Anyone short spooz today (9-28-09)

Uncle_Ho · Sep 28, 2009

I'm short a bit up here at 1056. Only a 60 lot. What do you guys think?

noddyboy · Sep 28, 2009

Quote from Uncle_Ho:

I'm short a bit up here at 1056. Only a 60 lot. What do you guys think?

That is not a small position...short $3M notional?

Uncle_Ho · Sep 28, 2009

That's not small? I dunno the tick size in there, its confusing?

noddyboy · Sep 28, 2009

Quote from Uncle_Ho:

That's not small? I dunno the tick size in there, its confusing?

You are risking $300k in a single day -- depends on your pockets I guess. I done more, but now I just take a long view.

Uncle_Ho · Sep 28, 2009

I'm a professional paper trader. Covered 15 for a pt, holding 45.

Uncle_Ho · Sep 28, 2009

These stocks look like they could trade a tiny range for the next 2 hrs, i dunno if im gonna make on these.

Uncle_Ho · Sep 28, 2009

I'm scratched, wasn't fully convinced we are done rallying, I would sell upper 1050s and lower 1060s for sure/

MohdSalleh · Sep 28, 2009

Quote from Uncle_Ho:

I'm a professional paper trader.....

this is loserish

[Proximo] · Sep 28, 2009

Not yet will look to get short 62.50.

If we continue up from here without retracement.

S2007S · Sep 29, 2009

DAMN THAT DROP WAS QUICK OFF THE CONSUMER CONFIDENCE NUMBERS.

Dow went from +40 to -15 in about 50 seconds.