FoggyLights

SPY: Simplicity in Complexity

AMEX:SPY   SPDR S&P 500 ETF TRUST
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“The way out is through the door. Why is it that no one will use this method?”
― Confucius
Apr 05
Comment: There were some smart cats around here. If they don't come back - I'm done posting.
Apr 05
Comment: Deprivations and restrictions are compensated. Deprive yourself my fellow cats. Sorry I didn't post updates today at that resistance. I still hope that my chart was helpful. My day was profitable financially but painful emotionally. A reward is incoming for that :) Give me some support likes.
Apr 05
Comment: I'm 44 now (lol bad Chinese numbers). I meet an exceptionally smart person once in like 5 years. They're always elusive, but I can spot them in a crowd of thousands. They either commit a suicide or they generally ignore me. Either way it feels bad.
Apr 05
Comment: https://www.youtube.com/watch?v=L7lM__ZY...
lol you chose to follow, not me
Apr 06
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Apr 06
Comment: accumulating some shorts here just for a quick swing
Apr 06
Comment: we're at 50% retracement from the recent high - we should go back and retest the lows now - probability is good
Apr 06
Comment: keeping my bets small and probabilities big = consistent account growth :)
Apr 06
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Apr 06
Comment: no buying volume detected here
Apr 06
Comment: If you went short and want to bail out here - it's OK. I'll stay short for now.
Apr 06
Comment: my positions are small and probabilities are good - not worried too much
Apr 06
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Apr 06
Comment: If you use small positions with high probabilities of success, the trading is easy and stress-free. You can lose here and there but it's not a big deal. This is how a casino operates. Casino always makes profits.
Apr 06
Comment: As I said above I'm leaving this short to run till tomorrow. I'm off to cook bell peppers and to listen to Bukowski. PM if you have any questions.
Apr 06
Comment: nothing special here today:
http://www.nasdaq.com/symbol/spy/after-h...
I did notice some pretty high sell volume into the close - another argument in support of my bearish bias. We're likely to see some upside movement tomorrow, but I don't think it'll be happening in the morning. My goal is to cover my short position some time in the morning and then go long. Game plan.
Apr 06
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Apr 07
Comment: I'm not trading this atm. I tried a position with futures but got chopped & stopped. I'll be waiting for a spike in volume to enter a swing position with options. I'll try to post here when I do that. Just watching now.
Apr 07
Comment: SPY is on a sell signal now, but it's also sitting on support. I think everyone is very cautious and waiting for the others to move forward. Can go either way and if you jump on it here you'll be gambling.
Apr 07
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Thank you.
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Creative. impressed. friendly.
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Nothing binds us stronger than the money game :)
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Minoan Crete again. The hologram.
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applauding that sense of humaaaar
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lol you're trending
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all they need to know about Russia:
https://www.youtube.com/watch?v=1ADWIVVduqw
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but with the mentor missing in action I might go silent, expect delays now
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