Short from 1306 SPX. I am taking 1/2 off here. I don't think we will go to new lows on this attempt.
Denleo
Taking a 13 point profit on 1/2 position
Started by
denleo
, Mar 13 2007 11:29 AM
6 replies to this topic
#2
denleo
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Posted 13 March 2007 - 11:50 AM
Covered the rest. Total 14 point profit.
Last time shorting 1306 SPX resulted in 32 points. This time 14.
I think we need to rally. It looks to me like this sell off is premature.
Denleo
#3
Jnavin
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#5
beta
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lasergirl
Posted 13 March 2007 - 12:09 PM
Nice trade ! -- pls keep posting them.
Range-bound trading is all we might get this week.
I see 42.3 - 43.8 on the Q's.
"Daytrading -- An Extreme Sport !"
#6
denleo
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Posted 13 March 2007 - 12:17 PM
I agree. I will be surprized if the market just collapses to new lows.
Denleo
#7
arbman
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Posted 13 March 2007 - 01:32 PM
I covered a little more than half too, deeply oversold day... TRIN is 2.9
- kisa
