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da scorch into the close today


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#11 A-ha

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Posted 17 August 2007 - 02:12 PM

oppps here comes the scorch ;) they gonna screw the puts big time... you know whales ... on top of everything they gonna gap up the market on monday to unload exitcised shares on public thats a classic

Edited by A-ha, 17 August 2007 - 02:17 PM.


#12 davewooldridge

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Posted 17 August 2007 - 02:27 PM

Can you quantify this scorch by time and or price?

#13 A-ha

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Posted 17 August 2007 - 02:32 PM

Can you quantify this scorch by time and or price?



last hour rally to spy 145.5

#14 davewooldridge

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Posted 17 August 2007 - 02:35 PM

Thanks, long at 1440.

#15 n83

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Posted 18 August 2007 - 09:26 AM


That being said..you selling into the close today?


i am gonna be pyramiding up like never before... any little pull back...

yesterday was a washout and you gonna see %90 of the people here picking top all the way to the highs :lol:

been there done it many many times


and a VST reversal to the downside on monday :P

test of all time highs / new highs possible in the next month or so


That coming from the prophet of doom. What happened to the bear market ? :lol: Just kidding.

Anyway, good to see you trading both sides of the market again.



who said we are not in one?


That's new concept to me. That we could make new highs and yet remain in a bear market :blink:

Ok, then seriously, what is a bear market ?



Feb / march of 2000, it was already a bear market to me but that didnt mean a plunge into the oblivion, we had massive rallies, mostly V shape... overall congestion action before the big trend develops


BTW remember those broken McSums? they gonna turn up test the broken lines while SPX testing all time highs... then bigger plunge to new lows probably...

vixooo goin to 60


yes we had massive rallies but they did not go to new highs

and if it goes straight up vix will drop not rise