Entry
Will cover the rest 50% near SPX 1430-32 area , which is the VST target that i wrote in my blog.
Edited by NAV, 11 April 2007 - 10:05 AM.
Covered 50% of my shorts
Started by
NAV
, Apr 11 2007 09:59 AM
5 replies to this topic
#1
NAV
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Posted 11 April 2007 - 09:59 AM
SDS at 57.06 (SPX 1439) for nearly 1% profit.
Entry
Will cover the rest 50% near SPX 1430-32 area , which is the VST target that i wrote in my blog.
Entry
Will cover the rest 50% near SPX 1430-32 area , which is the VST target that i wrote in my blog.
#2
ed rader
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Posted 11 April 2007 - 10:04 AM
SDS at 57.06 (SPX 1439) for nearly 1% profit.
nice trade Nav
.ed rader
#3
NAV
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Posted 11 April 2007 - 10:08 AM
I have been pounding the table on the OEX folks buying puts huge and the Equity suckers buying calls huge. When this happens, while the hourly momentum rolls over, it's a great shorting opportunity ! The OEX folks win 90% of time.
#4
denleo
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- Chartist
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Posted 11 April 2007 - 10:15 AM
Good trading NAV. What are your thoughts on OIH? It is still strong. I see a lot of oil stocks being overbought. Are you still bearish on this group?
Denleo
#5
NAV
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Posted 11 April 2007 - 10:22 AM
Good trading NAV. What are your thoughts on OIH? It is still strong. I see a lot of oil stocks being overbought. Are you still bearish on this group?
Denleo
Denleo,
I am kind of trapped in the OIH trade short from the 150 level(May puts) . All my indicators are calling for a big selloff on OIH, but "Price" the "King" keeps moving higher. If we are making a IT top in OIH here, it won't let me have a easy short trade. Right now, it's one of the painful positions i am sitting on. Will make a decision whether to hold or dump in the next day or two. I am very bearish on this sector !
#6
vitaminm
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Posted 11 April 2007 - 12:39 PM
Good trading NAV. What are your thoughts on OIH? It is still strong. I see a lot of oil stocks being overbought. Are you still bearish on this group?
Denleo
Denleo,
I am kind of trapped in the OIH trade short from the 150 level(May puts) . All my indicators are calling for a big selloff on OIH, but "Price" the "King" keeps moving higher. If we are making a IT top in OIH here, it won't let me have a easy short trade. Right now, it's one of the painful positions i am sitting on. Will make a decision whether to hold or dump in the next day or two. I am very bearish on this sector !
OIH
http://messages.fina...(...tof=1&frt=2
vitaminm
