• Moderators, please send me a PM if you are unable to access mod permissions. Thanks, Habsy.

Hey Nerds: Blockchain

Yeah, I've been shorting rallies all day....looking for ES 3324 to cover what I have left.

Fridays used to be my worst day performance wise, but lately been killing them
When it seems too easy sometimes I hesitate. I didn't hesitate at all back in February/March though; that was peak aggression on my end. I guess I'm a bit more gun shy these days. Partly has to do with my 2020 gains being decade makers. I'm still in protection mode.
 
It's only easy in hindsight:


today was very choppy around ES 3354...before it decided to give up the ghost.

I was stopped out a few times for small losses along the way... if I was running back, my day would look like this

- 2 yds
+ 10 yds
+ 7 yds
- 1 yds
+ 5 yds
+ 5 yds
- 2 yds
+6 yds
+ 12 yds


9 carries for 40 yds
 
I thought it was a fairly easy read today personally. Today was choppy which favors the bears, being so close to recent lows and all.
 
Still holding some SPY puttos incase we get flashy and wanna revisit 3290....if not today's biz, I think we see 3290 next week
 
TRUL and GTII staying green
I feel like Friday's are typically good days for MSOs, especially lately. Seems like something you want to hold over the weekend in case of a headline bump for the following week. Hard to imagine anything but good news coming in that front in the next several weeks leading up to November..
 
  • Like
Reactions: CH1
The move will likely get faded, but it's always a good sign to see these big ass block orders come through. Some big boys are accumulating. Very stark contrast with CURA, for example. TRUL and Thumb are the sector darlings.
 
And if it doesn't get faded... Well buy Cresco or CURA, I say. I'd probably go with Cresco since it moves most in line with Thumb historically. I'm going to stay out though. Too much can go wrong in an end of week close.
 
And if it doesn't get faded... Well buy Cresco or CURA, I say. I'd probably go with Cresco since it moves most in line with Thumb historically. I'm going to stay out though. Too much can go wrong in an end of week close.

Okay fine. I'm in at 7.60. But I will bail early if this bounce dies. Recipe for an explosive finish here. Let's see what happens.
 
Back
Top