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Post by brosin on Oct 8, 2010 8:58:35 GMT -5
It seems like we have been primed for a drop. Where is it? The still trapped bears would really like to know!
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Post by clemsontygr on Oct 8, 2010 9:20:37 GMT -5
I'm adding shorts on every pop up .... LOL Where's your % gains to the upside, 1 -2 % really ?? VS 5-8% down ... Hmmm, seems like a no brainer... Just wait till the douchebag Sack is done buying with his free POMO $$ ... then we'll get the ball rolling
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Post by snapplemoney on Oct 8, 2010 9:22:35 GMT -5
dont see a drop today so far all im seeing is consolidation i believe that 1163 high will be taken out if we see a dip next week i think it will be bought up. jpm earnings will be the tell
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Post by snapplemoney on Oct 8, 2010 9:29:59 GMT -5
bottom line is watch 1155 1152 1150 those are the marks. i dont see a 250 pt down day but hey you never know. so far i did 2 trades off of crm and was profitable holding some nov calls for i think we will move up some for oct opex
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Post by clemsontygr on Oct 8, 2010 9:34:30 GMT -5
Snapp, I'm loading the boat heavy on the TNA short bus. Easy set -up,
Stop (virtual) set at IWM 69 ....
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Post by brosin on Oct 8, 2010 9:48:19 GMT -5
i worry you might be a few painful weeks early clem - could be wrong.
FOMC meetings...... Nov 2-3 this time around.
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Post by clemsontygr on Oct 8, 2010 9:54:07 GMT -5
i worry you might be a few painful weeks early clem - could be wrong. FOMC meetings...... Nov 2-3 this time around. No worries bud ... Nothing ventured, nothing gained ....
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Post by snapplemoney on Oct 8, 2010 10:00:09 GMT -5
im leaning to any drop after the fed meeting alot of earnings comming out next week unless we have a major disappointment i remain bull. I will only sht for day trade
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Post by clemsontygr on Oct 8, 2010 11:12:07 GMT -5
Ha !! Didn't get stopped out ... LOL Added heavy on the spike, will hold for one week !! Wish me luck !!!
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Post by trading4dough on Oct 8, 2010 11:32:36 GMT -5
if you have short smart accumulating only on the pumps you r ok
i prefer the quicker trades
we r in unchartered territory here so you have to respect that
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