This Seasoned Bull Is Still Hornier Than Larry King Overleveraged On Viagra

[Lojanica]

Quote from Ivanovich:

I bought a small position the other day when SPY was coming out of 118 (like I said in a previous post) and a load of AUD/JPY (an equity proxy) and am holding at the moment. Tight stops. Hard to short a rigged market.

And I'm 6'5", 235 lbs.

You're funny. I'm sticking to my guns. Short and proud.

 

[Ivanovich]

Quote from noddyboy:

Ivanovich, how do you trade currencies? forwards or futures? Thanks! Also, isn't USD the new carry currency with rates lower than JPY?

Futures. And the USD is a carry currency by definition of it's rates, but JPY still has it beat.

 

[Ivanovich]

Quote from Lojanica:

You're funny. I'm sticking to my guns. Short and proud.

Short and bleeding, more likely. Up we go again!

 

[Lojanica]

Quote from Ivanovich:

Short and bleeding, more likely. Up we go again!

Not.

My favorite chart the hourly is looking good for shorts.

Bing, bing, bing.

 

[S2007S]

Surprised aapl isn't producing a huge market rally today.


Cant believe how weak the market is, why aren't the bulls pushing it to new highs for 2010.

WTF!!!

 

[Lojanica]

Quote from S2007S:

Surprised aapl isn't producing a huge market rally today.


Cant believe how weak the market is, why aren't the bulls pushing it to new highs for 2010.

WTF!!!

Early adopters are short. The overnight tells it all. 1185-1190 is the real battlezone. May take a bit but we're headed that way.

Remember the quote about pigs getting slaughtered. A warning to longs I can see the door to the meat packing plant from here.

But I am trailing my stop now ; )

 

[Ivanovich]

Quote from Lojanica:

Early adopters are short. The overnight tells it all. 1185-1190 is the real battlezone. May take a bit but we're headed that way.

Remember the quote about pigs getting slaughtered. A warning to longs I can see the door to the meat packing plant from here.

Could be. Looks like it took a turn south. I can almost hear the Batman announcer...

"Is this the end for our famous crusaders Banana Ben and Tax Cheat Timmah?"

 

[Lojanica]

Quote from Ivanovich:

Could be. Looks like it took a turn south. I can almost hear the Batman announcer...

"Is this the end for our famous crusaders Banana Ben and Tax Cheat Timmah?"

This is a strong bull and the takedown is difficult. That's why shorts will have several opportunities but the behavior is very toppish with an increase in swings up and down. An unconfirmed double top. The cycle has run its course. If we do continue higher than I have to say holy shit. I think selling calls on the bounces is pretty safe here. Outright selling---that's a tough one except for short snipes. But taking money off the table absolutely.

Grains are looking better and better

 

[bellman]

great thread title

 

[shortie]

As CNN was working on a documentary "10 Memorable Moments From CNN Larry King", Larry was asked to think of a memorable moment.

"Nailing my wife's sister perhaps..." - A confused Larry King suggested.





p.s. don't forget to mention the author of the joke if you are putting it in your little blogs, etc.