Financials are bottoming.
But I got my stops in place because I'm usually wrong. Keep shorting.
bear complacency
Started by
CHAx
, Feb 25 2009 02:55 PM
4 replies to this topic
#2
tommyt
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Posted 25 February 2009 - 03:11 PM
[quote name='CHAx' date='Feb 25 2009, 11:55 AM' post='436881']
Financials are bottoming.
seems that way...but I just covered my other 1/2 short SKF @ 157 for +$40..still long SPY and FAS.
Financials are bottoming.
seems that way...but I just covered my other 1/2 short SKF @ 157 for +$40..still long SPY and FAS.
#3
SilentOne
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Posted 25 February 2009 - 03:12 PM
Yes, it's a process but I think that is what is happening. It will be apparent soon. May take until next week.
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#4
zigzag
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Posted 25 February 2009 - 03:28 PM
dollar looks like it's gonna push to 90 and beyond. the daily looks strong at this moment in time.
edit: and GS don't look all that excited either.
Edited by zigzag, 25 February 2009 - 03:30 PM.
#5
CHAx
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Posted 25 February 2009 - 04:23 PM
Well now the door is wide open again. chop chop.
