6 replies to this topic

[NAV]

and put the money where his mouth is !

 

 

 

Shorted QQQ at 167 with 167.8 stop via puts

 

 

 

I am expecting a 5% type crash scenario here. Will hold the rest for a sharp selloff today and next week.

 

http://www.traders-t...aracter-part-2/

 

Rode my position (partial position) from 167 to 158.5.Covered everything at close today. Biggest 3 day gains in my trading. Not sure what my next move is going to be. Will be on watch mode the next few days until i see something concrete. NYMO closed at -118 ! WOW !

 

 

 

 

[tommyt]

Nice call and trade Nav!

[NAV]

Thanks tommyt !

 

When VIX shoots above 35, i stop swing trading and do mostly day trading. I developed this rule during 2008. So until VIX drops below 30, no swing trading for me. It will be mostly day trading. Why swing when you can make more with day trading ? 

 

Passive investors are jumping the ship like rats. Interesting times.

[Russ]

I predicted this sell off in Dec. - which should keep going down into April or as early as march - with this chart... 

[viccarter]

and put the money where his mouth is !

 

 

 

Shorted QQQ at 167 with 167.8 stop via puts

 

 

 

I am expecting a 5% type crash scenario here. Will hold the rest for a sharp selloff today and next week.

 

http://www.traders-t...aracter-part-2/

 

Rode my position (partial position) from 167 to 158.5.Covered everything at close today. Biggest 3 day gains in my trading. Not sure what my next move is going to be. Will be on watch mode the next few days until i see something concrete. NYMO closed at -118 ! WOW !

 

 

 

 

SWEET!

[NAV]

S&P futures positive now. Looks like we have seen some sort of bottom today. Cash might test the futures bottom tomorrow. Either way a bounce from the EXTREME oversold condition on MCO should begin tomorrow. 

[NAV]

Ralph Acampora,

 

You can now sit down and calm down