A mixed market all day in anticipation of FOMC actions and words at just after 2:00 PM EDT. Thirty minutes later, the Chairman Powell will talk and answer question all the while AI fed computers hang on every word and nuance to mindlessly submit massive buy/sell orders. This mid-week update gets posted just as all this is happening, so without any notion of a bullish or bearish reaction to the news. If key levels get taken out just below current price levels, we all know what to do, i.e., IWM/QQQ/SPY puts. Absent key level breakdowns this week, buy more TSLA calls. We have a few simple systems and patterns that guide our trades, nothing artificial about it. Half our trades work with many of those up triple digits and those that don't lose no more than 50%. About 4-6 times a year we have a massive win that juices returns 600-800% over a 6-8 week period. This has been the routine since January 2010 and if it ain't broke, don't fix it. We have at least one more grand slam home run coming with TSLA, maybe its now, or maybe its the next Buy...it's coming and that is all we need to know. Cybertrucks are beginning to appear on the streets of Scottsdale, and full self driving is now available on my own Model Y for $99/mo. Waiting patiently, because once that upgrade is activated there will be no turning back. QQQ This pup looks sick Buy Jun 21st $400P on Q break below 415.00 IWM Still a short below 193.69: Jun 21st $190P Special Note: Emails Please send all questions about trades, techniques, Tesla, or any subject, to my personal email address, bypassing the website filters completely: apharris@mac.com Give me a day or so to get back to you, I promise I will. Allan PS: I'm working on the "fuzzy chart" issue; a Shopify function got "upgraded" without any advance warning, knowledge, input or permission. My bad for going to law school instead of code school.
