If this baby starts to sell off Monday strong, what is your profit target areas to cover your SHORT positions? Chris BTW, TheStudent you have some great examples as to what I am looking for in this position trade I am in!
this is a long term trade for me, i am going to try to ride it as far as possible. i have no hard targets at this time. best surfer
11-16-03 08:35 PM Surf? If this baby starts to sell off Monday strong, what is your profit target areas to cover your SHORT positions? Chris BTW, testament you have some great examples as to what I am looking for in this position trade I am in! _____________________________________________ I am here. I have come to warn you. this correction will not be a longer event. Be prepared to take quick profits on your shorts and do not take HUGE risk. Your next opportunity will be on the long side as you capture the next parabolic advance to new monthly highs. After this SUDDEN destruction WILL COME INTO THIS MARKET! This will be your BIG opportunity to sell short and trade heavy. YOU ARE GOING TO SEE A STRONG SUSTAINED DECLINE BACK TOWARD THE LAST OCTOBER LOWS OF A YEAR AGO AND THEN YOU WILL SEE THE MARKET BREAK THOSE LOWS AND CONTINUE TO DECLINE WELL INTO cataclysmic PROPORTIONS!!!! The end to this bull rally off of last Octobers lows in near an end but the end has not yet come! BE forewarned!!!
i don't have hard targets but will do my best to advise when i close the shorts in as real time as possible. best, surfer
Go ahead laugh if you want to but you will look very foolish if you don't heed the warning. I'll admit the "I am here" part was kinda corny but I have to agree with the statement about the market. would you not agree with his analysis? If so why not?