I say we close this week at the lows. A weekly test that holds. Next week we go ballistic up. This week it sweats everybody. Both sides are nervous and the whipsaw up and down will wear on both.
Here's the play.
Started by
cgnx
, Oct 28 2008 01:09 PM
10 replies to this topic
#1
cgnx
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Posted 28 October 2008 - 01:09 PM
If it can be cornered, it will.
#2
Jnavin
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Posted 28 October 2008 - 01:25 PM
So, you're long SPY right here at 87.40? Is that correct?
Edited by Jnavin, 28 October 2008 - 01:26 PM.
#3
10Shekel
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Posted 28 October 2008 - 01:33 PM
we need some more bad news that the market can hold on - then some not as bad as expected news then GS & $TRAN must stop being negative divergent....
#4
cgnx
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Posted 28 October 2008 - 01:36 PM
I'm long some stock and calls. No shorts. Cash too.
If it can be cornered, it will.
#5
Jnavin
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Posted 28 October 2008 - 01:40 PM
Which stocks, CG. Gimme one or two, for example.
#6
cgnx
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Posted 28 October 2008 - 01:50 PM
bucy 18 fcx 23 cbrl 16 vip 7.16
If it can be cornered, it will.
#7
cgnx
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Posted 28 October 2008 - 02:05 PM
Might be right the first time. We'll see if we get that lock limit up tommorrow. Kick this baby off DA HOOK.
If it can be cornered, it will.
#8
nimblebear
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Welcome to the Dark Side !
Posted 28 October 2008 - 03:22 PM
do u still have nxg ? that was a pig for sure.bucy 18 fcx 23 cbrl 16 vip 7.16
OTIS.
#9
cgnx
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Posted 28 October 2008 - 03:28 PM
i have alot of nxg. I love nxg.
If it can be cornered, it will.
#10
diogenes227
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Posted 28 October 2008 - 04:35 PM
nxg?i have alot of nxg. I love nxg.
I hope you bought all of your "alot of" today.
Otherwise:
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
