Last Wallstreet Bear Capitulates

Discussion in 'Wall St. News' started by myminitrading, Dec 12, 2006.

  1. He changed his name to MNCS, You are owned.
     
    #21     Dec 12, 2006
  2. #22     Dec 12, 2006
  3. I really do not predict but I see that the semis are badly lagging. (-7% YTD vs + 13% S&P). So my best hedge is by shorting the SMH when the markets correct.
     
    #23     Dec 12, 2006
  4. All the bears have left, the bulls are running things now, higher higher higher, big dip today was just another buying opportunity, market may close up today in the land of perfect, were every day is an up day in the US equity markets buy buy buy.
     
    #24     Dec 12, 2006
  5. lol, <2. Thats ownage. Yes indeed. Merry Ownage!
     
    #25     Dec 13, 2006
  6. S2007S

    S2007S

    ACM SMH weak again today. I went long around 34, sold it quick as soon as I saw the markets getting weak. Sold it at 33.93.

    Looking to get back in for a swingtrade under $33.50
     
    #26     Dec 13, 2006
  7. I was able to carry shorts from 34.07 to 33.76. Obviously I missed a better range. Shorting the gap up at the open was the way to go. I wanted to have a better price, but it never occured. Ah well. SMH has been down 5 days in a row, now so, I am going to wait for a spike up. SMH often spikes up pretty good. Let's see.
     
    #27     Dec 13, 2006