Anyone buying this little dip?

Quote from DHOHHI:

GOOG -45
BIDU -43
AAPL -13
RIMM -13

Then buy more of your beloved stocks.

You still don't get it -- the economy -- the impact of housing, subprime, foreclosure, oil, consumer spending, etc.

Markets don't go up forever. That's why any decent trader plays the short side as well as the long side.
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Um you're logic is flawed because you don't know when the to precisely enter the short side. You cant rely on the news of you're own personal biases. What you may think is bad news and a dire situation may not be.

Consider August 16. Tons of doom and gloom. But was it a good time to go short? Nope. neither was august 14 or 15 because the market rebounded sharply after.

Can you make gains going short? Yes, but it is less work just going long, buying dips in this huge bull market.
 
Quote from stock_trad3r:


Can you make gains going short? Yes, but it is less work just going long, buying dips in this huge bull market.
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Making gains going short today has not been that difficult. The trend has been down from practically minute one on the NQ. The problem has been adjusting the stops.
 
Quote from smilingsynic:

Making gains going short today has not been that difficult. The trend has been down from practically minute one on the NQ. The problem has been adjusting the stops.
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If the trend is so obvious why do you need to worry about stops? :confused:
 
I am rooting for a panic sell off into close and institutional dumping.

But that happened yesterday and doubt will happen.

Just sitting on my positions right now and not going to do anything erratic
 
Quote from stock_trad3r:

HUUUUGE while candle dow surges 70 points in 5 minutes

this may be the bottom

lol panic panic
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yes rally final hour maybe can turn it positive
 
Quote from pumpanddumper:

I am rooting for a panic sell off into close and institutional dumping.

But that happened yesterday and doubt will happen.

Just sitting on my positions right now and not going to do anything erratic
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you still holding DXD??

I bought it about 3 months ago and finally got out of it today with a small profit, sold at $52.25, looking to get back in under $50. As volitile this market is, $50 can come tomorrow.
 
Quote from S2007S:

you still holding DXD??

I bought it about 3 months ago and finally got out of it today with a small profit, sold at $52.25, looking to get back in under $50. As volitile this market is, $50 can come tomorrow.
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Yes, monster pussy I was again for not averaging down at $47 last week at 13,800 DOW.

Played a little DDM too.

Flipping qqqq and qid sometimes.
 
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