9/20/05: The Only Direction To Trade Is...

[Free Thinker]

dell dive dude.

 

[lkh]

Well the market gave a short window to cover at a profit and closed the escape hatch. This market has a spank the shorts feel to it.

 

[EqtTrdr]

Quote from EtfTraderLives:

What you think this is, a real time chat channel?

sup wit da trade status?

 

[Enfinity]

hope he covered...can't seem to break that 39.30 mark, but I don't see the downside drivers for busting through the support at 38.70

Lot's of good news circulating these days.

 

[rubberbird]

Quote from EtfTraderLives:

$38.25 4 parts
$37.82 1 part
$39.14 5 parts
$39.00 7 parts
$38.91 5 parts
Total 220% short

Avg $38.82

Quote from EtfTraderLives:

GOOG short mid $353 avg

Quote from lkh:

Did we cover this or are we holding a goog short 18 points down? What is your game plan here?

Quote from EtfTraderLives:

Game plan is to hold. Not pleased with it, thats for sure.

it's mr. market, but on the sell side!

 

[Apex Capital]

Quote from EtfTraderLives:

$38.25 4 parts
$37.82 1 part
$39.14 5 parts
$39.00 7 parts
$38.91 5 parts
Total 220% short

Avg $38.82

Stops are in.

And what stops would those be???
39.41 last.

 

[jackbyrd]

Quote from Apex Capital:

And what stops would those be???
39.41 last.

Folks, the opportunist is back. He only posts when he is certain the market is heading in his direction. This is more than likely your signal to exit longs and/or enter shorts as this individual is the most consistent fade in the business. Good day.

 

[lkh]

Quote from jackbyrd:

Folks, the opportunist is back. He only posts when he is certain the market is heading in his direction. This is more than likely your signal to exit longs and/or enter shorts as this individual is the most consistent fade in the business. Good day.

Asking about stops seems like a legitimate question to me. There may be some people on elite who followed this trade and are feeling nervous right now. Just in case you are wondering i am not one of them because i never short.

 

[EtfTraderLives]

FWIW, covered it all $39.28

 

[Apex Capital]

Quote from lkh:

Asking about stops seems like a legitimate question to me. There may be some people on elite who followed this trade and are feeling nervous right now. Just in case you are wondering i am not one of them because i never short.

You have to excuse our resident Jacky-Off.
He has no need for stops because he does not trade.
He merely comes onto ET to play on the Internet while his parents are away at work.