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Hurray shorts...


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#1 porsche911sg

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Posted 20 January 2010 - 10:35 AM

Waiting for the biggie... ok stops are currently on 1034 on s and p and 1863.5 on nasdaq. going to sleep. hopefully not stopped out!
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!

#2 viccarter

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Posted 20 January 2010 - 11:04 AM

Waiting for the biggie...


ok stops are currently on 1034 on s and p and 1863.5 on nasdaq.

going to sleep. hopefully not stopped out!



Awesome brother, I covered 3/4 of mine on $RUT, but looking to add more on a pop. This needs to sell for a couple of days at a minimum, but I fear some violent replacements back up.

#3 porsche911sg

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Posted 20 January 2010 - 11:08 AM

Waiting for the biggie...


ok stops are currently on 1034 on s and p and 1863.5 on nasdaq.

going to sleep. hopefully not stopped out!



Awesome brother, I covered 3/4 of mine on $RUT, but looking to add more on a pop. This needs to sell for a couple of days at a minimum, but I fear some violent replacements back up.

It might just break down fast and hard leaving few bears left and no beef to eat.
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!

#4 Trendy

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Posted 20 January 2010 - 11:09 AM

Waiting for the biggie...


ok stops are currently on 1034 on s and p and 1863.5 on nasdaq.

going to sleep. hopefully not stopped out!



Awesome brother, I covered 3/4 of mine on $RUT, but looking to add more on a pop. This needs to sell for a couple of days at a minimum, but I fear some violent replacements back up.



Big long SPX and Dow wedge support lines broken down and will become major overhead resistance if they close down hard today.

#5 goldswinger

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Posted 20 January 2010 - 12:32 PM

Porsche, Patience pays my friend, this was an accident waiting to happen..... Look at gold, that's a good sign the Dollar is making a strong C wave up, of which we are just beginning..... that will ensure the SPX goes down to at least 1020, maybe even lower..... GS.

#6 porsche911sg

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Posted 20 January 2010 - 08:33 PM

Porsche, Patience pays my friend, this was an accident waiting to happen.....

Look at gold, that's a good sign the Dollar is making a strong C wave up, of which we are just beginning..... that will ensure the SPX goes down to at least 1020, maybe even lower.....


GS.

GS, I am quite sure we will break 1000 by march but have no position now got stopped out will reshort the bounce later.
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!

#7 goldswinger

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Posted 21 January 2010 - 12:07 AM

Porsche, Patience pays my friend, this was an accident waiting to happen.....

Look at gold, that's a good sign the Dollar is making a strong C wave up, of which we are just beginning..... that will ensure the SPX goes down to at least 1020, maybe even lower.....


GS.

GS, I am quite sure we will break 1000 by march but have no position now got stopped out will reshort the bounce later.



Hope you had tight stops. I see a C wave bounce continuing Tomorrow but down after that....

The DAX and Bpovespa are breaking down.........

GS.