1:08PM, May 19/08, NDX Multiday Market Call! Sell anylong, and Go Short

Quote from Wrongside:

I can only assume it is a chick because I don't know any guys taht talk or act like her.
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She cracks me up when she refers to herself in the third person. It reminds me of a Seinfeld episiode where a character named Jimmy referred to himself in the third person.

"Jimmy is sweet on you"

"Jimmy is getting upset"


etc etc. etc.
 
At 10:30AM, NDX is down at 2025. Latest RFT's call followers UP 30 NDX points. That morning gap down is nasty. Although I am up, I feel for those who stayed long during the night. It is not fair
to wake up to a gap down.
 
Quote from nonlinear5:

Well, NDX closed at 2055. That means I made 49 NDX points today, and since riskfreetrading is still short, I am still long. I'll exit when riskfreetrading capitulates.
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I hope you bought some puts to cover yourself. As I write this, NDX is at 2015. Just in the last four days RFT is up (in reverse of time)

[40 (today) + (?>0)+33+40] which is more than 115 NDX points. 115 is around 10% of NDX.

He just posted the count and his market wisdom on his blog, and will post more.

PS: RFT is now heading to EUR/USD to see if there are some bulls horns that need some cutting.
 
Quote from riskfreetrading:

RFT is now heading to EUR/USD to see if there are some bulls horns that need some cutting.
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Tell him to bring me back a bucket of "extra crispy".
 
With NDX closing in on +60points of NDX gains for RFT and his followers, RFT bought back his short calls which just yesterday were very expensive.

Covering took place at this exact time 2:16:sihPM, and have wish good luck to the guy who took his position. He also thanks the bull who bought the call of him yesterday when NDX was at 2055.

RFT (God bless him and his good readers) has done it again :cool:

The count of NDX points made in just 4 days is now about 135 points fellows!
 
As recorded in my blog, yesterday my followers bought NDX 2022 (when RFT went short) and reversed to short at the close at NDX 2055 (when RFT got a margin call on his short position). My followers covered the short position at NDX 1995 at exactly 2:58pm today. Total gain is 93 NDX points in just two days. Flat for the weekend.
 
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