I Have Not Been Able To Exclude The Possibility Of BLACK MONDAY 04/26

Discussion in 'Trading' started by shortie, Apr 23, 2010.

SPY Next Week

  1. Bullish

    55 vote(s)
    55.0%
  2. Flat

    10 vote(s)
    10.0%
  3. Bearish

    27 vote(s)
    27.0%
  4. I prefer not to say

    8 vote(s)
    8.0%
  1. worried about the bulls here. who knows what Fed will do tomorrow...

    and who are these nice people writing bullish headlines? are they just taking the bull/pig for a walk?

    [​IMG]
     
    #71     Apr 27, 2010
  2. That was some dip this morning.
     
    #72     Apr 27, 2010
  3. noddyboy

    noddyboy

    The bears seem to want blood from the bulls rather than make money. Little do they realize that many bulls will not be bulls forever and have made a killing even if they are stopped out now. I have reduced my maximum position and will scale back as volatility rises.
     
    #73     Apr 27, 2010
  4. i agree there is too much fear for such a small move. strange...

    maybe one of the secretaries who brings doughnuts to FOMC meeting overheard something and informed her hedge-fund connections?
     
    #74     Apr 27, 2010
  5. noddyboy

    noddyboy

    My stop is 5% if you want to try to hit that. At 2x leverage, that is a 10% loss.
     
    #75     Apr 27, 2010
  6. Well, that was a failure.
     
    #76     Apr 27, 2010
  7. Leveraged long at these high levels? Now, that's ball$y !
     
    #77     Apr 27, 2010
  8. How about now? Buy this....dip? :)
     
    #78     Apr 27, 2010
  9. noddyboy

    noddyboy

    I was 5x leverage long before. :p
     
    #79     Apr 27, 2010
  10. I hope everybody bought that dip.
     
    #80     Apr 27, 2010