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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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Sun Tzu
towerdog
To: Sun Tzu who wrote (73137)10/28/2022 12:24:49 PM
From: Lee Lichterman III3 Recommendations   of 98012
 
I had just come here to ponder if today could be a round trip. Wishful thinking on my part maybe but I just looked at op ex for today and on the ES it would be 3815 and on the SPY it's around 381-382.
My internet was spotty all morning then went completely dead, even my phone app wouldn't work so I was never able to get out of my short play. It's not a true short so no margin involved just HUGE paper losses. At this point, I can't see taking it. It's too late unless we really have bottomed for the next few months/years.
My internet has come back for now so scalped a little until it stalled and that's when I checked max pain. By the time I got back to the market, it had started dropping.
I'm hoping max pain works. LOL. I'd be willing to take a decent loss but not what I'm staring at right now.
This rally makes zero sense to me. I haven't checked yet lately but earlier, the dollar and bond rates were up. MSFT, GOOGL and AAPL were leading the charge. Sure smells like short squeeze to me.
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