expect some bounce//
covering short here
buying ES @1068-1070 range
Started by
andiron
, Jul 16 2010 09:08 AM
5 replies to this topic
#2
gorydog
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Posted 16 July 2010 - 09:16 AM
Probably right, VIX doesn't seem to believe the drop. I never closed my short from monday and am lighting up nowexpect some bounce//
covering short here
GD
#3
mogreen
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Posted 16 July 2010 - 09:37 AM
Bought in half my shorts...will leave on rest
Will be on vacation next 2 weeks. I'l check in when I can
Best trading to all.
#4
mogreen
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Posted 16 July 2010 - 10:52 AM
We're not goin to rally back today ..like rest of week. All averages are playin with their 20e...If we close below 20e,SPX, INDU,COMPQ,etc.
Then we'll continue lower Monday. So i'm watchin closely and packin for our trip.
Great tradin week we had.
#5
milbank
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Posted 16 July 2010 - 11:02 AM
We're not goin to rally back today ..like rest of week. All averages are playin with their 20e...If we close below 20e,SPX, INDU,COMPQ,etc.
Then we'll continue lower Monday. So i'm watchin closely and packin for our trip.
Great tradin week we had.
Agreed except for a couple of days with a lot of time in tight ranges and volume so light it was tough to read. Just covered a TZA posit. at 38,10 I picked up this morning. I'm done for the day.
Have a great vacation MoGreen.
Edited by milbank, 16 July 2010 - 11:02 AM.
"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw
"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe
#6
mogreen
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Posted 16 July 2010 - 11:25 AM
Way to go Milbank...always feels good to end the week with profits. 
Thanks, Mo 
Thanks, Mo
