Thursday, October 29, 2009
Wrong intraday
The oversold bounce occurred sooner than expected, the bulls are very eager to buy here. Fast Money halftime bull bear on the close indicator is a tie, 2 - 2, so nothing to take away from there. I am sticking with the short because I see very little upside from current prices, good risk reward on the short side. I'm risking 3 or 4 points to make 20.
Subscribe to:
Post Comments (Atom)
Posts
6 comments:
Where did you get short at?
I think we're going to 1070 and then we'll get your pullback from there.
Hey what was fastmoney bull bear yesterday towards the close?
The Fast money bull bear was at 2 to 1 on the sell side yesterday, I believe.
I got short at the open, so I am underwater by quite a bit, I am taking this sucker home, these bastards will have to rip these hands off these short stock certificates.
Dude I notice that you get bearish more after the mkt goes down. When the market goes up, you get less bearish. If the mkt moves in steps, I think you're trading one step late man. Either that or you refuse to acknowledge the validity of the long trade and only think in terms of shorting.
Those fast money bull bear is garbage. Why pay heed to a bunch of journalists. Market paparazzi man, that's all they are.
Selling ABK @ 1.18 all of it.
I'm gonna stay 40% of my powder exposed for a short pop tomorrow.
Tomorrow I think we either pop up and go down or stay flat. Nothing greater than .5% if we pop.
Post a Comment