I am pretty short Atlas has covered his shorts. He's always the first to celebrate past few days.
Why are there no bears celebrating?
Started by
melonseed
, Jan 22 2010 03:13 PM
11 replies to this topic
#1
melonseed
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Posted 22 January 2010 - 03:13 PM
I am sure I'm not alone!! I am pretty short Atlas has covered his shorts. He's always the first to celebrate past few days.
I am pretty short Atlas has covered his shorts. He's always the first to celebrate past few days.
Trade safe.
#2
BigBadBear
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Posted 22 January 2010 - 03:18 PM
no celebrations either on Xtrends, Slope or Captstool, this baby has a long way to go with extraordinary surprises to the downside.
even i covered half my shorts 5mins ago
#3
andiron
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Posted 22 January 2010 - 03:25 PM
most bears are not loaded well...and waiting for retrace ..market fooled 'em again!!
#4
melonseed
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Posted 22 January 2010 - 03:26 PM
Congrats. Good call.
Edited by melonseed, 22 January 2010 - 03:26 PM.
Trade safe.
#5
Trendy
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Posted 22 January 2010 - 03:29 PM
hope you all have parachutes handy!
but if we get big news on Monday with a BIG only gap down open we should see a rally up to today's high area for a new short entry at the declining SPX 42ema.
trading plan 2 - small gap down open and freefall to develop sometime Monday but likely not till the pm
trading plan 3 -- no news event (like Spain defaulting) and gap up open for a big bull trap followed by a move lower
Edited by Trendy, 22 January 2010 - 03:30 PM.
#6
Mtrader
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Posted 22 January 2010 - 04:06 PM
Right. Must not have too many. Not only that most are condition to buy on the dip. This can go on for a while longer.
You are on your own. This is for demonstration only.
JV
JV
#7
atlasshrugged
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Posted 22 January 2010 - 04:36 PM
yes i closed out the rest at 1000...
late night at the nuggets game....havnt been on the computer!
nice trading
#8
thespookyone
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Posted 22 January 2010 - 05:09 PM
I'll celebrate when it's finished. I covered 1095 ES, but will reshort the bounce-I'm thinking 1097 ish.
#9
melonseed
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Posted 22 January 2010 - 05:21 PM
I believe bounces in the next few trading days shouldn't be strong enough to tempt me to take risky longs. I'll only be in shorts all through Monday. I'll exit if the price is right and re-enter. If Monday cash market starts with a correction, it may to close ugly.
Edited by melonseed, 22 January 2010 - 05:22 PM.
Trade safe.
#10
goldswinger
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Posted 22 January 2010 - 05:51 PM
I'll celebrate when it's finished. I covered 1095 ES, but will reshort the bounce-I'm thinking 1097 ish.
