Weekly Poll: Don't Short A Dull Market?

SPY Next Week?

  • Bullish

    Votes: 25 54.3%

  • Flat

    Votes: 7 15.2%

  • Bearish

    Votes: 14 30.4%

  • I prefer to keep my opinion to myself

    Votes: 0 0.0%
  • Total voters
    46
don't want to read too much into Sun night Futs (ES 1074.00 -2.00), but i am a bit surprised that the bulls don't show any balls given the fact that we had a decently oversold market last week and no major bad news (i think) over the weekend.
 
Quote from tradingjournals:

Nasdaq-100 futures are at 1805. I think we would rise from here. What do you think?

I have a feeling that we would see a rise in stocks, a retreat in bonds and a rise in EUR/USD, from current levels.

EUR/USd at 1.2740, Bonds at 125'25, and NQ at 1805. Numbers are also nicely round. EUR/USD would be better if it was at 1.2710 area.
More...


Nasdaq-100 now at 1823. It rose 18 points from 1805. I played the wrong instrument (bonds which moved only 6/32; now at 125.19). EUR/USD rose 80 pips.

EUR/USD is about to hit a possible resistance at 1.2828.

We may have a (Final?) pull back in EUR/USD, rise in bonds, and retreat in stocks, and the real move?
 
Quote from tradingjournals:

Nasdaq-100 now at 1823. It rose 18 points from 1805. I played the wrong instrument (bonds which moved only 6/32; now at 125.19). EUR/USD rose 80 pips.

EUR/USD is about to hit a possible resistance at 1.2828.

We may have a (Final?) pull back in EUR/USD, rise in bonds, and retreat in stocks, and the real move?
More...

Pull back is placing now. EUR/USD is now below 1.28. Would the move stop before 1.2790 and 1.2780? Bonds also rose, and stocks future declined. NASDAQ-100 now at 1814 (one point above midpoint of 1805 and 1823).

Are we now close to the moment of truth?
 
Are we heading higher, and this retreat is a trap? Any stocks that are poised to go higher when market goes higher?

I would love to see bears covering their shorts in a rally.
 
Bought BGZ @ 15.24 sold at $15.45.

Shorted the dull market for about 90 mins!!


:D

Back to waiting for at least a 2-3% jump before throwing on more short positions.
 
Quote from S2007S:


Back to waiting for at least a 2-3% jump before throwing on more short positions.
More...

Are you sure? Is it not wiser to buy the dips?

Double check whether your are walking upside down. :)

Folks: How high will this up leg go?
 
Quote from tradingjournals:

Are we heading higher, and this retreat is a trap? Any stocks that are poised to go higher when market goes higher?

I would love to see bears covering their shorts in a rally.
More...

It is in the green! (I am looking at the QQQQs, will SPY follow today?).

TJ Shortie Out :cool:
 
You must log in or register to reply here.
Back
Top