Gotta love ZERO RISK in the SP500 = $$$

Discussion in 'Trading' started by makloda, Jan 27, 2007.

  1. What goes up must come down....
    #1481     Feb 22, 2007
  2. Short squeeze? Today?

    That blunt you're holding in the photo must be packed with northern lights, not a marlboro light.
    #1482     Feb 22, 2007
  3. Northern lights is that potentttttttttt stanky stank! :)
    #1483     Feb 22, 2007
  4. S2007S


    Im seeing green on the nasdaq once again.

    Was going to take advantage of QLD at $87.50, had a limit order in but cancelled it, kind of regret it now.
    #1484     Feb 22, 2007
  5. These "100% up room to go no risk free $$$" days sure seem to be getting weaker and weaker.

    Seems like a wash and rinse cycle that could be the start of the correction.

    No one expects 5% down days. But we may get a whole lot more .5% down days than up days over some time now. And those .5% down days, extending over a period a months, add up really fast.

    We shall see.
    #1485     Feb 22, 2007

  6. ok... but is there risk yet???

    #1486     Feb 22, 2007
  7. <i>"Northern lights is that potentttttttttt stanky stank!"</i>

    The bear hunters better pack their bongs and stay inside the cabin this afternoon... buying dips might get expensive today.

    Short ER 826.30 = stop par
    Short ES 1458.50 = stop par

    let 'em ride
    #1487     Feb 22, 2007
  8. S2007S


    The question is are there more .25-.50% down days to come or is this another opportunity to go long.

    Look back at May 10 when the dow touched an intraday high at 11709, did anyone think for 2 months that the markets would have been in a steady downtrend, heck no.

    I could go long DIA at DOW 12680 and see it fall to 12600 and say you know what, its going to come back, ill hold onto my DIA shares, then the next day the markets come back a bit and you think yep were back in the uptrend only to see the Dow close at the end of day at 12585, before you know it those shares you bought are now worth 125 bucks. You still dont give in thinking the market will come back and before you know it your sitting at 120 bucks a share, down nearly 7 bucks from where you originally purchased your shares.
    #1488     Feb 22, 2007
  9. EPrado


    Nothing to do with Patriotic my friend.....been drinking the same thing since college.....Budweiser......not into imports .....although Stella is an excellent beer to get annihilated on...
    #1489     Feb 22, 2007

  10. Never going to happen
    #1490     Feb 22, 2007