There is probably some more, but bad karma going into the weekend, greedy, greedy.
closed all longs
Started by
selecto
, Aug 24 2007 02:51 PM
3 replies to this topic
#1
Posted 24 August 2007 - 02:51 PM
#2
Posted 24 August 2007 - 03:04 PM
me too - out of r2k from last wed buy - was going to flip short, but will do that next month where gut tells me a retest of lows from higher levels - sooo, maybe a little down/consolidate next week followed by low vol attempt at july highs - and then some more hedge fund implosion to meet sept redemption deadline for revist of lows - good luck
#3
Posted 24 August 2007 - 04:39 PM
Me too. Out of SSO at 89.99. Closed Sep qqqq calls. Flat now.
Lets see how the market behaves at the 0.618.
#4
Posted 24 August 2007 - 05:19 PM
People smarter than me seem to like spx 1500 in here, so there was some temptation to hang for another dollar, but on the 60 the last stick on several was making a hanging man. We see.
Edited by selecto, 24 August 2007 - 05:25 PM.