Jump to content



Photo

For the Record


  • Please log in to reply
2 replies to this topic

#1 OEXCHAOS

OEXCHAOS

    Mark S. Young

  • Admin
  • 22,036 posts

Posted 31 October 2007 - 08:46 AM

We took a profit on our long from yesterday. I actually think we trade higher, but I frankly don't want to strap in to watch all manner of volatility today, especially given the funky options sentiment and negative late volume. I'm happy with a modest profit and my day back. Mark

Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter


#2 Iblayz

Iblayz

    Member

  • TT Patron+
  • 1,033 posts

Posted 31 October 2007 - 10:17 AM

Looks like a great deal of company thinking higher also. Got to get the bets in before the upside explosion. PC Ratio=.641 PC Ratio Stocks=.614 PC Ratio Isee=.667 PC Ratio Philadelphia=.510

#3 arbman

arbman

    Quant

  • Traders-Talk User
  • 19,504 posts

Posted 31 October 2007 - 10:41 AM

I am long into the decision from last week's lows, but I hedged/shorted a bit on Monday. I would get stopped out if it rallies further, but I think I would also take profit on my longs there too. If the market closes higher today and tomorrow, it will be a repeat of the last time, how likely is that?