27 replies to this topic

[Mtrader]

Too many shorts burning.

[eminimee]

Too many shorts burning.

???? Cud ya do sum splain' Lucy.

Edited by Teaparty, 24 August 2007 - 01:38 PM.

[rkd80]

Too many shorts burning.

???? Cud ya do sum splain' Lucy.

don't ya just love provocative and thought engaging commentary?

[Mtrader]

how else u splain melt up?

[SemiBizz]

Lowest Volume since July Holiday, they can print whatever number they'd like to on the close today... This is easy pickings here, there are a lot of over-committed shorts to jam. And they just made a high at exactly the right time so expect this to make another high now in the final 45 min (nasdaq)

Edited by SemiBizz, 24 August 2007 - 01:48 PM.

[rkd80]

Ay, i was short - but got out. I dont know their plan is for the next hour, but being short feels mega uncomfortable. Ill try Monday and enjoy the long side for now.

Edited by rkd80, 24 August 2007 - 01:51 PM.

[eminimee]

..and at the risk of this sounding like bull [bleeeep]...I'm still in...moved a mental stop to 83.50...spx running into the 200 on the hourly...have to see how that plays..

[eminimee]

I'm out at 77....wasn't going to hold short over the weekend anyways..have added a few more oex puts however....good weekend all.

[Jnavin]

SPX wolf wave now in progress, says 1430. Could be wrong.

[SemiBizz]

Lowest Volume since July Holiday, they can print whatever number they'd like to on the close today... This is easy pickings here, there are a lot of over-committed shorts to jam. And they just made a high at exactly the right time so expect this to make another high now in the final 45 min (nasdaq)

BINGO....