Every instinct I have is telling me to short

Discussion in 'Index Futures' started by myminitrading, Dec 14, 2006.

  1. I am getting reday to pull the trigger here.
     
  2. only if it ends flat. otherwise, CPI could give this baby another big push up tomorrow.
     
  3. I will make my own decisions, thanks.
     
  4. Well then its good that you dont need to post your ideas on a message board then....
     
  5. empee

    empee

    i think your wrong I was bearish (short-term) until today I think we are getting ready to try for another leg up.

    Looking at the charts I "feel" totally opposite but my gut tells me otherwise.
     
  6. I think you're close MMT. Also coming out of the FOMC.

    Should be good for a pullback at least. I think the hardcore shorts have thrown in the towel, dont think anyone wants to short this so now maybe the time to fade the crowd.

    Only thing is the end of year bullishness.

    Good luck keep us updated
     
  7. :)
     
  8. zdreg

    zdreg

    some people like to post without receiving advice or criticisms.

    they want others just to listen and nod at most.
     
  9. Good luck man!!!!

    Go go go!
     
  10. I have used this mornings option expiry.induced surge to buy DXD-Proshares Ultrashort Dow ETF @58.35. 8% stop. 2 to 1 leverage. VIX at multi-year low. Wall Street bonuses are in the bag.
    Everything is wonderful with lots of complacency. :) Hate to have a surprise ???
     
    #10     Dec 14, 2006