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#41 redfoliage2

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Posted 03 August 2009 - 02:44 PM

Substantial short at 1000.75 but will put on a big ADD when Insider's draw down reaches $1,456,000.

When the chinese wake up in the morning only to see their US assets down 1% and in another 50 such a day their assets will shrink by half, they will be forced to act.

#42 CHAx

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Posted 03 August 2009 - 02:49 PM

Substantial short at 1000.75 but will put on a big ADD when Insider's draw down reaches $1,456,000.



just curious Tea, why so much concern over 2.25 more points?

Edited by CHAx, 03 August 2009 - 02:55 PM.


#43 eminimee

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Posted 03 August 2009 - 02:59 PM

Substantial short at 1000.75 but will put on a big ADD when Insider's draw down reaches $1,456,000.



just curious Tea, why so much concernation over 2.25 more points?


What concernation?...but good on ya for the math skills! :D ...just legging in and will have a put position on OEX on a move above [-$1,456,000]...if I don't get hit...fine..no worries...NDX still may want the 1640 area which would probably be my oex put add spot...

#44 IndexTrader

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Posted 03 August 2009 - 03:10 PM

That's right...I'd forgotten about Insider. Yikes! That's a nasty drawdown so far. IT

#45 isaac613

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Posted 03 August 2009 - 03:26 PM

[quote name='IndexTrader' date='Aug 3 2009, 04:10 PM' post='474953']
That's right...I'd forgotten about Insider. Yikes! That's a nasty drawdown so far.

IT
[/quote
Hey Mini mee, should I add to my shorts here. We going to 900 this month. I need some concrete answers. Not just another high may be needed. Come on already.

#46 eminimee

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Posted 07 August 2009 - 07:39 AM

I had a feeling...never like holding anything into the employment report...dumped a bunch last night....stopped out on rest at 997 and 998.50... ....We could come tumbling right back down again...but those heavily, heavily , heavily short must be shaking in their boots...