This is what a market bottom looks like

I am not counter trading you. I just haven't sold those I bought after your first post. If I sell, I would be trading along side you.

 

c-c-c-combo breaker

 

Given the above chart posted by Here4money, it would be very important to see how the market behaves today. It could be a "sell the news" moment or an indication for a continuation of the rally.

 

I know, that's why i'm bound to get it wrong at some point lol

Wrong or slightly too early? Probably the latter.

To me it seems like volatility is to return any time. BUT I COULD BE WRONG!!.

 

don't see much brightness after AMZN today

 

Orbit -- you're often a bit early in your calls.

 

I don't have a bias anymore. I am just daytrading this now. Thing is there can be violent moves, both up and down and i just wish to capitalize on them.

Do think SPX will trade at 1500, likely by the end of this year, but i wouldn't really be a buyer of long term puts here because i am not seeing it happen just yet.

 

"SELL IN MAY AND WALK AWAY".

EXIT ALL MARKETS. BUY $2600 SPX puts September expiry.

I do think selling here will give profits. But on a short term basis, i think we have topped already and should dump next 2 days already. If wrong, then short term unsure! If we do dump next 2 days, then next month would be bloody IMO.

 

What's your basis?

Hunches are a bad reason to put on positions.

 

Reasons? We don't need no stinkin' reasons.