i shorted, and closed for a loss. i shorted again and lost a bit more.
China sells off 4%. This market is up now.
This market is NOT going down, it is impossible for it to go down.
Of course i sound sarcastic etc, but believe me this is how it feels!!!!
No more shorts from me for now!! Not until it goes below 1495 at a minimum.
Market only going up
Started by
Tor
, May 15 2007 11:17 AM
4 replies to this topic
#1
Posted 15 May 2007 - 11:17 AM
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#2
Posted 15 May 2007 - 11:19 AM
There is no resistance on the DOW. New high draws a lot of new crows.
I would not step in front of this train until 13750. I will see how it react to that number first before shorting it.
You are on your own. This is for demonstration only.
JV
JV
#3
Posted 15 May 2007 - 12:54 PM
We trade till 4:00. So far, I see nothing to change my short position on the Q's. And, if I was a bull-I'd duck.
#4
Posted 15 May 2007 - 02:35 PM
Looks like my shorts on an index should be paying +3.5% in 2 days !
Hmm I guess traders can make money on the short side!
Hmm I guess traders can make money on the short side!
Edited by Mr Dev, 15 May 2007 - 02:36 PM.
.. .. ..
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 - 06:26 PM
Traded till 4:00. as I said earlier, when the bulls were mooing loudly, and it worked out just fine. The Q's could, and DID drop, rather precipitously, I might add,GROWL.