Is everyone short or what ? LOL
#1
Posted 08 August 2007 - 02:44 PM
#2
Posted 08 August 2007 - 02:48 PM
#3
Posted 08 August 2007 - 02:53 PM
Is everyone short.....? LOL
Insider
Isn't ? I think only very few people aren't.
Look at the topic names in the last couple hours or so.
#4
Posted 08 August 2007 - 02:55 PM
Is everyone short.....? LOL
Insider
Isn't ? I think only very few people aren't.
Look at the topic names in the last couple hours or so.
Making money on the short side is immoral or what ?
#5
Posted 08 August 2007 - 02:56 PM
Is everyone short.....? LOL
Insider
Isn't ? I think only very few people aren't.
Look at the topic names in the last couple hours or so.
All smart traders?
Insider
#6
Posted 08 August 2007 - 02:56 PM
#7
Posted 08 August 2007 - 03:00 PM
#8
Posted 08 August 2007 - 03:00 PM
just daytrading it both ways...going out flat
no market movers tonight in earings
149.75 intraday horiz on SPY looks operative for now.
i was, keeping an open mind though. laughing at the volatility.
#9
Posted 08 August 2007 - 03:01 PM
#10
Posted 08 August 2007 - 03:05 PM
I have nothing against daytrading.. I'm making a sentiment related observation People seem to be too eager to jump the short trigger and announce victory. Its not about anyone specificaly.
See, the close wasn't that bad... last 30 minutes matters.
Looking at a daily SPX cash, I see the close finished just below the 34 EMA. It tried to probe above it and could not. My best guess is that we can now safely test the bottom, presumably test it successfully because the previous volume was through the roof and it will be extremely difficult to surpass it. Then continue marching on and on. This whole scenario is shaping up to be very Feb 27ish.