Jump to content



Photo

Bad news for you bullz


  • Please log in to reply
5 replies to this topic

#1 traderpaul

traderpaul

    Member

  • Traders-Talk User
  • 6,034 posts

Posted 11 February 2009 - 12:01 PM

Jim Roger is re-shorting us stocks....IBM, GE, JPM etc.
Here is the LINK.
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay

#2 beta

beta

    lasergirl

  • Validating
  • 4,384 posts

Posted 11 February 2009 - 12:34 PM

i shorted too, as of 5 min ago. will add on a break of yesterday's low.
"Daytrading -- An Extreme Sport !"

#3 mogreen

mogreen

    Member

  • Traders-Talk User
  • 686 posts

Posted 11 February 2009 - 12:42 PM

Jim Roger is re-shorting us stocks....IBM, GE, JPM etc.
Here is the LINK.


No, No....This is Bad news for the Bears!!!!.....Jimmy goin' to be wrong. Shorting Ge @ $11 is kinda silly. JPM has accumulated on two massive Volume spike lows and IBM had great earnings and forward look. I think we work our way higher for now.

#4 10Shekel

10Shekel

    Member

  • Validating
  • 560 posts

Posted 11 February 2009 - 01:35 PM

Jim Roger is re-shorting us stocks....IBM, GE, JPM etc.
Here is the LINK.


No, No....This is Bad news for the Bears!!!!.....Jimmy goin' to be wrong. Shorting Ge @ $11 is kinda silly. JPM has accumulated on two massive Volume spike lows and IBM had great earnings and forward look. I think we work our way higher for now.


Shucks...i have a bet on JPM that it would kiss 20 again!

I guess i can't win this one - I'm out Friday no matter what..

#5 beta

beta

    lasergirl

  • Validating
  • 4,384 posts

Posted 11 February 2009 - 02:45 PM

i shorted too, as of 5 min ago. will add on a break of yesterday's low.



covered my short for 3-4 points, and will wait for a break of yesterday's lows.

this could mess around for a while, before breaking down.
"Daytrading -- An Extreme Sport !"

#6 mogreen

mogreen

    Member

  • Traders-Talk User
  • 686 posts

Posted 11 February 2009 - 07:11 PM

Jim Roger is re-shorting us stocks....IBM, GE, JPM etc.
Here is the LINK.


No, No....This is Bad news for the Bears!!!!.....Jimmy goin' to be wrong. Shorting Ge @ $11 is kinda silly. JPM has accumulated on two massive Volume spike lows and IBM had great earnings and forward look. I think we work our way higher for now.


Shucks...i have a bet on JPM that it would kiss 20 again!

I guess i can't win this one - I'm out Friday no matter what..


It's always possible that it has another spike down on high volume to 20...BUT a very low probability. I think it steps up with all the financials. The next range should be 28 to 34 area. Good luck.