7 replies to this topic

[Mr Dev]

Just plain old trading this thing right here,...so Profits on the INV DYN shorts including those added Friday will have to be taken here,... question is ....is it time to FLiPP long for the end of day..... and then FLipp short again? Well I'm not willing to risk more than 50% if I decide that is what I do. Best to all trading.

Edited by Mr Dev, 08 May 2007 - 09:13 AM.

[peregrine]

While the RUT is only 2 SDs below the mean...the volatility intensity is screaming "COVER". I think the ultimate price low of this leg down won't be until tomorrow AM, perhaps around the 10:45 CIT. I'll look to the long side then... for a scalp.

[Mr Dev]

Already exited the trade and decided 30% of that would go LONG the DYN NDX until end of day where that will likely be flipped again to the short side. Then as you mention "P" profits if available will be taken tomorrow am and then ...expecting the usual run up into the decision and then then short will likely be put on again at the end of day tomorrow.

Edited by Mr Dev, 08 May 2007 - 09:37 AM.

[Mr Dev]

The NEW 30% Long Trade is only traded off this partial position,.. + this mornings gains, not added yet, that was

playing the RUT short this morning.

So the small Long position for the day is approx 20% total exposure.

This mornings exit was only a small gain but... a win is a win.

Edited by Mr Dev, 08 May 2007 - 10:24 AM.

[pdx5]

Nice Trading Mr. Dev!

[Mr Dev]

Nice Trading Mr. Dev!

[Mr Dev]

Just adding thoughts on my other position which is all in the Long Dollar arena.

Those positions have moved slightly in and out,.. but built up over the last week and a half.



Today may be one of those days where I exit some of the LONG Dollar and maybe start to push back into

Utls.... and then maybe tomorrow some Oils.

These are all done thru the RYSBX, RYUIX and RYVIX & RYEIX funds.

I really think we are going to wake up one morning and find the DOLLAR EXPLODE,.... that may be tomorrow ..or

not but the set up is there. Soooo maybe I wait one more day before starting ...not to sure yet..but moving

a small amount over never really hurst....AND ...the following day both positions can still win.

Edited by Mr Dev, 08 May 2007 - 01:59 PM.

[Mr Dev]

So the small Long position for the day is approx 20% total exposure.

This mornings exit was only a small gain but... a win is a win.

Just some thoughts I wanted to bury,.. the 2% gains this morning and the +1% gains going long into the close....

equaled a 3% gain for the day, in DOW terms that would have equated to a +400 point move for the day.

If that happened, does anyone realize how Loud the BULLS would be right now... Esp their Cheif .

Edited by Mr Dev, 08 May 2007 - 10:32 PM.