$700 Goog

J

Joab

LOL

It's off to the races again today !!!

I've got a pending limit order to short $699.00 but I would love to see a high probability set up at anytime to take this trade.
 
Then why short all time highs? Since when is that a high probability short setup. Good luck with the trade anyways, hope you get out with a good chunk of $$$.
 
Quote from Joab:

LOL

It's off to the races again today !!!

I've got a pending limit order to short $699.00 but I would love to see a high probability set up at anytime to take this trade.
More...


I bought some puts today on GOOG to hedge my longs (other stuff). This is a perfect entry -- some psychological resistance, and this is due for a correction. lack of volatility makes them cheap too.

god forbid the broad market unwinds, this has a good 100pts of downside easy.

underweight position though.
 
Quote from makloda:

Then why short all time highs? Since when is that a high probability short setup. Good luck with the trade anyways, hope you get out with a good chunk of $$$.
More...

Limited Risk and HUGE REWARD. :)
 
update:

Limit to short 699.50 pending

Would love to see it spike there quickly IF it takes too long and consolidates then I will cancel the order.
 
You must log in or register to reply here.
Back
Top