Bull Trapping

Discussion in 'Trading' started by duard, May 30, 2006.

  1. duard


    Anyone trapping bulls?

    CBST looks O.K., huh?

    GS rules the street and the white house?

    Good Luck
  2. duard


    Board sure gets quiet when the longs get spanked.....

    Spank, spank, spank you naughty bulls.
  3. duard


    Interestingly last week the COT data AGAIN showed small spec and public up to their ears in longs going into this weekend. Now that they've puked back up we go. (For the short-term at least)

    JMHO Neck fully extended in the guillotine position.
  4. Cheese


    If you go down to the woods today,
    You're sure of a big surprise.
    If you go down to the woods today,
    You'd better go in disguise.
    For every bear that ever there was
    Will gather there for certain because
    Today's the day the teddy bears have their picnic.
    redbaron1981 likes this.
  5. Choad


    Believe it or not, not all "bulls" got smacked. Some long-only swing traders have MADE money during the last few weeks.


    Figure it out. :cool:

    Good trading to all.
  6. patoo


    glad to see I was with the rest of the sheep :mad:
  7. john99


    GS looks like a short with the chart formation and with Pualson leaving. Notice gap at 147. Also note that analysts just upgraded GS, that's why we have a gap. Let's see how this upgrade works out. I'm betting on the down side for a target of 145.

    <img src=http://www.stockta.com/cgi-bin/candle.pl?symb=GS&chart=candle&scale=log&period=120&ema=&macd=12%2C6%2C9&rsi=10&stochastic=&num1=4&gap=on>

    Check out the VWAP sells:
    <a href=http://www.advfn.com/p.php?pid=trades&btn=s_ok&s_symbol_select=NYSE%3ABHI&symbol=gs&s_ok=OK&newdate=0&newsym=1&reportbug_desc=> ADFN block trade after market</a>

    What option strategy should we use?
    1.Long put
    2.Bear put spread
    3.Put calendar spread
    4.Diagnol put spread
    5.Iron Condor
    6.Ratio spread
    7.Strangle Swap

    We've got weekly crude and FOMC minutes tommorow and the Dow finished near its low. Will the bleeding stop?
  8. duard


    My inclination is to take the measly 5 pts on the ES buys with the gap up this am.
  9. duard


    CBST down 10% since bull trap called.
  10. duard


    Better to have taken 5 pts then no points at all...
    #10     May 31, 2006