Bitcoin Is Over $7,200!

[Joe Flacco]

I'd like to see CL get above 70 before HAL would entice me.

70? Really? Oil does look vulnerable though.

 

[Joe Flacco]

I like it here regardless.

 

[Joe Flacco]

Crude actually looks safe to me above $60.

 

[DTB]

View attachment 34500

Crude actually looks safe to me above $60.

It want to make sure that isn't double topish.

 

[DTB]

View attachment 34499

I like it here regardless.

Go for it!

I just was concerned that it's pulling back while CL was up.

What do I know anyway? I scalp and sell puts.

 

[Joe Flacco]

Go for it!

I just was concerned that it's pulling back while CL was up.

What do I know anyway? I scalp and sell puts.

I really gotta get selling puts into my tool belt. Probably was the best way to trade the correction.

 

[Joe Flacco]

Looks like BTC is going to push through. Let's see if it can make a higher high above $12,000.

 

[Elliott]

WSJ 2/28/18:

"The Securities and Exchange Commission has issued dozens of subpoenas and information requests to technology companies and advisers involved in the red-hot market for cryptocurrencies, according to people familiar with the matter. The sweeping probe significantly ratchets up the regulatory pressure on the multibillion-dollar U.S. market for raising funds in cryptocurrencies. It follows a series of warning shots from the top U.S. securities regulator suggesting that many token sales, or initial coin offerings, may be violating securities laws.

“Many promoters of ICOs and cryptocurrencies are not complying with our securities laws,” SEC chairman Jay Clayton said earlier this year. In another speech he said he has instructed his staff to be “on high alert for approaches to ICOs that may be contrary to the spirit” of those laws.

A soon-to-be published Massachusetts Institute of Technology study of the ICO market estimates that $270 million to $317 million of the money raised by coin offerings has “likely gone to fraud or scams,” said Christian Catalini, an MIT professor."

 

[DTB]

Take a look at Halliburton. I like it for a bottom.

Maybe sell a 45 put in HAL? $1.45 April Expiry?

Gets put to you, your breakeven is 43.50. Hmmm

 

[Joe Flacco]

Maybe sell a 45 put in HAL? $1.45 April Expiry?

Gets put to you, your breakeven is 43.50. Hmmm

Sounds good to me. Sitting on the base support now and 200 day moving average is at $45.