empee's blow-out journal

Discussion in 'Journals' started by empee, Jun 14, 2006.

  1. empee

    empee

    hmm, will look to reshort potentially, obviously I am expecting a big move either way. No I dont want to straddle
     
    #51     Aug 30, 2006
  2. empee

    empee

    sold 3 nqz6 at 1607, stop 1612

    looking for 39 resistance to hold on the QQQQs, if it does than looking for a flush downward.

    If it doesnt I get stopped
     
    #52     Sep 5, 2006
  3. empee

    empee

    hi, sold 2 nq with a 5 pt stop that was hit, out -240, reshorted 2 at 1661 with a 3 pt stop, got hit about -100.

    Waiting, looking for a big reversal in qqqq

    40.20/40.30 area on qqqq should be a resistance, qustion is how long this squeeze lasts.

    I reshorted at 1662 4 pt stop, the only thing is we are so clsoe to all time highs it feels like they will squeeze to new highs to bring in fresh money (before it reverses what I suspect) (on the dow, which would cause a laggard move on QQQQ)

    anyway, looking for this area just above 40 to hold, if so looking for a big move down.

    i backed it out -.5 pt just going to wait till it gets clearer.
     
    #53     Sep 15, 2006
  4. empee

    empee

    i reshorted 1660.50, 5.5 pt stop
     
    #54     Sep 15, 2006
  5. empee

    empee

    hi,

    last trade stopped breakeven,

    reshorted again and stopped breakeven

    reshorted again today at 1670 stop is breakeven have a good weekend everyone (Im out of town)
     
    #55     Sep 21, 2006