Weekly Poll: SPY Is Stuck at 110

Discussion in 'Trading' started by shortie, Jul 31, 2010.

SPY Next Week?

Poll closed Aug 6, 2010.
  1. Bullish

    20 vote(s)
    40.8%
  2. Flat

    7 vote(s)
    14.3%
  3. Bearish

    20 vote(s)
    40.8%
  4. I prefer to keep my opinion to myself

    2 vote(s)
    4.1%
  1. S2007S

    S2007S

    Futures surging this morning.

    Oil near $80.00 a barrel.

    Guess the bears are on vacation for a day or two.
     
    #21     Aug 2, 2010
  2. Right now the bulls are 12 and the bears are 14. My guess is there are quite a few who were short over the weekend? Ouch !! :eek:
     
    #22     Aug 2, 2010
  3. LEAPup

    LEAPup

    It's my Birthday. This is the ULTIMATE indicator that we will have an up day! Lol!!!!:D

    (Wish I could say the same for years past...:eek: :D )
     
    #23     Aug 2, 2010
  4. KMAX

    KMAX

    Recently we've reversing the opening gaps, this may be a bull trap. looking to go short somewhere around here.
     
    #24     Aug 2, 2010
  5. happy birthday!


    we are sitting on a giant gap now. last week we also started the week strong and then the rally quickly reversed. does not have to be the same this week.
     
    #25     Aug 2, 2010
  6. LEAPup

    LEAPup

    Thanks Shortie! Appreciate it!

    Btw, since it's my Birthday, why am I chained to my desk, and staring at monitors?:eek: :D Lol!

    I may make this a "Ferris Bueller's day off," and take my Son to a baseball game this afternoon.:)
     
    #26     Aug 2, 2010
  7. Happy BD! Enjoy your day. It comes only once a year.
    :)

    EUR/USD is getting close to 1.32 from where it fell during its crisis. It is 11:30ish. Let us see if market will react at the same time as EUR/USD.
     
    #27     Aug 2, 2010
  8. KMAX

    KMAX

    Happy Birthday Leapup.
    I ended up going short (a SPY put) at around 112 @ 10am.
    I'm screwed, down about 17%. Market will probably flatline the rest of the day. The dollar broke through it's 200 day.
     
    #28     Aug 2, 2010
  9. LEAPup

    LEAPup

    Hey bro, thanks! I feel... Well, older. Lol!:D
     
    #29     Aug 2, 2010
  10. LEAPup

    LEAPup

    Thank you Kmax! I felt the pain when I rolled out of the rack this morning. Old guy I guess... LoL!:D

    As for the short put, just glad it was only one put!
     
    #30     Aug 2, 2010