8 replies to this topic

[Tor]

Not much support in this market IMO. Keep some stops in just in case, but the trend is very much down IMVHO.

[Funky Monk]

yep been milkin' this stinker all nite long easy money, scalp scalp tight stops (which rarely get hit) while the sheeple are asleeple it will turn whenever it turns, but for now, it appears to be a Bear fwiw

[Funky Monk]

yep it's a Bear fwiw

[Tor]

yep

it's a Bear

fwiw

Yeee ha! just follow the trend down, and run a tight stop for the inevitable bear squeeze.

Bear markets are fun, watching the sheeple.

If we get taken out then stand back for a while, up to a month or two even and then reshort this ferker into oblivion!

[eminimee]

Tor..just want to get an idea of how you determine a stop. You entered yesterdays trade at 986 cash and were willing to put a stop at 1050....basically your tolerance was a 65 point draw down. Then you rode the trade down and then put a trailing stop on. Spx then came back to 983.50 and would imagine your trailing stop got hit and you were out with a small profit. Why would you originally have a 65 point stop...and then bring it down to where you would be stopped out? Where did you get short this morning and what will you do with a stop now?

[Funky Monk]

just as i suspected, it's a Bear fwiw

[Funky Monk]

well? is this it? how the hell would i know fwiw

[Funky Monk]

hey!! those dirty rotten scoundrels have stopped me out those b@stards! don't they know who i am? get me Beeks fwiw

[Funky Monk]

well? fwiw