeculator.com Sir Mole III

    Can’t look like a wimp if I’m to move to Montana πŸ˜‰

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • https://evilspeculator.com Sir Mole III

    Although WY looks tempting as well. So much space and people are vehement about being left the f…k alone.

  • https://evilspeculator.com Sir Mole III

    Snarf snarf snarf…

  • Julie 35 – 25 – 36

    WY is beautiful Chief Lander and Cody are affordable as other places in the Cowboy State.Jackson Hole not so affordable MT is getting expensive esp Bozeman and Missoula
    JULIE

  • http://www.quemango.com Herb InCebu

    Montana, where the men are men and the sheep are scared!

  • Julie 35 – 25 – 36

    Clarification real estate getting expensive in MT Bozeman Missoula Kalispell
    JULIE

  • https://evilspeculator.com Sir Mole III

    Cracks me up that gold is in the news everywhere now. It’s on ZeroHedge every day and I’ve seen it covered a lot in the German media:

    https://content.screencast.com/users/evilspeculator/folders/Jing/media/92a648ca-48fe-4337-b22c-df401cf32611/00023213.png

    Goes to show again that everyone hates it when it’s cheap and loves it when it’s expensive. Strange perspective. Shouldn’t everyone have bought gold when it was near 1300?

    https://uploads.disquscdn.com/images/5bec10a2732d140b5782ef9e627a5a0ccec1cd7d3d2e3244bbf4e60b73a96d96.png

  • https://evilspeculator.com Sir Mole III

    Yeah all the f..ing Californians are moving there I heard. I hope they don’t bring their misguided ideology with them.

  • https://evilspeculator.com Sir Mole III

    To be honest I would probably find a nice place to rent first for the initial few years. Pendle back between Spain and the U.S. to avoid some of the harsh winters.

  • Julie 35 – 25 – 36

    Chief You should checkout Western Oregon Roseburg Medford Grants Pass Very nice places with mild winters and tremendous outdoor recreation. Cascade Mtns and Ocean nearby. Chief it does not rain as much as people are led to believe. East coast gets more rain than Western Oregon. Complete fallacy Chief
    JULIE

  • Cyd

    Julie is correct the places that she listed below in Oregon are indeed very wonderful place to hang the hat.We went to the U of O and just east of Eugene is a beautiful town Oakridge in the Cascade Mtns.

    Cyd

  • Julie 35 – 25 – 36

    SPX The bounce from today’s low 2860.59 looks impulsive
    JULIE

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

    It’s the exponential Captain, it’s what traders crave. It has electrolytes.
    πŸ˜‰
    https://www.youtube.com/watch?v=X7pHYmZtIKQ

  • BKXtoZERO
  • HD

    Impressive gains under any circumstances. What kind of work outs are you doing?

  • Darkthirty

    Creative financing says pay it off with credit cards, then chapter 7…..

  • Darkthirty

    Nice 1 minute 10 pt ES move at 4:02 AM

  • Julie 35 – 25 – 36

    USO and Oil Does anyone see what I see ? A descending triangle from mid April possibly developing
    JULIE

  • Darkthirty

    Got any for 1/2 price?

  • BKXtoZERO

    Contrary signal for you guys… I was laughing earlier today while trading and usually that is a sign to go the other way. Not sure about this one but I usually fade myself at those points. Its like in the Hustler. Eddy is up big on Fats…his manager says you beat him and you beat him bad. But Eddy is too full of himself and gets drunk and goes all in.

  • Cyd

    The Value Line Geometric Index is not bullish. This can be used as a leading indicator
    Cyd https://uploads.disquscdn.com/images/11dfbb52bb7c970beee38b9dc97fb6039bd73a74dab9f4dccbbe47c392b3de1d.png

  • Julie 35 – 25 – 36

    BK The ending was great Hustler. … Fat man You play a great game of pool. So do you Eddy
    JULIE

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

    Time check.

  • BKXtoZERO

    Leaving small tvix on. Took 1$ on other half. Gap tomorrow… Up or down?

  • RomPetr Oll

    Bluurp!

  • https://evilspeculator.com Sir Mole III

    I don’t think Oregon is an option for me. I know not every place is like Portland but the state laws apply equally. Also I really like my guns πŸ˜‰

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

    No one here trading NUGT? 14 to 44….. Where is Yoda? Mole got gold… RW is happy… But I don’t see many trading or talking gold. I missed it…. Like an ass. I had a good amount at 14 and bailed somewhere….after a buck probably.

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