.... got crabs?
The SPY hit 88.00 (exactly)
the BOTD attempted "catch #1" *click
(sold 1/2 for profit, 1/2 at even)
the 200ma = 88.01
88.06
-1.74 (-1.94%)
... the Slow STO shows oversold, but has room to go lower.
The Catch #2 PLAN = buy SPY JULY 88 calls on the AM dip! .... tape fighters, knife catchers, and asshole dip buyers UNITE!
the SPY day range: 88.00 - 89.82
...ignore the afterhours green, we're looking for a gap down in the AM with 87 as the magic "BOTD" number. "if" 87 holds get LONG! but, a clean break below 87 and all bullish bets are off. MUST OBEY STOPS!
"you're gunna get burned"
p.s. Got Dandruff? ... head and shoulders pattern on the neckline. Get out your fans! (for the visual folks, the ETF Corner is a great site) ... roll out!
3 comments:
how ya'll like that UNG halt?
always entertaining, this market is.
a bit nerve racking holding HK before, during, and after.
but alas FAITH in FLOYD prevails.(for now)
p.p.s.
toward the end of the day we added back that KGC *short* @ 18.50
the MAGIC 87 pays!
the CATCH #2 plan of success!!
*locked in
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