SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: UnBelievable who wrote (68321)2/16/2001 8:31:53 AM
From: AllansAlias  Read Replies (2) of 436258
 
Alternatively perhaps you could opine on the general flow of the day, indicating the time and levels of expected inversion points.

You don't want much! -g

All mho of course: To flesh out what I was saying to Earlie, we gap down and do not close the gap. This creates a nice island out of yesterday and complements the gap of Jan 9. (So, trade #1 for me probably is to fade the first rally back toward/into the gap). I think we then slosh around for some hours, thus eating premium. (Trade #2 is not a trade for me, but one could probably sell puts during the opening despair and flip them during this sideways action.) This afternoon I think we set a new low for the day. (Trade #3 then is to see what kind of action the sloshing brings -- you know, range, triangle, whatever -- and pick a reasonable place to fade here in order to catch the expected afternoon weakness.)

I reserve the right to change my mind many times during the day. -g

Cheers.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News