Attention: I am now short!

Quote from EMRGLOBAL:

market is spooked...

The volitility today is crazy... The breaking news out of the EMU....is laughable. The fools are rushing in buying...

Yet these fools may just force me to cover if they run this thing... So then, I will be the fool if that happens.

:eek:
More...

I don't think you should ever cover until you prove that you are right and the markets are wrong. Just hold into next year. Someday you might be right.

And we all know how much more important it is to be right than making money.

bonne chance
 
ICEMAN,

Im sure your one of the Million Successful ET traders just roll'n in Benj's huh?

Well, I did take a loss today as I was forced out. But let me guess, you were long all the time right.

LOL.

Keep talking shit my man and hide behind your handle on ET, Mr. Private Invesor.:confused:
 
Quote from tradingjournals:

qqq at 56.29. $2.33 for the sharks. I would bet that the troll in chief and the drama queens have now noticed the down trend in hindsight. Is it a good place for the sharks to take some profits? :cool:

This thing is moving faster than me typing. What is wrong bulls? Now 56.22... where is the floor for today?
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You see, smart money has again kicked dumb money at the area of the bottom. Stick it to them at the top, and kicking their azzes at the bottom.:)
 
Quote from iceman1:

I don't think you should ever cover until you prove that you are right and the markets are wrong. Just hold into next year. Someday you might be right.

And we all know how much more important it is to be right than making money.

bonne chance
More...

I read a number of posts of Iceman recently, and I believe he is really good.
 
Quote from EMRGLOBAL:

ICEMAN,

Im sure your one of the Million Successful ET traders just roll'n in Benj's huh?

Well, I did take a loss today as I was forced out. But let me guess, you were long all the time right.

LOL.

Keep talking shit my man and hide behind your handle on ET, Mr. Private Invesor.:confused:
More...

I'll tell you the truth... yes I have a lot of longs; but I buy and sell option premium and swing in and out. For example, long calls and short puts (spreads) on OIH. Today I went long ITM put (i.e. short) OIH.

I bought MNX (NDX) 240p @ 7.15 - perfect timing; but got shaken out ( actually was pissed off at another position so I sold for a small profit rather than place a stop); soon as I was out - 48 hours later- they hit 12 bid, before the market rallied! !!!###@@&&. It is hard to short these markets in the 4Q. Can we go down in Nov? Possibly. But I am not betting on it, other than as a swing trade. But I have been wrong many times.

I have learned the hard way, not to fight the market or the crowd in the ST
 
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