1:08PM, May 19/08, NDX Multiday Market Call! Sell anylong, and Go Short

Discussion in 'Trading' started by riskfreetrading, May 19, 2008.

  1. Few moment ago, I took half of my position off when NDX was at 1947. WhyI chose that number? Because the gain is: 2048-1947, which: 101 index points as gains.

    Let this thread then be an 101 course "It is possible to pick tops and bottoms".

    There are other reasons. We can discuss this later. I have to get to this other thing now

    PS: The mighty method nailed the daily the top of EUR/JPY, after nailing the top of EUR/USD. Check it here where I do it live.
    "How to kill bulls: Watch me do it in real-time" http://www.elitetrader.com/vb/showthread.php?s=&threadid=127543

    RFT ("Butcher of Bulls Horns" for EUR/USD and EUR/JPY the last two days).:p
     
    #81     May 23, 2008
  2. How did you take off a position you never had on in the first place?

    What about all your fake positions from lower then here?
     
    #82     May 23, 2008
  3. Okay, time to flip it long. Wish I stayed short all week. May be time cut rates to 0%.:) Only 2 bullets or 2% in chamber...
     
    #83     May 23, 2008
  4. Good thinking! I was sure some brains are here on ET. :)
    We seem to be on the same side most if not all the time. :p
     
    #84     May 23, 2008
  5. Too bad I got raped on some stock trades though today.
     
    #85     May 23, 2008
  6. join the club: Long LEH and AIG, Short BUD at open. mean-reversion business is not working for me.
     
    #86     May 23, 2008
  7. #87     May 23, 2008
  8. You dont. What you get is him posting about 15 different "calling the top" in the market and then finally when one is right then he runs around and starts a lot of posts claiming he called the top and forgets all the bad calls. Oh and you get hours after the tops some posted charts where he claims he sold.

    What you dont get are any actual trades or anything in real time
     
    #88     May 23, 2008
  9. To the folks to whom I said Friday to buy it when NDX was at 1947, now is the time to take your profits for today. This is not a short signal, but just to say that it is enough for today.

    3:08PM NDX at 1994 should be in area of top of today (tuesday)
     
    #89     May 27, 2008
  10. What about the folks you told to get short from 1925 all the way up to 2048 and what about those posts you made which said you already got out of your longs?

    Perhaps you are confusing reality with the 40 million make believe readers you said you believe you have who act on your posts here on ET.
     
    #90     May 27, 2008