nitro, i don't get what u said - can u be a little clearer, u expect spx to fall now or u think it will rally another 50pts and then fall 10%? which of it is it?
Fall 50 handles in one day, then correct 10% over the next month or so. How it does that I don't know. [up down down up up, or up up down down down down etc]
bluematrix, do yourself a favor and read the last year+ of this thread. Nitro has been proclaiming "short", "crash", "added to shorts" for more than 400 handles. Not sure what his day job is, but if he's funding these shorts his W-2 must be reflecting an income greater than that of Michael Jordan in the 90s.... lol!
you serious? there are too many posts in this thread.. perhaps ET should introduce a proper audited trading component that makes it easier to follow the weight of user's views.. eitherway I don't think the recent short entries are too bad as a pull back is certain to happen. only question is how many shorts will this market wipe out first.
Even a broken clock is correct twice a day. Yes, if you continue to make "sell" & "short" calls month after month after month, eventually one may prove to be a winner. Same holds true for buys in a falling market... Idiotic way to trade and it DOES NOT PRODUCE RESULTS.. What are the mark-2-mark losses in the total "nitro" positions for the past 2 years??? Any guess??? MASSIVE LOOOOSER.
What is wrong with you arb-r-us poster? You are stalking nitro all the time and so angry. Why do you care what nitro say?
To arb-r-us poster, I am saying you are so angry with nitro's thread. Why? Nitro is talking his model and thoughts maybe of the market. The elitetrader is free and not your advisor you pay. Nitro is not owe you something.