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Short IWM


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#1 CLK

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Posted 30 May 2007 - 02:27 PM

For a hedge......now we can get the moon shot.

#2 Mr Dev

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Posted 30 May 2007 - 02:59 PM

For a hedge......now we can get the moon shot.



Ah - oh.!

.. .. ..
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!

#3 CLK

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Posted 30 May 2007 - 03:04 PM

For a hedge......now we can get the moon shot.



Ah - oh.!





?

#4 denleo

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Posted 30 May 2007 - 03:05 PM

Why would you hedge a long position? I don't understand. The market is giving you as much money as you want if you are long. Who needs a hedge? Denleo

#5 CLK

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Posted 30 May 2007 - 03:11 PM

Why would you hedge a long position? I don't understand. The market is giving you as much money as you want if you are long. Who needs a hedge?

Denleo




Denleo,

I went into today about 50% long with no protection, just being a little more prudent.
IWM 60 min has divergences but has a bullish engulfing on the daily.

I've still got a target of 87-92 if we get a true breakout.