Back to shorting

riskfreetrading · Jul 15, 2009

Qs now at 36.90. Adding. Still have some orders a bit higher.

niteowl8 · Jul 15, 2009

Quote from riskfreetrading:

Qs now at 36.90. Adding. Still have some orders a bit higher.

Why not just wait till a few minutes before the close and short a truck load? Looks like it will close at the high of day...

Ivanovich · Jul 15, 2009

Quote from lindq:

My systems are giving over 95% certainty of profits at shorting the close.

But of course, there is always that 5%....

Are you figuring into the equation the percent change that your system itself is wrong?

Roman Candle · Jul 15, 2009

Go ahead short you will fuel the run higher.

martymjp · Jul 15, 2009

Sounds like a continuation to your thread THE DOWN MOVE HAS STARTED on June 7......

satchel · Jul 15, 2009

Cashin calling it short covering rally vs the real thing.

piezoe · Jul 15, 2009

typical expiration week behavior. Likely down next week. But whatever. The near term trend is still down. But when we complete an inverted head and shoulders on the S&P is anyone's guess. Likely late this summer or this Fall.

Petsamo · Jul 15, 2009

If after-hours trading is an indicator, we should go down tomorrow.

martymjp · Jul 16, 2009

How them shorts working out for you alls? Covered or gone long yet?

Ivanovich · Jul 16, 2009

Quote from lindq:

My systems are giving over 95% certainty of profits at shorting the close.

But of course, there is always that 5%....

how about that 5%?