You gotta love this market. Gives you ample opportunities to short. I added to my shorts today. I think we have a massive selloff starting tomorrow. Gotta load up on the short side.
End of quarter fake run up today
Started by
isaac613
, Mar 31 2008 10:40 AM
6 replies to this topic
#2
SemiBizz
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Posted 31 March 2008 - 10:48 AM
So Isaac, they can run this all the way to 2314 on light volume today... save some ammo.
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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
#3
isaac613
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Posted 31 March 2008 - 10:51 AM
I am adding my shorts slowly. Not really doing the indexes. I have had more success with individual names. But I like the run up. I have been looking to short for a week now. I think the market is going to tank pretty big at some point this week. 
#4
skyymaster
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Posted 31 March 2008 - 11:02 AM
Ditto on individual issues, Index Trading is not yet my cup of tea 
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#5
rigelpug
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Posted 31 March 2008 - 11:11 AM
I am adding my shorts slowly. Not really doing the indexes. I have had more success with individual names. But I like the run up. I have been looking to short for a week now. I think the market is going to tank pretty big at some point this week.
Glad you are seeing what I see, because I have been a big chicken to add to my shorts. Just wish I could figure the point of least pain.
#6
isaac613
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Posted 31 March 2008 - 01:12 PM
It looks like the end of quarter fun run is coming to an end. And I did not even get to get all the shorts I wanted. I got enough though. Lets see if they could take it up a bit more though. It does not look very promising right now though.
#7
KCScott
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Posted 31 March 2008 - 02:32 PM
Ditto on individual issues, Index Trading is not yet my cup of tea
I've found the exact opposite.
Playing the index ETFs long or short seems to nail my daily support / resistance targets like clockwork.
I think maybe it's the operators have a more dificult time manipulating them than the individual stocks.
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