I didn't post this... After I thought about being conservative.... and dumping my long exposures.... after about 5 minutes of head scratching..... I went massively short...
financials, the indexes... etc....
I'll show you this very nice elliot wave tomorrow.....
Target 11000
10500
anyone up for a Monday crashing stock market... with a fed hanging us where we deserve.
BTW I did catch most my longs damn near their intraday high..
There is nothing like catching a stock in that sweet spot, where you spend the entire day up. Also not catching that nasty bottom throwing out my stocks off the open like every other idiot.
Tuesday, February 5, 2008
Well
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2 comments:
Congrats!
Nice day for the shorts. Go SKF!
Good graph analysis on the SPX 1360 call.
Very short term bounce tomorrow?
Disney blew the doors off and could lift market for one day....
:) I'm betting up futures to sell into.....
our first significant bounce, I'm betting 12000 on the dow... only 300 pts away... be there tomorrow.
When do the Chinese come back from their Holiday... I bet they crash down 20% when they come back online.
I'd say how much i'm up... but I'll curse it....
I need to listen to my elliot waves more....
also stop playing video games...
I sort of took my eye off the ball playing Rome: total War. Friday through Sunday....
After I went short.. I just played and watched the market....
I did take the SKF. and SDS DUG. and some legit shorts, in some consumer names.
I cant believe the homies didn't take a beating.
Catch the new one.. I'm calling 1220-1160 SPX between now and Monday....
It's my Armageddon call.
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