This is not THE TOP? I am expecting (and placing $ bets) that we sell-off for 2 days this week but I will be reversing and going maximum long on this forthcoming pullback.... Like Arbman and many others here, I am still expecting 1220-1230.... this will only be a pullback.... hopefully for 3% but the bears are lucky if we get even that much.... more like 1.5 - 2% only... probably into Wednesday.... small chance low of week is Friday (OPEX)...
Carefully Krik with so much divergence on NDX, which I am short and have not pulled my short on ES, I am still short on Nikkei currently 400 points profit, do whatever the spikes you want my rpofits have more than made up for the lost and it on it's way down.
CYCLES-- every quartly report has been sold down in this rally expection being april 2009.
What profits are making up for your losses??? You're down almost 100 points on the SP futures, considering the fact that you would have had to roll the March into June and took a discount when you did it. Sounds like a fairy tale to me.
IT
IT, Read my post I went long on nikkei at 10,500 to 11,330 with 20x leverage.... so it 100 point down on spx is no big deal. Post on march 1st I said I went short on s and P but will be going long on nikkei on march 15th, as it the year end cycles.
Went short on nikkei on 1 April posted here after I sold the long at 11330 post on techman's post. Covered 200 points less. Posted TWICE. have not covered
Also went Long YEN short USD. POSTED again on Techman post still holding it.
My short post in Januray on Nasdaq yielded 127 point of profit.
Went short at 1111-1105 on spx thrice in Feb, covered at 1090. Average of 15 points profits all posted here.
Went short on SP at 1150 in Jan covered a few times and finally at 1111 as I had too many short options at 1111(covered at some at 1050 plus added hedge longs at 1050 Closed long hedge at 1111-1105 Closed finally short all at 1090 from JAN). Posted in Nov and Dec.
Went long USD short euro in nov and dec also posted here. Posted my covered position with 700% profit from 100X leverage
I rolled over the contract Paid the difference. I don't see how I have losses from my JAN/Nov/dec shorts its all in total worth 200 points including all the long hedge so if your talking about 70 points here. It not a worry to me. Unless my 200 points are wiped out
CURRENT POSITIONS:
1. Short Euro/long USD(posted yesterday)
2. Short USD/long YEN
3.Short SPX at 1115
4. Short Nikkei 11355
5. Short on Nasdaq at 1985(Most posted on friday)
POST YOUR TRADE IT, Just as what TM says... show it.
IT your're living in fairy land. Which trader trades only one contract. SETTLE your stuffs with TM first.
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!