I guess I pushed the wrong button....
I was so scared.....
Started by
youmast
, Aug 03 2007 05:50 PM
13 replies to this topic
#1
youmast
-
- TT Patron+
- 2,870 posts
Member
Posted 03 August 2007 - 05:50 PM
... that I bought calls at the close.
I guess I pushed the wrong button....
I guess I pushed the wrong button....
#2
arbman
-
- Traders-Talk User
- 19,504 posts
Quant
Posted 03 August 2007 - 06:07 PM
I also did the same thing, I got stopped out of the shares replaced with a small amount of calls, this reduced the risk in terms of a large correction on the capital to capture a speculative run up instead...
#3
SemiBizz
-
- Traders-Talk User
- 23,217 posts
Volume Dynamics Specialist
Posted 03 August 2007 - 06:07 PM
I think 8/1 low gets tested, and you will get a bounce... my target is just under 46 by/on 8/8(wierd wally wed)... Nasdaq @2425.
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#4
Rogerdodger
-
- TT Member*
-
- 26,991 posts
Member
Posted 04 August 2007 - 12:10 AM
I thought I was the only one. 
"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'.
#5
traderpaul
-
- Traders-Talk User
- 6,034 posts
Member
Posted 04 August 2007 - 02:37 AM
Yuri, What does this market has to do to make you bearish? Honest question.....
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
#6
pisces
-
- Traders-Talk User
- 1,179 posts
Member
Posted 04 August 2007 - 04:21 AM
... that I bought calls at the close.
I guess I pushed the wrong button....
Hi,Youmast, The reason i was looking for your missing post the other day, is because i value your forcasting ability..A few weeks ago you called for a scary drop into early August,that would have everybody
believe that the TOP WAS IN !!! I think that has been accomplished.I remember the rest of your post very well.,Ihope it falls into place .I THANK YOU and wish you the BEST OF LUCK.. keep throwing us a crumb
of your wisdom every once in a while,as we all try to make a living.
THANKS,,,pisces.
#7
youmast
-
- TT Patron+
- 2,870 posts
Member
Posted 04 August 2007 - 04:32 AM
Yuri, What does this market has to do to make you bearish? Honest question.....
Here's the honest answer...
#8
traderpaul
-
- Traders-Talk User
- 6,034 posts
Member
Posted 04 August 2007 - 09:30 AM
Yuri, Does this decline in any way equal to the same decline we had in March?.....Your chart tried to compare the two.....Look here.....Yuri, What does this market has to do to make you bearish? Honest question.....
Here's the honest answer...
http://stockcharts.c...0563&r=4305.png
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
#9
rkd80
-
- Traders-Talk User
- 2,385 posts
Member
Posted 04 August 2007 - 11:48 AM
interesting posts as always youmast, but i am not following as to why you bought trhe calls 3 days in advance?
insurance in case you are off by 3 days? because you have been mentioning the 8/8 bottom for a while....
“be right and sit tight”
#10
SemiBizz
-
- Traders-Talk User
- 23,217 posts
Volume Dynamics Specialist
Posted 04 August 2007 - 12:00 PM
I am also targeting August 8th, but for other technical reasons... Basically, since I trade Nasdaq the situation is a little different. We had 6 down days in a row, which turns the trend down by my definition. So while I expect a bounce off a deep low (almost a hundred more Nasdaq points down by Wednesday)... And I may even cautiously go long there, now the Nasdaq has a lot to prove on the daily before I do anything more than Short term intraday bounce longs...
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
