NO FED CUT = short the MKT

Discussion in 'Economics' started by theShadow, Aug 13, 2002.

  1. Looks like we are setting up for a recovery high of 940 on the SP Cash index.

    Markets will have a rough time moving through those leves.

    Plus, don't we always seem to rally during options expiration week?

    Time to start adding puts....

    BB
     
    #11     Aug 14, 2002
  2. Thanks for selling to me on the bottom today! I owe you lunch at Mortons!
     
    #12     Aug 14, 2002
  3. NDQnCA

    NDQnCA Guest


    wow- you are a genius- not only was this the obvious thing to do- short the news (and the subsequent run-up on panicked covering) yes, nice day for me :) but i am enthralled by how you were able to come up with that especially the day AFTER the no rate cut and the market sell-off........did you watch it sell off on tuesday and then on wednsday decide that hey the market went down- i think my call is to short it- you should get a job as an analyst or broker- you could make calls like this and when a stock misses earnings badly and lowers guidance, you can be the first to downgrade it the next morning- they sure work hard for their cash, those ANALlysts.........:D

    just playing with ya :D
     
    #13     Aug 14, 2002
  4. Hmmm, weird, why not cover them, and then short again at the top??? :cool: Although, IMHO, we are close to the bottom, so the shorters who have been making some good $ might have to be very careful very soon.

    <b>
    The more shorts are still open, the more volatility we can expect IMHO.
    </b>
    Yes, but that volatility may be a bit one-sided.
     
    #14     Aug 14, 2002
  5. place a stop at today's high

    your decision on when to cover...
     
    #15     Aug 15, 2002
  6. after your great prediction of "no rate cut-short the market", I thought you would have retired by now.

    How bout opening up your specific trading records? That's priceless information!

    What a joke!

    Vinny
     
    #16     Aug 16, 2002
  7. Sanjuro

    Sanjuro

    Shadow just put all his shorts into his long term portfolio. :D
     
    #17     Aug 16, 2002
  8. yeah, great call man...you're a true genius. the truth is, everyone here needs to admit they can't predict sh!t....but then again, it's not about predicting anyway........
     
    #18     Aug 17, 2002