People are positioned badly again ahead of Fed

I agree, the serious point swings are great for all the daytraders who like to capture volatility and who are not afraid to enter either side, reverse, or loose.

This is an excellent market for risk takers, on both the swing trades and the "day trading".

Sucks for the 401 Jocks. They may have to watch all their "Gains", washed away by a down ward draft, gains from 1999.
 
Quote from EMRGLOBAL:

I agree, the serious point swings are great for all the daytraders who like to capture volatility and who are not afraid to enter either side, reverse, or loose.

This is an excellent market for risk takers, on both the swing trades and the "day trading".

Sucks for the 401 Jocks. They may have to watch all their "Gains", washed away by a down ward draft, gains from 1999.

Yeah I agree. I don't even contribute to my 401K.
 
Quote from athlonmank8:

Vicious? LOL. Why on earth would you use that adjective to describe what's been going on.

The selling is warranted.

That wasnt his point he was just pointing out the fact that there are so many pikers on here that dont trade. The market has fallen more than 10% so if you were still bullish you would have had plenty of op to get long. The thing is if the market did fall again the guy wouldnt buy then come and whine about how he is looking for a buying opportunity.
 
Detective,

you say people are positioned badly ahead of the fed meeting. How do you know this? Hedge funds are usually secretive about their strategies and positions. I find it interesting that you know what their positions are and what they are going to do.
 
Quote from mark77418:

Detective,

you say people are positioned badly ahead of the fed meeting. How do you know this? Hedge funds are usually secretive about their strategies and positions. I find it interesting that you know what their positions are and what they are going to do.

Hedge funds are like sheep. I don't need to know what all of them are doing. I do know what a small sample of them are doing, and that is getting long financials and retailers after viewing the action last Tuesday and Wednesday as a bottom and holding on hoping that the Fed will come to the rescue and help them cut their losses on a horrible month. I am sure many are doubling down here ahead of the Fed and looking for a home run to get themselves out of the hole. Look for the market to fade slightly as we get closer and closer to the announcement as some of the trade unwinding begins.
 
Quote from EMRGLOBAL:

any position ahead of the Fed, held into a fed is a calculated Risk.

I shorted yesterdays close (small) and shorted the same instruments again today into the close (last 5 Mins).

I am in the red but my average in is "excellent" and I will be positioned proper for a sell off.

This is a Risk play, very limited hedge (as it eats up capital) and light enough to get out, without being killed.

If the trade works out (Second up day today, very choppy and expect up and volatile tomorrow) a first wave down may create a scratch, however the second and third wave will bring in serious profits if the market gives back the gains so far.

Fed is a non-factor in my trade. I expect wipsaw action with price movement up slightly on close but a serious sell off following some noise for a few days.

GenFRANCE is seen as widening in their "Arm's of Reach to US banks/brokers, bad news is still out their, Home Starts, Inflation, etc. Nothing has changed in the current condition of the economy, even with Feds and GOV stimls. package.

Now the only question that remains is whether you're capitalized enough to be right...
 
Quote from dtrader98:

50bp cut.

And both short interest and bearish sentiment have been at extremes.
Go back and check your sources.

Shorts will be blown out of the water tomorrow.

High Five if you paid attention.

Read em and weep if you're short.
 
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