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Bear Gunning


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#1 A-ha

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Posted 29 January 2007 - 01:05 PM

the important thing to remember is these impulses within the topping layer turn on a dime... I think this may be the one to short spoos heavily... not here but soon.

#2 IndexTrader

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Posted 29 January 2007 - 01:12 PM

Now you tell me! :lol: IT

#3 A-ha

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Posted 29 January 2007 - 01:26 PM

I have a feeling it might have been little early to add to shorts but I wouldnt be suprised if it turns here.

#4 dcengr

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Posted 29 January 2007 - 01:31 PM

Now you tell me! :lol:

IT


Saw this coming friday. But I agree with XD that it'll last. At some point, the bulls are going to get tired of selling and rebuying, and will end up just not buying.. or not selling (while watching losses widen).
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#5 IndexTrader

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Posted 29 January 2007 - 01:36 PM

Now you tell me! :lol:

IT


Saw this coming friday. But I agree with XD that it'll last. At some point, the bulls are going to get tired of selling and rebuying, and will end up just not buying.. or not selling (while watching losses widen).


OK...got you down for believing that this will last. Did you get long Friday?

IT

#6 dcengr

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Posted 29 January 2007 - 01:40 PM

Now you tell me! :lol:

IT


Saw this coming friday. But I agree with XD that it'll last. At some point, the bulls are going to get tired of selling and rebuying, and will end up just not buying.. or not selling (while watching losses widen).


OK...got you down for believing that this will last. Did you get long Friday?

IT


No, I covered friday. I meant "it WON'T last" :lol: I'm getting ready to reshort soon.

From my blog friday...

However, the intraday reversal and relative strength of the SOX would suggest that the bulls will try again to lift the markets, and therefore I will look for a short entry at higher prices.


Edited by dcengr, 29 January 2007 - 01:43 PM.

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