Dan Zanger shorting Goldman Sachs in a big way...

I took this moron jumpshot off ignore to reveal this thread again.

I smelled ya coming a mile away.

Saying you'll cover and short does not make a trader. The original trade had no basis at all. Just a GS bash based on hype. No better than saying that if the stock goes down I'll buy more.

Now if you took the 20 cent loss I'd say that was a trader. A 3-5 $ loss, thats a sucker.

If you had half a brain you would have realized I was telling you this was a moonshot and gotten long.

As for those that mocked my rocket.

Happy Landing.
 
Quote from Jumpshot:



This site is worthless for discussion of any trade because all you get is two-bit trolls with meaningless commentary.
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Or folks that come back with new usernames pretending to be someone they're not and hiding behind new anonymous proxies each time. Somehow they always identify themselves, though :)
 
Yes indeed.

This kind of profound idiocy cannot be faked or hidden. I rarely comment on someones supposed trade, but this one , coupled with that Zanger reference gave me a 96.5 probability that it was a stinker.


Nothing is more reliable than fading the rantings of a loser.
 
I look at the 60-minute, 30-minute, 15-minute and 5-minute candlestick charts (on the same screen) during the day. The white line across the screen was my not to exceed price. I covered around that line for a small loss. The candlestick at the white line gave a clue as to what would happen next.

When I saw the 60 minute go red, then I re-entered the short at 155. Lets see how it goes in the morning.

This is the 60 minute candle-chart.

2vw78rb.jpg
 
Here is the macro view of GS from 2006. You can see the logic behind the trade. A failure above that line would make for a nice pullback.

2m64p3l.jpg
 
Well if he said he is going long mean we need to short it
I never beleive these MOFO
LAst time George soros said he bought a position in LEH i went aheah and bought it and what happened thinking a smart guy like him
I guess he was unloading while we were buying
All F MOFO
 
Im going to keep adding to the short on the way down. Looks like JPM earnings came in less then what I expected and the bankruptcy of CIT is looming. CIT is like a mini-Lehman. 1/8th the size...
 
I can suggest a fee-based service if you need real time trades and position information. I bet it would vastly assist you with your trading rather then trusting whats on elitetrader.

Quote from Ivanovich:

Why don't you post all your positions, and stops, so we can watch the fun?
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