are 
XD&Co,Nav & Dev nailed this. Balls to the wall short. We
Started by
BigBadBear
, Jun 06 2007 05:04 AM
4 replies to this topic
#1
BigBadBear
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Posted 06 June 2007 - 05:04 AM
we should have a sell-off that will mimic China
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#2
Tor
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Posted 06 June 2007 - 06:10 AM
we should have a sell-off that will mimic China
BBB - are you crazy?????
The spx is 1524 as we speak. It isnt even below the level of late May 1510. The UPTREND is still in tact despite the sell off in China. High of 1537, so 13 points off its ALL TIME high!!!!
Market has risen from 1360 since Mid March. This isnt even a "selloff" in my book, or even a correction.
It actually could be classified as a little dip, similar to that seen any intraday dip!!!!
Fair enough it may evolve into something, but right here right now, it means nothing in my view. As a selloff it is pathetic IMO.
All FWIW.
In fact thisd market is beginning to look tasty for a BUY shortly. I wont do it yet, but that is what I am thinking.
Will see.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#3
BigBadBear
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Posted 06 June 2007 - 06:39 AM
yep, thas precisely the kind of thinking that will get the bulls in trouble 2day.
I expect alot of dip buying all the way o 1499
#4
Tor
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Posted 06 June 2007 - 08:00 AM
yep, thas precisely the kind of thinking that will get the bulls in trouble 2day.
I expect alot of dip buying all the way o 1499
I stolen a great 7 points from the bulls yesterday by shorting. today I may short or may go long, depending on how I see things.
Good trading.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#5
Vector
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Posted 06 June 2007 - 05:00 PM
picked up a bunch of QQQ calls near today's lows.
will add more later
