I can't decipher what you just wrote aside from being short the ES from 2035...that takes some gonads though...being 50+ handles under water.
Indeed I am 50+ ES handles buried on a short, but it is a hedge, and even if it were not, I can't bring myself to being too concerned (not really using leverage or anything) given what I perceive as an upside limited market w/ plenty of downside risk. Also consider for multi day swing trade that as of recently 50 handles is just not a huge move.
I do also have an outright short in SPY, but it is not with size; again not concerned.NoVoodoo might be replying to couple posts in his one statement. But yea, being generally bearish part might not have been directly in response to xandman's comment cuz xandman seems to trade on an even keel moving as the market does with ups and downs like Visaria does. And yea, it does seem the market may give some back Friday after a good run this weak
Our thread has bulls, bears, traders that respond both long and short depending on the situation, position investors, medium term traders, day-traders, overnight traders and we talk about futures, options, indices, commodities, stocks, ETFs, and we have traders and investors from all around the world..... and that seems to be what a market really is...many people coming together with different strategies, different prospectives, buying and selling, sometimes holding long, sometimes exiting toward bonds. Its a valuable resource to me and I really enjoy posting and participating here.
Its what I like most about this thread. The ability to post and talk about a position without concern of being stalked or threatened. To talk and post particularly with people who have a different outlook and hopefully we all learn a bit from each other.
The zero risk subject line was written just so many months before one of the biggest SPX falls in many years and thus was proven quickly that both buying and selling makes a market.
Excellent & eloquent post
