Will these people ever quit picking a bottom
What will stoip them ?
How low does the market need to go to scare the bottom pickers ?
0.5 put/call on 50 point DOW bump.
Started by
ogm
, Mar 03 2009 10:04 AM
5 replies to this topic
#2
unosuke
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Posted 03 March 2009 - 10:27 AM
Will these people ever quit picking a bottom
What will stoip them ?
How low does the market need to go to scare the bottom pickers ?
ogm,
I've been meaning to ask, do you have a general price target or time frame to close your short positions, as I do, or are you mainly gauging sentiment as the market descends into the abyss? TIA
Edited by unosuke, 03 March 2009 - 10:28 AM.
Current Positions: Long EEV @ 40.29, Long DUG @ 24.66, Long DXD @ 59.62, Long SDS @ 72.70, Long TWM @ 61.84, Long QID @ 48.21, Long FXP @ 20.43, Long SSG @ 43.76, Short XOM @ 69.31, Short AAPL @ 117.52
#3
tommyt
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Posted 03 March 2009 - 10:30 AM
Will these people ever quit picking a bottom
What will stoip them ?
How low does the market need to go to scare the bottom pickers ?
no disagreement OGM, but maybe it not bottom picking (buying calls), but no put buying? The P/C is one or the other at this stage. A lack of bearishness either way.
#4
ogm
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Posted 03 March 2009 - 10:38 AM
I don't have any specific target, just following the situation as it develops.
#5
traderpaul
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Posted 03 March 2009 - 11:01 AM
Almost 14 calls for every put (indexes and ETF) @ ISEE at the beginning of the day......Repeat 14 to 1
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
#6
Rogerdodger
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Posted 03 March 2009 - 11:05 AM
Almost 14 calls for every put (indexes and ETF) @ ISEE at the beginning of the day......Repeat 14 to 1
ISEE
I was just getting ready to post the same.
1366 on the "All Indicies and ETFs"!
52 week high on ISSE was 206, today = 462 at the open.
700 MUST BE THE BOTTOM!
Everybody is all over it.
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
