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I am scared again


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6 replies to this topic

#1 A-ha

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Posted 23 August 2007 - 08:58 AM

I am scared because Spooz missed my orders to short the fu#$% out of it by a few points and I now have no clue whether I missed the train or not

#2 hiker

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Posted 23 August 2007 - 09:01 AM

so far, looks like a simple gap fill on SPY..prior close was 146.65 R1 for SPX is 1469 let's see if SPX wants to test the 200sma at 1455 XLF once again below 34.50 Friday close that seems to mark its bias

#3 dcengr

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Posted 23 August 2007 - 09:05 AM

Bear trap setting up.. for 2 days. We are in wave 'b' down with wave 'c' to come, which will last a few days and take it to new highs. At least according to my roadmap...
Qui custodiet ipsos custodes?

#4 A-ha

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Posted 23 August 2007 - 09:13 AM

Here is the ultimate bull-bait. I must be insane to short a breakout like this :lol:

Posted Image

Edited by A-ha, 23 August 2007 - 09:14 AM.


#5 rkd80

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Posted 23 August 2007 - 09:16 AM

You going to try to wait until a bounce happens or go in anyway?
“be right and sit tight”

#6 A-ha

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Posted 23 August 2007 - 09:24 AM

You going to try to wait until a bounce happens or go in anyway?



I have a strong desire to short it through the market with no limit but this is not a good feeling , if history is any guide....

So I hold on

#7 hiker

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Posted 23 August 2007 - 09:27 AM

not being short while SPX remains above 1459/1460 makes the most sense to me right now ..the 2006 to 2007 t/l regained yesterday has not yet failed today scalps for now until this resolves