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covered the short from a couple of days ago at -130 points at 2:02AM at 9610. still have another short, this one from yesterday, at 9564. Despite this huge loss, the morning I'm at better than 25% of my primary financial goal. Luckily, I'm better at stock trading than futures trading.

I should be shorting more right here, but I have too big losses in my other short positions. I'm going to let this one pass.

Unless the market goes into free fall. That would be nice! I would get right in off this ledge. :D

Aha. My fellow shorts are craven cowards! Can't trust anybody. Ah, going down, but will it continue down? What a rough day to be countertrending. lol

This persistent up movement is deadly to my short positions. I'm starting to look for a ledge. What's holding this market up?

Kap: Can you say how you determine your stops?

Yeah, it makes you think about brushing off that resume. Think we could get Grasso's job? Even at half his pay, it could be easier than this.

short ym 9564

What is your tally for the day? You had a lot of good little trades in there.

Covered one short at 9511, +16. Underwater a lot on the other.

You're safe. The commute is a tad longer than an hour. :) Yes, I see cataclysmic developments this afternoon! I see the market crashing soundly, allowing me to exit my short positions with huge profits! Oh, you didn't want wishes, you wanted actual predictions? Then, no.

If I could just find a graceful exit to my short positions, I'd be happy to join you. Warm ale is fine with me.

I'm not quiet. I'm exhibiting patience.

You lost me. You were short three batches overnight, seem to have covered two and reshorted them but said the second was the last batch? Did you get out of two of the shorts at once? At losses? QUOTE]Quote from damir00: out last batch @ 9526. reshort @ 9542.

I downloaded IRC software for the Mac and tried to add the server, but I can't connect: it says "connection refused." Do I need a password or something else? Port is 6667

Yes, he's cool! Do you have a link to #indexfutures? I would like to see that!

This is a short thread. Why don't you actually read it to find the answers to these questions? Posts ONE and TWO and a post on page FOUR, define the entry and exit criteria in specifics. Why waste posts asking the questions when the answers are already clearly defined in advance?

Sure, come on aboard! glub... glub... a few solitary bubbles are seen by keen observers in the distance...

I think you have three positions and I have two. You: 9467, 9495, 9525. Me: 9480, 9527. Is that correct?

I would never tease about ice cream. I will trot across the street and buy your flavor in your honor. It's going to be an anxious night with two large short positions. Ice cream makes everything better. Well, almost everything.