2 replies to this topic

[hiker]

I am staying short for it..amidst all the bottom calls..1455 minor S4..staying until I see a buy signal again

.618 retracement of the move up this week is complete, so maybe right here is the new low

1476
1447
1432
1404
1370

Edited by hiker, 09 August 2007 - 02:43 PM.

[ogm]

Could be. maybe even a lower low coming. Or maybe we'll gap up 20 points on some Fed mumbo jumbo. risk/reward tradeoff.

[hiker]

3 moves to 145.80's SPY..or so...looks like may be low for the day. I have limit orders to cover most of short that have filled....keeping 10% of pos. for later..may be mistake covered balance of short here in AH 145.40 to 50's

Edited by hiker, 09 August 2007 - 03:04 PM.