Perfect Shorting Opportunity

Quote from Tsing Tao:

Crude up $1.50 this morning, closing in on $90. A few more weeks of these gains and we're back at $100. See what happens then :)
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Leaped through $90. On it's way to $91.
 
What happened to your shorts at the latest bottom?

Could you let us know now when you turn very bullish (like you were very bearish at the bottom) so that we may attempt to time the top?
 
Quote from failed_trad3r:

I am getting more and more bullish. We should have gone down, instead we faked out up and then faked down. So this rally will run until S&P 1500.
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Pretty typical. When everyone is about to short - market squeezes it out of them. :D

And vice versa.
 
Quote from tradingjournals:

What happened to your shorts at the latest bottom?

Could you let us know now when you turn very bullish (like you were very bearish at the bottom) so that we may attempt to time the top?
More...

Don't forget, you'll need one of these first.
 
if we head higher convert Nov into a backspread or bull spread. If lower convert Dec into calendar bear spread.
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Smart idea!


Nojdo- LOL, I don't care of ETers bust my balls. No big deal as I bust everyone's Balls.

Also, keep in mind, unlike 99% of the ETers ...I do not trade for a living. I do other wonderful and exiting things to make money.

However, as I do understand the Swing Traders Moto of technical analyses, I believe the markets move base on pure Psychology of the herd. Of course, there are numbers to look at and we are moving into the high of 52 weeks....but the underlying emotion is FEAR and Desperation on behalf of fund managers. They want to be flat but now they have no choice but to jump in and try to catch the rally of the last week.

You can stretch a rubber band but it will break at one point. Im speculating it will break sooner than later.
 
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