Edited by NAV, 21 June 2007 - 08:56 AM.
I am not daring enough...
Started by
NAV
, Jun 21 2007 08:53 AM
6 replies to this topic
#1
NAV
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Posted 21 June 2007 - 08:53 AM
to bottom pick this with NQ futures. I need confirmation to do that, which may come in about 2 hours. For now, bought some QQQQ July 48 calls for .56 around NQ 1944 level. Just coudn't resist that animal urge, given what my 5-min chart was showing.
#2
BigBadBear
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Posted 21 June 2007 - 08:56 AM
good trade, we could be up 100pts today
#3
NAV
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Posted 21 June 2007 - 09:01 AM
good trade, we could be up 100pts today
LOL, don't make me nervous.
#4
Jnavin
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Posted 21 June 2007 - 09:04 AM
Big Bad Bear: so, you would be buying SPX right here at 1506...right?
Just want to be clear.
#5
BigBadBear
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Posted 21 June 2007 - 09:21 AM
already bought.silly silly bears imo
#6
OEXCHAOS
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Mark S. Young
Posted 21 June 2007 - 09:33 AM
Say, what was that trend?
BTW, I note that the Rydex amateurs didn't buy a lick of Bear funds and only sold a tad of their Bull funds.
Rallies not withstanding, the odds favor lower prices.
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#7
rkd80
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Posted 21 June 2007 - 12:42 PM
If this rally does not get sold by EOD than yesterday might turn into yet another 'one of those days'. As of now the sentiment and internal erosion support lower prices and any rally is welcomed to wear down the cocky bulls.
Say, what was that trend?
BTW, I note that the Rydex amateurs didn't buy a lick of Bear funds and only sold a tad of their Bull funds.
Rallies not withstanding, the odds favor lower prices.
“be right and sit tight”
