A Possible 100lb Gorilla Trade is Developing

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There is a possible 100lb Gorilla type trade developing quite soon.  I have been researching it the past few days and am trying to assemble the information in a coherent manner so that it can be presented properly.

This could turn out to be a huge position type trade.  The trade is highly liquid and should have a very high risk to reward ratio.

This may be the type of trade that only comes around once in a lifetime.  To take advantage of it requires a sound understanding of market dynamics and behavior as well as historical context.

There are key price events that must occur for this trade to be valid.  In addition there are key price events that must occur in some other ETFS for this trade to be valid.

Hopefully I will have this written up before the end of the weekend, or by Monday evening at the latest.

Please look out for it.

5 thoughts on “A Possible 100lb Gorilla Trade is Developing”

  2. Hi Shrihas,

    Yes. After today’s action it started to occur to me that the H&S pattern could still be a possibility. I had the H&S pattern in the back of my mind and thought it would be irrelevant, but today’s action seems to suggest it is a possible contender.

    Still, we need to see more follow on downside action obviously that helps to form the right shoulder if it is to be a right shoulder..

    But good call so far.. nice job.

  3. this blog called a Buy Long at 1296. blog is still holding. i can not recall this blog EVER taking a profit. wonder what will happen this time? (note: S&P closes today at 1319.50 after having been as high as 1359 or so a couple days ago)

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