35854 replies to this topic

[Plasma]

Well, Friday has arrived, and what will the day bring!? Good luck to myself with the short warrant and to Chubby and others who may have some shorts in the market.

No doubt we will see another tussle between bullish and bearish views - ain't this great!

Have a profitable one whichever way it goes!

PS

Where is Pipman? I know he might be upset by the 2 in a row sharks loss, but to just disappear in the mist ain't good.

[Plasma]

Nice recovery!! I tried the strategy once or twice as well but I'm still licking my wounds!  And talking about accidents..I forgot to cancel my working order short @ 34440 and guess what..It triggered and then went straight back to 34500(3 contracts!) Ouch...I will let her run a little bit else just close and cut my losses and come in again @ 34700

That dip was a result of this - cut and paste from Marketwatch:


Never underestimate the ability of the Bundesbank to mess up your day.

Here we had U.S. stocks in a nice cheerful rally mode and then those uptight guys go and advise Germany’s high court to reject Outright Monetary Transactions.

It’s not the final word, but as ZeroHedge promptly pointed out, the move does increase uncertainty over the transactions, which would let the ECB prop up all those peripheral economies that can’t get their acts together.

It was enough to knock nearly 100 points off the Dow in a hurry, on slightly higher fears of problems in the euro zone, more economic disruption, and yet another round of meetings to do something.

On the plus side, those high-frequency algorithms don’t appear to be nearly as sensitive to this stuff as they are to fake AP tweets.

– Tom Bemis

[Plasma]

Emerged with small daily loss after my accidental short earlier today. Was relatively confident about the high of the day and took another short, whereafter there was another leg up, but then the turn down, and with the profit of the 2nd short I mostly canceled out the loss from the first. Yes, a bit risky and not generally advised, but happy it worked. Will sleep better tonight.

Have a short Warrant from earlier today. Should the big whack come tomorrow, it is lying waiting there .

[Plasma]

[Edit] Sticking to my original plan..Waiting for better short entry @ 34700 Tomorrow should be an up day at least during the morning trade..Hoping to get in by mid afternoon. Have a working order to open @ 34400 just in case something happens while im in lala land :)My hourly Chart confirming a rising wedge and the taper somewhere around 34800'ish

Thanks Chubby

Pity the attachment does not want to open. Can you repost?

[Hit & Run]

Out 34494

Short 34527 looking for 60 points during the night

[Hit & Run]

Short 34527 looking for 60 points during the night

[Beorn]

Long @ 34581

We have absolutely no down momentum.

 

Closed half of long @ 34775

Tomorrow US GDP data will move markets up, no matter what the figures show.

[Beorn]

Nice support @ 34720

[Hit & Run]

If you believe Wall street is going down after our market closed (They currently up 79 points) then you can take a short. Since our market is then link to them on IGM

[Hit & Run]

Good call

I think i will take it at 34620

[Hit & Run]

At last a few points for the shorts, they deserve it!

[Ninja]

scary double top formation on S&P around 1597....   hell help us we drop from that height

[Beorn]

Hi bc,

 

We should end up near the highs of today as the US too got some points higher left but be short and sit tight, from tomorrow the last red wave is coming..!!

 

Ya ya, I can hear the longs laugh, but again you have been warned, take your profit today and well done, from tomorrow the biiiig whack will commence!

 

A

 

Lol, so far I am happy to be on the other side of that trade.

[Plasma]

Will sleep with my acquired short tonight ......

[Argento]

Hi bc,

 

We should end up near the highs of today as the US too got some points higher left but be short and sit tight, from tomorrow the last red wave is coming..!!

 

Ya ya, I can hear the longs laugh, but again you have been warned, take your profit today and well done, from tomorrow the biiiig whack will commence!

 

A

Hi A is there any signs of some shorts for today

[Plasma]

Now who said that the color red cannot be soothing on the eye and mind .....

[bear catcher]

Well done C! Thought yesterday you were a bit optimistic.

Hi A is there any signs of some shorts for today

[Plasma]

Thats me out @ for 34585..Looking for a short at 34700!

Well done C! Thought yesterday you were a bit optimistic.

[Argento]

Seems impossible but yes, next Wednesday we might just get there!

 

This is a good short squeeze though...

 

Still holding on!

 

A

HI A so you still predict 32700 or not so low, that will be one big wack, i just seem to feel that on dailies there is still more upside

[bear catcher]

There goes 34600 well done bulls