Scale into a short position Wednesday 5/7/08 at the close

Discussion in 'Trading' started by RiceRocket, May 6, 2008.

  1. That was a great call and way before the fact.

    Today was pretty much a blood bath for anyone who even thought about going Long.

    But the markets are at the very least bi-polar and may very well be schiozphrenic, so might want to pocket the profits while you sill have (lots of) them. :)

    Damn good call.
     
    #21     May 7, 2008
  2. I added some RTH puts this morning.
     
    #22     May 8, 2008
  3. Maybe if I changed my Username people would take me more seriously. Keep scaling in on the short side. Do not buy the dips. A railroad train is about to run over the longs.
     
    #23     May 8, 2008
  4. going to retest todays low IMO.

    Friday's key. AIG news should weigh it down.
     
    #24     May 8, 2008