SPY Not Buying This Bounce Looking For An Eventual $148

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We will be looking to get SHORT SPY or SPX on any bounces now including todays- this is a very long term call and not for the faint of heart . We feel the SPX will eventually find it's way all the way down to S&P 1480 in a real crash. If you agree we would strongly suggest you use definded risk trades only for protection #stocks #trading #fintech
Comment: Surprise Surprise Futures are Down Down Down - Be Careful Out there
Comment: Hopefully you listened to this post yesterday and ignore the CNBC "experts" talking their own book today - you know every bit as much as they do with a little research. As we said be careful out there.
Comment: Did you listen? Or did you follow the advice of the "Experts" on CNBC talking their own book?
Comment: We are 100% confident in this call. It may take a while to play out but the rewards for patience will be enormous. Do your own DD and good luck.
Comment: We are as we have stated 100% confident in this long term - and by that we are looking for a flat 2019 that as we posted in a reply to a comment below will result in a flat bull trap year followed by a major downturn in 2020. This call is not for short term amateur traders looking for a fast buck that they will eventually give back every dime of as they ALWAYS do. This is a professional call made by professionals for aspiring professionals. There is no need for us to update this call again. Good luck to all.
Comment: Lumber has lost it's "MoJo" which could be a warning for the overall market.
Comment: At this pint we'll be watching our Tom DeMark Sequential Indicator along wiit our own work - if you are serious about markets and don't have access to Tom's work - get it.
If next week had a flurry of @london55555 posts like NVDA, W that would be nice. This bounce has been educational but enough is enough - time to kick the cat down the hill perhaps
dRends35 dRends35
@dRends35, Also considering crypto has bounced a little perhaps there will be correlation when world stocks fall.
london55555 dRends35
@dRends35, We havent found a name with enough fraud or mismanagement to short and as you know that's the only way we short not just on an overpriced chart on a single name - we considered OSTK overpriced due to management's claims on BTC/Blockchain etc that pushed the name through the roof otherwise we would ever have shorted that name - we never did in the past.
dRends35 london55555
@london55555, I'm referring to your current shorts - VEEV, SPY
dRends35 london55555
@london55555, Looking forward to the reversal when it eventually comes
50 / 200 week ma catch the wave to 0.618 retracement

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london55555 dRends35
@dRends35, Thanks for the post
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london55555 dRends35
@dRends35, it will be interesting to see how this all shackes out and if 2019 does end up to be a major bull trap and flat headed into a 2020 collapse
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We will be looking for very deep value names re FCX X BABA among others once SPY gets in the $185 area - again this is a long term call - we're looking to make 200% on the names we'll be buying not chasing 12% bounces with OTM puts and calls daily. That's simply gambling - do so at your peril.
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Professional... lol
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