Small amount, as clearly this is lottery trading, but I think worth it.
Some big banks to go bankrupt before this ends IMO.
Just like tech bust, with Worldcom etc.
Shorting this SPX
Started by
Tor
, Oct 13 2008 04:27 AM
4 replies to this topic
#1
Tor
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Posted 13 October 2008 - 04:27 AM
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#2
hedgehawk
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Posted 13 October 2008 - 06:34 AM
I say wack it at 960 where it broke down.
#3
Tor
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Posted 13 October 2008 - 07:39 AM
Strategy is.........wack it down bog time, enter now, hold stops above recent high in case wrong to ensure not go massively against.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#4
ogm
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Posted 13 October 2008 - 07:45 AM
Just give me your money.
#5
qqqqtrdr
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Posted 13 October 2008 - 07:54 AM
The market is so oversold here with so much bearish sentiment and cash on the sidelines, I do not think we will fade for at least a couple of weeks. I think it is time that we have a decent rally on good breadth. However, I will be watching for weak breadth on any large up days to watch for weakening momentum.
Barry
