Volente's Bar and Grill

Quote from PushPull:

'tis very hard to nail a rally in circumstances like this. And very hard too to start new shorts. Scaling out and lowering risk to comfortable zone is probably the best alternative. Who knows what is behind the MF fiasco and whether other firms will join the problem wagon. I read that Don Miller had his 7 figure account frozen. When you have problems at Chicago clearing firms, everything gets very dicey.


I agree.

But r10 still working 12.5 22.5 :)






isn't he the one that lost 350k in one day scaling into tf a while back ?


Good call on the sell off. Options had 130 spy as the upper range but I thought we would test it one more time before falling.
 
Quote from PushPull:

And very hard too to start new shorts.

So true.

I hesitated on the pullback to 33. I then planned to enter on a break below 25, but could not pull the trigger as it seemed overextended and here we are.

A pullback would probably be due under normal circumstances, but in the face of a real crash, I guess not.
 
Quote from Laissez Faire:

When will you cover your imaginary short? :)

Prepared for a pullback here or out already?
I covered 7/8 ths of my imaginary short already, and have another 15/16 ths still open, for a total of of 144/32nds confiscated. The analysis stays the same, low of the week near the end of the week.:p
 
Quote from PushPull:

I covered 7/8 ths of my imaginary short already, and have another 15/16 ths still open, for a total of of 144/32nds confiscated. The analysis stays the same, low of the week near the end of the week.:p

Too bad it`s imaginary. :p
 
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