13 replies to this topic

[youmast]

... that I bought calls at the close.
I guess I pushed the wrong button....

[arbman]

I also did the same thing, I got stopped out of the shares replaced with a small amount of calls, this reduced the risk in terms of a large correction on the capital to capture a speculative run up instead...

[SemiBizz]

I think 8/1 low gets tested, and you will get a bounce... my target is just under 46 by/on 8/8(wierd wally wed)... Nasdaq @2425.

[Rogerdodger]

I thought I was the only one.

[traderpaul]

Yuri, What does this market has to do to make you bearish? Honest question.....

[pisces]

... that I bought calls at the close.
I guess I pushed the wrong button....

Hi,Youmast, The reason i was looking for your missing post the other day, is because i value your forcasting ability..A few weeks ago you called for a scary drop into early August,that would have everybody

believe that the TOP WAS IN !!! I think that has been accomplished.I remember the rest of your post very well.,Ihope it falls into place .I THANK YOU and wish you the BEST OF LUCK.. keep throwing us a crumb

of your wisdom every once in a while,as we all try to make a living.



THANKS,,,pisces.

[youmast]

Yuri, What does this market has to do to make you bearish? Honest question.....

Here's the honest answer...

[traderpaul]

Yuri, What does this market has to do to make you bearish? Honest question.....

Here's the honest answer...

Yuri, Does this decline in any way equal to the same decline we had in March?.....Your chart tried to compare the two.....Look here.....
http://stockcharts.c...0563&r=4305.png

[rkd80]

interesting posts as always youmast, but i am not following as to why you bought trhe calls 3 days in advance? insurance in case you are off by 3 days? because you have been mentioning the 8/8 bottom for a while....

[SemiBizz]

I am also targeting August 8th, but for other technical reasons... Basically, since I trade Nasdaq the situation is a little different. We had 6 down days in a row, which turns the trend down by my definition. So while I expect a bounce off a deep low (almost a hundred more Nasdaq points down by Wednesday)... And I may even cautiously go long there, now the Nasdaq has a lot to prove on the daily before I do anything more than Short term intraday bounce longs...