I'm adding to shorts...

trade-ya1 · Jan 28, 2004

I got lucky. Now I'm adding due to confirmation. I think the market can be -200+ today.

PuffyGums · Jan 28, 2004

Congrats I think you just nailed the intra-day low.

noddyboy · Jan 28, 2004

Quote from PuffyGums:

Congrats I think you just nailed the intra-day low.

There is always tomorrow...

trade-ya1 · Jan 28, 2004

May have. It was -100 when i wrote the message. I'm still a believer, nonetheless.

Momento · Jan 28, 2004

I sense no short term catalyst that would give it an upward break either. I added more QQQ shorts too.

Mecro · Jan 28, 2004

Shorting at the bottom always makes sense.

Good luck

CalTrader · Jan 28, 2004

Quote from trade-ya1:

I got lucky. Now I'm adding due to confirmation. I think the market can be -200+ today.

A good target .... probably wont quite get there though before the close.

Tommorrow should be interesting ... although I dont think there will be much to move us lower, I'm cashing out my shorts before the close and going into tomorrow neutral.

trade-ya1 · Jan 28, 2004

Mecro, a bottom is only a bottom in hindsight. :-)

waggie945 · Jan 28, 2004

not until 1122.00

Mecro · Jan 28, 2004

Quote from trade-ya1:

Mecro, a bottom is only a bottom in hindsight.

You're chasing a move. Do you really want to short the last 25% of the move just to see the market open up significantly tomorrow? You do have to have proper exits as well.

The real shorts were put in before the annoucements. Anyone shorting during that nosedive are just sheep.

I'm adding to shorts...

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