8 replies to this topic

[OEXCHAOS]

$100,000,000 worth of new shorting via ETF's yesterday. That's Bullish and just what we have been waiting to see. The VIX is up there, so they have Motive to bounce it. The $-weighted P/C's are WAY up there, too. The RUT P/C is 11:1! Pick your spot. Expect multi-swing action to shake weak-handed Bulls lose right about the time they need to be adding to positions. Mark

[Islander]

Confusion will arise over the Fed: no action, but promises of dilligence. Arms has been saying bounce for some time. It will be quick, shocking and a real shorting opportunity for this fall's collaspe. This is just the second act. Ialander

[IndexTrader]

Pick your spot, and place a 50 handle stop order! IT

[spielchekr]

Maybe place your stop at 10:45 AM price.

[Will]

Quickly, can you tell me the 10:45 am price please?

[OEXCHAOS]

Actually, the way to handle it is to keep the position small and use no stop. Save now, we have to chase... :/

[Shazzam]

Marc, Do u view this as a day trade, or multi day?

[porsche911sg]

Actually, the way to handle it is to keep the position small and use no stop. Save now, we have to chase... :/

Mark THIS IS THE BEST COMMENT I'VE HEARD FROM YOU IN A WHILE....

ADVISE TO ALL OF YOU: use 3x leverage at most, IF you're futres is 10X leverage use smaller position and USE no STOPS... that the right word. I am still long from 1167 thou still on negative position if my accounts get hit ever so often there will be no profits lets face it.

[emkay]

Fomc meeting today and Wierd Wolly Wednesday tomorrow. fire works time, to upside (maybe). imagine the short-squeeze.

Edited by emkay, 09 August 2011 - 11:54 AM.