I am not in this business to lose money. I have S&P calls that I need to unload. I am up very little on this trade. I demand the market to rally and bail me out of this position (hedge). C'mon. A good rally will make my IT bearish options strategies FREE.
C'mon guys, buy something. Please!
Denleo
I demand a rally
Started by
denleo
, Nov 05 2007 12:03 PM
6 replies to this topic
#2
isaac613
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Posted 05 November 2007 - 12:07 PM
Maybe you will get a rally on Wednesday after Bernanke starts talking scared and says don't worry, we will cut more and take the dollar to 0. I mean we don't really need the dollar. We should all use Euro's or go back to gold currency.
#3
MacRo
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Posted 05 November 2007 - 12:13 PM
I am starting to suspect there's a big party over at Citi and all the Salomon guys are too sideways to trade anything.
#4
SemiBizz
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Volume Dynamics Specialist
Posted 05 November 2007 - 12:14 PM
CSCO earnings... another 100 pts on Nasdaq from here by Thursday. 
But I am not betting on it... 
But I am not betting on it...
Edited by SemiBizz, 05 November 2007 - 12:15 PM.
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#5
NAV
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Posted 05 November 2007 - 12:28 PM
Time to close that hedge IMO was Friday's top tick. Top tick close = Gap-down (high probability, if it's a Friday)
And it's not some hindsight stuff. 25% in 30 minutes on Friday. Although i didn't make as much as Tea on his weekly OEX calls.
But i have a sneaking suspicion they will fulfill your wish later today.
And it's not some hindsight stuff. 25% in 30 minutes on Friday. Although i didn't make as much as Tea on his weekly OEX calls.
But i have a sneaking suspicion they will fulfill your wish later today.
Edited by NAV, 05 November 2007 - 12:30 PM.
#6
denleo
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- Chartist
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Posted 05 November 2007 - 01:06 PM
NAV, I know they will fullfill my wish by the end of the day. That is obvious. But I wanted sooner than that. I don't know what is taking so long.
If it is not a 9-1 down volume or breadth day, we rally.
Denleo
#7
ogm
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Posted 05 November 2007 - 01:16 PM
Hmm....
I think they need some external help.
So far...
Rally on rate cut imploded with a bang.
Good employment report on Friday produced a tiny bounce that was already sold.
Good ISM report today didn't do a thing for the market.
Good economic news is getting discounted and sold.
Where is that...
I think they need some external help.
So far...
Rally on rate cut imploded with a bang.
Good employment report on Friday produced a tiny bounce that was already sold.
Good ISM report today didn't do a thing for the market.
Good economic news is getting discounted and sold.
Where is that...
Edited by ogm, 05 November 2007 - 01:18 PM.
