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still waiting to short


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#1 dcengr

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Posted 19 October 2009 - 08:43 AM

lots of people shorted the close friday... market retraced all of it by monday morning and gapped up. 3 gap downs in a row? not a chance, as I said friday. now we see if there's the final squeeze. I do not believe in 4 squeezes in a row..
Qui custodiet ipsos custodes?

#2 porsche911sg

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Posted 19 October 2009 - 08:51 AM

I doubt it. I short 50% at 1089s..... But just be where of the squeze..
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!