So much negativity into the CPI and everything is better now...
... not!
Selling the gap up
Started by
arbman
, May 15 2007 08:13 AM
7 replies to this topic
#2
Posted 15 May 2007 - 10:15 AM
Did you catch the Euro's (and golds) reponse to the numbers;So much negativity into the CPI and everything is better now...
... not!
#3
Posted 15 May 2007 - 11:16 AM
I am stopped out, they caught me! At least closed all with profit...
I think a terminal rally starts with this 10 wk low. Maybe one more chance to enter, but the sentiment should probably surge from here with the deteriorating internals and liquidity...
- kisa
#4
Posted 15 May 2007 - 12:10 PM
I am stopped out, they caught me!
- kisa
Sorry to hear that part.
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#5
Posted 15 May 2007 - 12:45 PM
Thanks, it happens, you know It was the last 1/3 short from yesterday...
I took a little day trade short after the squeeze, perhaps the best is yet to come, but I did not load...
#6
Posted 15 May 2007 - 01:31 PM
a win is a win is a win .... no matter how small....
...something was done right!
...something was done right!
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#7
Posted 15 May 2007 - 01:44 PM
WOW! It just keeps going lower, I did the entry right, I didn't do the holding on to the position part quite right. I should've known better with the P/C ratios overly bearish, I guess the shorts are feeling like lucky for being able to cover at any pull back and take a stab at the long side. However, I am still thinking that the moment the P/C goes over 1, there will be another rally higher over the 2 weeks...
After all, the boyz induced this sell off --securities lending at the secondary market;
After all, the boyz induced this sell off --securities lending at the secondary market;
#8
Posted 15 May 2007 - 02:57 PM
The volume surges into the close a bit, I am covering here the day trade, plenty of profit here. It can gap up with this closing a bit...