5 replies to this topic

[A-ha]

I had shorted it around 34 in November... gave back almost all of my profit on EBAY. nothing in my opinion changed except lunatics got delirious now... every 6pack on the face of the earth trying to get a piece in AH ... reminds me how yahoo earnings marked several tops and bottoms in the last few years. precise tops and bottoms i am talking about here... if you remember when yahoo gap down this summer, it marked the exact bottom tick for nasdaq... before that , it had marked the top, exact day again. dont remember the date now. but it was a giant gap up anyway SPX is about to hit the spot I was waiting for a while to short the life out of spoos... we are almost there... Note that despite all the lunatism nasdaq still far away from the highs... very telling. regarding ebay, i will probably cover in the morning for a small profit and let the lunatics eat through supply for a while.... it is currently trading near the Nov highs... there is an army of suckers who bought that top in November will get out in the morning... this includes hedge funds... I will let them come to my lap rather chasing them.... and of course there comes another time

Edited by xD&Cox, 24 January 2007 - 05:40 PM.

[dcengr]

Are you going 800% short spoos? What is this "exact" spot you're talking about? I know you put stops around SP 1450ish for your first set of spoos, and its just about to hit it. Bears getting fur scorched.. especially SPX and Dow bears. NDX bears.. not as bad, but darn, if one was short SPX or Dow.. this was one tough bear campaign.

[A-ha]

Are you going 800% short spoos? What is this "exact" spot you're talking about? I know you put stops around SP 1450ish for your first set of spoos, and its just about to hit it.

Bears getting fur scorched.. especially SPX and Dow bears. NDX bears.. not as bad, but darn, if one was short SPX or Dow.. this was one tough bear campaign.

I shorted at 1443, stop was 1456-1460... it is at 1447...it didnt even get close to it.

I will short heavily but I dont know how much leverage now... will be over %500 probably.

i may short tomorrow or next week, depends on the conditions.


BTW the reason most of the bears getting reamed is the fact that most of them are herd, and dont have a slightest clue about short selling... most of them will short overbought stocks which are usually strong. And that makes them stronger

Edited by xD&Cox, 24 January 2007 - 06:01 PM.

[dcengr]

Are you going 800% short spoos? What is this "exact" spot you're talking about? I know you put stops around SP 1450ish for your first set of spoos, and its just about to hit it.

Bears getting fur scorched.. especially SPX and Dow bears. NDX bears.. not as bad, but darn, if one was short SPX or Dow.. this was one tough bear campaign.

I shorted at 1443, stop was 1456-1460... it is at 1447...it didnt even get close to it.

I will short heavily but I dont know how much leverage now... will be over %500 probably.

i may short tomorrow or next week, depends on the conditions.

You're making me sweat, and its not even my money

Its going to take a few days to consolidate the "breakout" at least.. and get sentiment in right shape.

[A-ha]

well dont sweat... there are always a bear market somewhere in the market ..... if you wanna be a bear or if you think it is topping and wanna be in it before it craters, play those that are weak, and unresponsive... they will be the first ones to crater when things go loose...SOX for example has been in a bear market for 3 years... and it is getting blooody regardless what the market does.

[calmcookie]

Hey XD ... what happened to your eBay 6-7 dollar target???? Or were you just kidding? Seriously though ... that 28-30 dollar range is a psychological hot spot for eBay. Best to you and good luck, C.C.