7/14/17 My blog for my takedown of the Russel 2000 via IWM

in iwm •  8 years ago 
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wow another week 2 day event put off. week 68 and counting. All those FANG stocks you could have got rich longing instead of worrying about the black friday boogieman all this time

I take it 400% on a 1 day silver trade wasn't enough for you? You want to make the next call? I didn think so.

I'll take an opk long at 6.13 and like that googl short @977

if you find a cheap way to short crypto's let me know I'll join you in that trade. I heard some options were coming available.

The only "pure" play I know of is GBTC, and I checked it to see if shares are available to short and they aren't. Of course it doesn't trade options either. You are on the right track with GOOGL, FB, NFLX, PCLN, and I will "likely" have AMZN on my list once it trades thru the 52 week high. My take down of Silly Con Valley, Cali will decimate bitcoin, and bitcoin will decimate the entire crypto sector.

All of those months spewing while I waited for this or that. And then 6 to 8 weeks ago I'm thinking there is no waaaay they are going to get IWM to "that high" that needs to get taken out any time soon. Now look how strrrrong IWM is. Would you short this if I didn't tell you to? I didn think so.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Fund&symb=iwm&x=46&y=5&time=7&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11

7/19/17 update: Sell signal in teh RUT triggered and IWM breached my 142.90 target by .01. I will log 142.90 as my short price. "The" options play is the 8/18 expiry $139 puts at .80. That's teh "obvious" initial target still showing on teh 10 day chart.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Fund&symb=iwm&x=56&y=14&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11

Bandwith bs prevented me from spewing this trade in a "timely" fashion. I'll put it up when I'm free to spew again. This trade was "actually" posted this morning as IWM breached 142.90 for the first time today.

The" options play is the 8/18 expiry $139 puts at .80. That's teh "obvious" initial target Another call blown...yikes top call after top call....like the boy who cried wolf. I'm sure you'll be right 1 day and give yourself a big ole pat on the back. You missed the 72 week rally schmoe shock and awe crash week after week. Amazing!

That IWM trade was closed yesterday btw. With no loss and ALL commish costs coverd. SAWEEEET! :-) Sometime ya just gotta know when to fold em. Instead of losing the capital it's like "found money"...so to spekk. :-)

More fuck ups...geez joe.

Oh, you mean my ass-umption that USO would rally to 10.35? Ooooh well, even when I'm wrong I'm right? :-)