U.F.O.
ST...Sell The Pop
Started by
U.F.O.
, Jul 05 2007 08:58 PM
5 replies to this topic
#1
U.F.O.
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U.F.O.
Posted 05 July 2007 - 08:58 PM
We may run miles further, but for a ST play...close out longs and play a small short position on a pop tomorrow. (1 chart)
U.F.O.
U.F.O.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~
~Benjamin Franklin~
#2
DonBart
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Posted 05 July 2007 - 09:03 PM
We may run miles further, but for a ST play...close out longs and play a small short position on a pop tomorrow. (1 chart)
U.F.O.
I think I'll pass. Shorting into momentum like this is a fool's game.
#3
U.F.O.
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U.F.O.
Posted 05 July 2007 - 09:07 PM
Maybe. That just means you might be on the backside of my trade tomorrow. Makes markets.....makes money.
U.F.O.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~
~Benjamin Franklin~
#4
rkd80
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Posted 05 July 2007 - 09:45 PM
what momentum? diverging highs on anemic volume?
We may run miles further, but for a ST play...close out longs and play a small short position on a pop tomorrow. (1 chart)
U.F.O.
I think I'll pass. Shorting into momentum like this is a fool's game.
“be right and sit tight”
#5
Mr Dev
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Posted 05 July 2007 - 10:49 PM
I think I'll pass. Shorting into momentum like this is a fool's game.
Obviously someone doesn't realize this fool has made some good money shorting in this market.
Meanwhile da bulls erased moves that took them days and weeks to acquire....and then sat on the sidelines for days just
to get even again. Well not all the way even if they had been invested and seen gains when the DOW S&P AND RUT all topped
weeks ago. Those type of Bulls are still not back to where they were.
So beware who the fools really are.
Edited by Mr Dev, 05 July 2007 - 10:52 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!
#6
U.F.O.
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U.F.O.
Posted 06 July 2007 - 08:56 PM
Thx Dev. Right or wrong I'll always state my opinion. Best.
U.F.O.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~
~Benjamin Franklin~
