and crap of course
Tomorrow we gap up
Started by
q4wer
, Jul 08 2009 12:26 PM
4 replies to this topic
#1
Posted 08 July 2009 - 12:26 PM
#2
Posted 08 July 2009 - 12:33 PM
LOL ... doesn't matter. today's stick will be BETTER than a gap up. look around: see all the whipsawed and/or short-from-the-bottom bears coming out all over the www, etc.? we would have to go straight to spx300 to break even many of those.
and remember: the house does NOT pay off on pastposted trades or whipsaw-ironed-out signal charts.
#3
Posted 08 July 2009 - 12:45 PM
[quote name='humble1' date='Jul 8 2009, 09:33 AM' post='468520']
LOL ... doesn't matter. today's stick will be BETTER than a gap up. look around: see all the whipsawed and/or short-from-the-bottom bears coming out all over the www, etc.? we would have to go straight to spx300 to break even many of those.
and remember: the house does NOT pay off on pastposted trades or whipsaw-ironed-out signal charts.
I don't agree Humble...I don't think many traders are short now...a few permabears, but most shorts have covered some to all.
LOL ... doesn't matter. today's stick will be BETTER than a gap up. look around: see all the whipsawed and/or short-from-the-bottom bears coming out all over the www, etc.? we would have to go straight to spx300 to break even many of those.
and remember: the house does NOT pay off on pastposted trades or whipsaw-ironed-out signal charts.
I don't agree Humble...I don't think many traders are short now...a few permabears, but most shorts have covered some to all.
#4
Posted 08 July 2009 - 12:53 PM
and I see lots of folks trying to catch a falling knife. It can be down ( I actually practice this in my kitchen) but it is dangerous. lots of folks going long, buying ST calls, covering shorts etc.
#5
Posted 08 July 2009 - 01:07 PM
"I don't agree Humble...I don't think many traders are short now...a few permabears, but most shorts have covered some to all. "
Check equity PC here Tommy-mom and dad are shorter than midgets.