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Actual Position and Market Opinion Poll for Monday


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Poll: Actual Position and Market Opinion (67 member(s) have cast votes)

What is your actual position?

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What is your opinion for Monday

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#1 OEXCHAOS

OEXCHAOS

    Mark S. Young

  • Admin
  • 19,175 posts

Posted 31 October 2008 - 03:33 PM

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Remember, "Partially Long (or Short)" means less than your normal full position. E.g., If you typically use leverage, then 100% long would be "Partially Long".



http://stockcharts.com/c-sc/sc?s=$SPX&p=D&b=5&g=0&id=t84412157025&r=2697.png

http://stockcharts.com/c-sc/sc?s=$NDX&p=D&b=5&g=0&id=t84412157025&r=2697.png



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#2 humble1

humble1

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  • Traders-Talk User
  • 5,959 posts

Posted 01 November 2008 - 12:38 PM

bearishness - even aggressive, abusive bearishness - is almost everywhere this weekend. of course, each one has his/her solid reason, from fundamental to neo-t/a to classical t/a. i have never seen anything like it. i know that last weekend the crash-monday posts were ubiquitous, with few challengers. think about that: crash posts everywhere and few who would scoff! this type of conviction usually leads to market positions and committed action which is only shaken out by serious capital destruction. this is how people lose a lot of money and why most people should go back to what they were doing before the bull market of the last two decades and all the media hype drew them in and made them think they could make money at this.

Edited by humble1, 01 November 2008 - 12:39 PM.