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anyone short???


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#1 Tor

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Posted 19 September 2007 - 09:33 AM

Ok guys its either a 2 or a 3. We will know fairly soon. I am short the spx cash market 1531 right now, stop in at 1542. No big risk, will see.
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#2 nicolasillo

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Posted 19 September 2007 - 09:38 AM

short too, since yesterday's close unfortunately. Stop at your level too

#3 rightside

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Posted 19 September 2007 - 09:40 AM

Right there with you! After yesterdays scorch I am still steaming, but this was the best trade for the day. Once folks really evaluate what has just transpired they will be holding the bag. These levels are a gift. Best, RS

#4 relax

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Posted 19 September 2007 - 10:00 AM

seems to obvious, so maybe we just go to 1.540-1.550 first and then down for a cycle low friday/monday i am sure that 1.500 will be defended well on a pullback

#5 ogm

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Posted 19 September 2007 - 10:10 AM

DOW less then 200 points from ATH, S&P around 15 points. You don't think we'll take out the new highs here ? Double top ? So many money managers caught on the wrong side or underinvested, and now market is almost back at the highs, they will have to chase it.

#6 relax

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Posted 19 September 2007 - 10:22 AM

even the monkeys are screaming double top so i think da boyz will let them believe it for 3-4 per cent and then kill them

#7 SandStorm

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Posted 19 September 2007 - 10:56 AM

I am still short but will likely cover on today's gap-fill and then reevaluate. I was fortunate enough to have a good chunk of Chinese stocks to weather my shorts since August.