3 replies to this topic

[.Blizzard]

I took 7 point loss in my last short trade (closed yesterday),...but I am starting again to build up a BIG SHORT POSITION

My price/time window set-up for the next large decline is already in play, at least for price

As I pointed out I am looking for an intermediate top... early May (7/10)

SHORT 25% here at 1503.00, adding on strenght another 25% (hope we reach 1510/15 area)

I'll add the rest (50%) on May 8... (price is not important)

Initial Stop loss 1527

This is probably the second best short opportunity this year, considering seasonality

.... TOP (sell) IN MAY AND GO AWAY!!!

very very low risk trade IMHO

Edited by .Blizzard, 25 April 2007 - 02:50 PM.

[.Blizzard]

OVERBOUGHT!!!!!!!!!!!!!!!!

http://stockcharts.com/c-sc/sc?s=$SPX&p=D&b=1&g=0&i=p89452129229&r=1257.png

http://stockcharts.com/c-sc/sc?s=$SPX:$VIX&p=D&b=1&g=0&i=p78311361681&r=4370.png

http://stockcharts.com/c-sc/sc?s=$BPSPX&p=D&b=1&g=0&i=p29070977481&r=8690.png

http://stockcharts.com/c-sc/sc?s=$SPXA200&p=D&b=1&g=0&i=p47397142477&r=8682.png

[.Blizzard]

I forgot.... 16 da chief posts today.....we are close for a sharp reversal SNOOORT

[raleigh]

da cheif is short too.