Bears: how soon till we re-test the low on the S&P?

L

lolatency

I'm guessing roughly 1.5 weeks, and we'll bust through this time.

I rarely make calls, but -- short here @ 800 on the S&P, cut losses at 815* and hold the rest with some reasonable money management strategy to 650.

* If news comes out, don't f around and cut immediately. News meaning some kind of reaction to the GM/Ford thing or some news about the health of bank books.
 
Quote from Thermactor:

The whole rally from 6.5k was pure BS!
More...

I sort of enjoy the lol-bot idiocy on the forums, so I feel as if the following is required, as an addendum to my post:

ZOMG THAT RALLY WAS BOGUS SO SHORT AND TAKE RISK FREE PROFITZ$Z$Z.
 
Quote from lolatency:

I sort of enjoy the lol-bot idiocy on the forums, so I feel as if the following is required, as an addendum to my post:

ZOMG THAT RALLY WAS BOGUS SO SHORT AND TAKE RISK FREE PROFITZ$Z$Z.
More...
If you are insinuating that what I posted was lol-bot idiocy, then I am very disappointed with you. Off we go, into the wild..
 
Quote from Thermactor:

If you are insinuating that what I posted was lol-bot idiocy, then I am very disappointed with you. Off we go, into the wild..
More...

No, I wasn't implying anything about you. :-) I was just being a lol-bot idiot for the sake of fun.
 
Quote from lolatency:

I just shorted that last pre-market 800 tick on the pullback. Let's see how this works.
More...

Sliding the stop to 80175 and going to sleep. My friends, continue the selling.
 
Quote from lolatency:

Sliding the stop to 80175 and going to sleep. My friends, continue the selling.
More...

Sliding this down to 797.00, so I don' t wake up with a loss. Entry is short 800.00, loss gets triggered if time and sales ticks 797.25 or higher.
 
Quote from lolatency:

Sliding this down to 797.00, so I don' t wake up with a loss. Entry is short 800.00, loss gets triggered if time and sales ticks 797.25 or higher.
More...

Comfortable with the short-term entry; now I enter swing-trade mode and let this one ride. Leaving stop in the book at 797.25 and going to sleep [for real, this time.]

Only 1 contract, looking to cover at 676.
 
Quote from lolatency:

Comfortable with the short-term entry; now I enter swing-trade mode and let this one ride. Leaving stop in the book at 797.25 and going to sleep [for real, this time.]

Only 1 contract, looking to cover at 676.
More...

Over the last couple hours I shorted at 802 and just a couple minutes ago bought back at around 792.25.

I like the idea of holding into swing trade mode and I will most likely do the same and re-enter when some key levels break.

I really don't want the entire financial world to go to shit but...
 
You must log in or register to reply here.
Back
Top