What's your target for the bear rally?

Discussion in 'Trading' started by cunparis, Oct 13, 2008.

  1. You mean...stay BEARy nimble? :D
     
    #31     Oct 14, 2008
  2. Did you bail on the SHORT as the ES was trading 12 points against you? :)
     
    #32     Oct 14, 2008
  3. Syprik

    Syprik


    DOW 7500, SP500 800 within 2q's. You need to do more detail oriented homework on historical market bottoms.
     
    #33     Oct 14, 2008
  4. spooz 1600 next year
     
    #34     Oct 14, 2008
  5. Yep.
    The 150 VIX reading is true.
    That's why the readings in the 50's earlier last week did nothing for me.
     
    #35     Oct 14, 2008
  6. Well I have set my final profit target for the ES at 978.00 to see if it can get filled before the close....will see. :)

    Still holding all my Long Term Rydex 200% Inverse S&P500 from this morning.
     
    #36     Oct 14, 2008
  7. Nice trading.....got your 978.00.
    Do you have a stop for your LongTerm shorts or are you just letting it run with the primary trend?
     
    #37     Oct 14, 2008
  8. Agreed, but with the adrenaline pumping going on, we could see a shot to 11k before she resumes her trajectory down to 7000 or lower.
     
    #38     Oct 14, 2008
  9. Yeap....978.00 tagged....my SHORT ES position is now flat.

    I did cover 33% of my Rydex 200% Inverse S&P500 position as the ES started trading below 980.00 .....the rest I will hold and just see how things go in the days ahead (since we had a significant sell-off from the open I did want to lock in some profits. Never know what new govt program may get announced overnight....LOL!).
     
    #39     Oct 14, 2008
  10. Dow still up 1000 points from just last friday
     
    #40     Oct 14, 2008