Covered 25% more

Covered 25% at 1243

Covered half position at 1260.5

Do manage your shorts

Shorted ES 1282 -updated

ES can still run up a few more handles but it worth trying here IMO.

Gl to all


EDIT 3:44 pm EST. Staying short, things will look completely different in a couple of days.


GL

Too vicious of a rally to believe in it

Bottom was not proper IMO, so even if our bullish TL was not breached yet I believe this upmove is fake. You know what it usually means....
Be careful with long positions

A thought

It's no secret I have been bullish all this time from early August. I always believe previous highs were going to be visited before more bearish action. However the next turn for bears is near.
Probably will be later in the week (tomorrow as earliest) but I wanted to share this chart :)

enjoy

Aggressive traders may try long at 1199 area

but is VERY dangerous :(

Stay away from longs if they break below ES 1215

ES 1212

Was just hit now, time to cover most longs and leave just core position if you  "bot the dip"  at 118x

Stay in "buy the dip" mode gentlemen

I believe tomorrow there will be good opportnunities to get ST long (even if ES1291 is stearing at me NOW! :)  )

GL 

 

Can this pig fly today? Hmmm....

 I really dont think so :)

NOW

Now that it seems there no more converted-bears willing to jump anything (most of them got really scared with today's gap up and relentless run up) is the time for a decent pullback IMO.
Is it a good short? nope.
Good traders knew that "Long is the (right) way"  back at 04-10

As always, many thanks to the SD Genius for his priceless guidance :)


ES 1190 as I write.

Also interesting in a day we are revisiting highs:

data as of 10-10 close

clap clap clap Henry!

Ford ( my recent fave) has just tagged  11.1. Some 21% in 3 days J, moreover it helped us to spot the reversal.

Many thanks Henry, time to get some rest .

GL

ES 1154 area, good spot to cover some longs :)

 

IMO

A farewell to a Genius

One of the saddest news we could expect just stroke us a moment ago.
One of few real Gurus of our times has just passed away.
Even if I wasn't an Apple customer I 've always held a profound respect and admiration for the talent of this man who not only funded one of the biggest US Corporation of all times  but RE - INVENTED it again and again. His competitors used evil tactics to get ahead, some of them are suspected to steal Apple work, we all know. But Steve Job's counter attack was always more talent, more smart innovation, more customer focus, more perfection. Can anybody imagine today's  retail user IT world without Apple??
It would be a gray Microworld...

Thanks for everything Mr. Jobs. Rest in all peace.

Getting (early)  deserved recognition

Pullback to let every converted-bear jump in or....

I believe the latter, until there is no more converted bears willing to jump anything.... 

muahahha 

Shame on you Yuri!!!

Is not nice stealing candies from baby bears!!!
That's enough, go back to your room, and you can't have any pudding tonight!.

muhahaha

Today's view