Is this like 2003 when bulls went mad?

Discussion in 'Trading' started by shortie, Jul 25, 2009.

SPY In A Week

  1. +5%

    29 vote(s)
    34.5%
  2. +2%

    10 vote(s)
    11.9%
  3. Flat

    16 vote(s)
    19.0%
  4. -2%

    17 vote(s)
    20.2%
  5. -5%

    12 vote(s)
    14.3%
  1. Like the sun rising in the east, stock has managed to kill one of the more powerful rallies in recent history! Getting short 10 days or so ago right before he called for dow 15k is looking good at the moment. Keep up the good work stock, my positions want you to keep on posting!
     
    #111     Aug 17, 2009
  2. -166 points not such a big deal. Will rebound in the final 60 minutes as always.
     
    #112     Aug 17, 2009
  3. thank you, now we will close on the lows..todays lows will be tommorrows highs, keep on cheerleading buddy. Another question, since you are the brightest and best trader/investor on here (in your own mind at least), why do you keep score on the dow? The pros follow the s&p, can't you even get that right?
     
    #113     Aug 17, 2009
  4. looks like frank is barbecuing today. sometimes i wonder what stock_tradr tastes like...
     
    #114     Aug 17, 2009
  5. goldman's funds see a v shaped recovery.
     
    #115     Aug 17, 2009
  6. ^

    Hahaha.....

    Good thing I loaded up on inverse ETF's last week. The market didn't give anyone a chance to get in on the cheap today.





     
    #116     Aug 17, 2009
  7. Dang. Nailed the first part, pretty much.
     
    #117     Aug 17, 2009
  8. i happened to have an unbalanced position (net short) after the last expiration (short SPY from ~94). after one month of suffering trying to improve the position (selling puts for insurance and adding short calls to take advantage of the "any-day-now selloff") i managed to get a larger short position with an average entry ~98.5. yesterday i significantly reduced my exposure and feel like a hero after surviving the giant run-up. still have some short exposure left.

    sh*t, all this suffering and i am just happy to be alive. anybody else trades like this? :D
     
    #118     Aug 18, 2009