I'm adding to shorts...

Discussion in 'Trading' started by trade-ya1, Jan 28, 2004.

  1. I got lucky. Now I'm adding due to confirmation. I think the market can be -200+ today.
  2. Congrats I think you just nailed the intra-day low.

  3. There is always tomorrow...
  4. May have. It was -100 when i wrote the message. I'm still a believer, nonetheless.
  5. Momento


    I sense no short term catalyst that would give it an upward break either. I added more QQQ shorts too.
  6. Mecro


    Shorting at the bottom always makes sense.

    Good luck
  7. CalTrader

    CalTrader Guest

    A good target .... probably wont quite get there though before the close.

    Tommorrow should be interesting ... although I dont think there will be much to move us lower, I'm cashing out my shorts before the close and going into tomorrow neutral.
  8. Mecro, a bottom is only a bottom in hindsight. :)
  9. not until 1122.00
  10. Mecro


    You're chasing a move. Do you really want to short the last 25% of the move just to see the market open up significantly tomorrow? You do have to have proper exits as well.

    The real shorts were put in before the annoucements. Anyone shorting during that nosedive are just sheep.
    #10     Jan 28, 2004